Mystery British businessman bets $5m on Trump in ‘largest political wager ever’

The former banker stands to win almost $15m if the US president wins a second term

Donald Trump at his final rally before election day in the 2020 presidential election.
(Image credit: Jeff Kowalsky/AFP via Getty Images)

A British gambler is hoping to prove US election pundits wrong after placing a $5m (£3.9m) bet at odds of 37/20 on Donald Trump winning the presidential race.

As US voters go the polls today, The Sun reports that the unnamed “fluttering financier” placed his big-bucks wager with a private bookmaker on the Caribbean island of Curacao after speaking to “Trump camp insiders”. A betting industry source told the newspaper that “word of this bet has done the rounds and we think it’s the biggest ever made on politics”.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up

  Chas Newkey-Burden has been part of The Week Digital team for more than a decade and a journalist for 25 years, starting out on the irreverent football weekly 90 Minutes, before moving to lifestyle magazines Loaded and Attitude. He was a columnist for The Big Issue and landed a world exclusive with David Beckham that became the weekly magazine’s bestselling issue. He now writes regularly for The Guardian, The Telegraph, The Independent, Metro, FourFourTwo and the i new site. He is also the author of a number of non-fiction books.