"A whole new universe of bettors won last time. "If it was Jeb Bush versus Biden, we would be taking a third of the turnover."īiden may be favourite but Shaddick said 70 percent of bets placed this week have been for Trump, calling the level of confidence in him winning "astonishing". "There is no doubt the fact he is such a colourful character makes it appealing for people who would otherwise be uninterested," he added. The figures are simply astounding and include all sporting events."įor Adams, the huge amounts laid on Tuesday's vote are largely down to the love-him-or-loathe-him personality of Trump.
"We predict that this will be the biggest wagering event of 2020. "We are already over £3 million and expect to take £10 million," said Hill's international spokesman Rupert Adams. William Hill said they also expect the election to be easily its biggest event of the year, given the cancellation of money-spinners such as the Grand National due to Covid-19. I guess a billion pounds ($1.3 billion, 1.1 billion euros) is being bet." "It might be the biggest ever market on anything pretty much and outstrip football worldwide. "It is twice as big as 2016, easily making it the biggest political event ever. "This is a huge market," Shaddick told AFP. Its rival, William Hill, also has former vice-president Biden tipped for victory. Republican party candidate Trump is once again the outsider, with his Democratic challenger Joe Biden the favourite with GVC's gaming brands, which include Labrokes, Coral and BWin. Matthew Shaddick, head of political betting at British sports betting and gambling firm GVC, said that is double the amount in 2016, when Donald Trump upset the odds and polls to beat Hillary Clinton. The US presidential election is proving a boon for bookmakers, with estimates that more than $1 billion has already been bet on the winner around the world even before polling day.
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