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British businessman bets $5million on Donald Trump winning the US presidential election in 'largest political wager ever made'

 British businessman bets $5million on Donald Trump winning the US presidential election in 'largest political wager ever made' An u...

 British businessman bets $5million on Donald Trump winning the US presidential election in 'largest political wager ever made'


An unnamed British former-banker has bet £3.9million on Donald Trump coming out on top in the US presidential election.

Betting insiders believe the businessman's enormous $5million pledge is the biggest number ever wagered in politics. 

The financier - who is based overseas and whose name has not been released - placed his bet with private bookmaker in Curacao in the Caribbean after speaking to 'Trump camp insiders'. 

President Trump is running against Democrat Joe Biden in tomorrow's election - and polls are suggesting it will be a nail-biting finish. 

If the anonymous businessman's hunch is successful, however, he could walk away with almost $15million or £11.6million.

A source from the gambling industry told The Sun: 'Word of this bet has done the rounds and we think it's the biggest ever made on politics.'

Three in four of all bets put forward in the last week of voting has been for President Trump, bookmaker Ladbrokes revealed.

Ladbrokes' Jessica O'Reilly said: 'Biden looks home and hosed according to the bookies and pollsters, but even at the eleventh hour punters are continuing to back Trump at the odds on offer.' 

But not everyone is so confident in that outcome. Another Briton today put £1million on bookies-favourite Biden winning and is set to take away £1.5million if he's right.

People were still rushing to place bets on the eve of Tuesday's election and Matthew Shaddick, Head of Politics Betting at Ladbrokes Coral Group, said it estimated about one billion pounds would be wagered globally across the industry.

US President Donald Trump's chances of re-election gained slightly over the weekend, but Biden remained a clear favourite in online betting markets.

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