Betfair spokesman Darren Hughes said that as of Wednesday morning, Betfair Exchange had bet 220 million pounds (about 284 million US dollars). This London-based company operates the world’s largest online gaming exchange.
Betfair predicts that the stakes in the US election will eventually exceed 400 million pounds.
Hughes said the bet will continue until a clear winner is announced.
Watt said Betfair is one of several exchanges in the UK, albeit the largest. Watt said that other exchanges and various sports books are also betting, which means that the amount of betting may even exceed 220 million pounds.
So far, the amount of bets in the U.S. election exceeds Betfair’s total betting on the four most watched sports events: Floyd Mayweather vs. Connor McGregor boxing match in 2017, and the 2018 World Cup , The 2019 National Horse Race and the 2020 Super Bowl.
In the presidential campaign, those who seize the opportunity of President Trump are increasingly likely. If the winner bet £10, the profit would be £18.80, while the challenger Joe Biden would be £5.26-essentially giving Trump a 34.8% chance of winning.
Watt said Trump’s long journey has attracted many people who bet on the president. He said that the number of people spending money on Trump is twice as much as Biden, and Biden has twice as much money-despite placing more money and bigger bets on Biden.
Watt said that based on current odds, the Democratic vice presidential candidate Kamala Harris is second with a 14.3% chance, followed by Rep. Alexander Ocasio-Cortez with 5.9%. Opportunity to come. Then came former South Carolina Governor Nikki Haley with a 5.3% chance.
And the odds give President Trump-if he loses this year-a 4.8% chance of being re-elected in four years. If this happens, he will not be the first non-consecutive president: Grover Cleveland is the 22nd and 24th president of the United States.