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US Elections Marked As The Biggest Political Gambling Event

By: Marica K, November 11, 2016
Some lost and some made millions on the biggest non-sporting gamble ever.

Some lost and some made millions on the biggest non-sporting gamble ever.

According to CNN this year’s presidential elections in the US were the biggest non-sporting gambling event. The electoral battle between Hillary Clinton and Donald Trump was a head-turner from the very beginning, but as the finale approached it got even more turbulent. This was a perfect opportunity for punters worldwide to make their benefit from this epic political fight. The UK bookmakers will remember this day as they took £20 million in bets.

From the moment when everyone realized that the two remaining candidates for the White House position were billionaire Donald Trump and former president’s wife, Hillary Clinton it was clear that this will be the event that will draw everyone’s attention regardless of their interest in politics. The best proof of that are the statistics of bookies who claim to have been accepting 35 bets per minute. The situation was slowly building up and at first everyone though that this is a safe bet, as Hillary seem to be the obvious favourite. Even Irish bookmaker, PaddyPower decided to go with Hillary and went on a limb to pay £800,000 upfront to those who bet on Clinton. As if that were not enough they continued accepting bets on Trump and ended up losing £4 million in total.

The Irish were not a lonely case, as reportedly many dared to bet as high as £100,000 and more (one woman even staked over £400,000) that Trump will lose. However crazy it may sound now, it should be noted that Hillary was favoured until the very end, so according to major UK bookmakers a great number of punters made their bets on the day before the elections. Who could have thought that the situation could turn only hours before the end of the voting? Those who made such a daring prediction (and there were many) will remember November 8 as the luckiest day of their lives. Some of the punters who were brave enough to go against the odds and stick with the idea that Donald Trump not only stands a chance but will actually become the 45th president of the USA, became millionaires.

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