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Businessman wagers $5M on Trump winning election: report
Fox News ^ | November 2 2020 | Edmund DeMarche

Posted on 11/02/2020 11:57:40 PM PST by knighthawk

An unidentified British businessman apparently thinks President Trump will be re-elected and he’s willing to put his money where his mouth is, a report said.

The Sun newspaper reported Monday the ex-banker bet $5 million through private bookies located in Curacao and it is believed to be the largest political bet ever made. The report said the individual did his research and consulted with “Trump camp insiders.”

The bet can result in a $15 million payout, the report said.

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events
KEYWORDS: bet; biden; trump

1 posted on 11/02/2020 11:57:40 PM PST by knighthawk
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To: knighthawk

I’d bet it


2 posted on 11/02/2020 11:59:07 PM PST by wardaddy (I applaud Jim Robinson for his comments on the Southern Monuments decision ...thank you run the tra)
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To: knighthawk; wardaddy

Alright it was ME, Sheesh!, now can we let it rest...you’re gonna jinx me!!!


3 posted on 11/03/2020 12:05:08 AM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: knighthawk

93%?!?! The bookies stand to take a shellacing.


4 posted on 11/03/2020 12:08:32 AM PST by nickcarraway
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To: knighthawk

5 million resulting in a 15 million payout is the equivalent of betting $5 on a 2-1 horse at the track: 2 to 1 pays $4 plus the $2 bet is added in, so $5 = 6 x 2.50= $15=== but betting 5 MILLION on a horse would not be allowed, because it would create a huge negative pool and would result even it was allowed in the minimum payout of 20 cents on every $2 , a 10 % profit-—$5million would get you $550,000.00-—so don’t do it.


5 posted on 11/03/2020 12:46:07 AM PST by supremedoctrine
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To: supremedoctrine

Correction-—though it hardly ever happens even with the heaviest of faves, sometimes the track will only give out 10 cents in $2 win. REALLY not worth it


6 posted on 11/03/2020 12:52:17 AM PST by supremedoctrine
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To: knighthawk
The Sun newspaper reported Monday the ex-banker bet $5 million

Things that make you go hmmm....

7 posted on 11/03/2020 1:36:18 AM PST by Veggie Todd (Religion. It's like a History class. Without the facts.)
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