Sports Bettors Cash Big on Donald Trump's Victory
Donald Trump has been elected as the 45th President of the United States in a stunning upset.
Donald Trump was on offer at around +450 at online sportsbooks to start the morning and was at the trailing end of most national polls. Many pollsters and some sports bettors believed it would be a short night for Trump.
Trump jumped out to an early electoral college lead and rattled off a string of key victories in the battleground states of Ohio, Florida, North Carolina, as well as upsets in the likes of Wisconsin and Pennsylvania.
A number of sports bettors on SBR Forum held tickets that paid as long as +6600 back when Trump winning the election was treated more as a pipe dream; the proverbial Leicester City of the political betting arena. BetOnline shared via Twitter the first player to have wagered on the line for a cool $6,600 profit.
Sportsbook Review has asked for comment from the heads of a handful of of sports betting sites on how they made out tonight and overall. The in-play betting markets had Trump as short as -8000 as the night went on. Irish bookmaker PaddyPower created headlines by sensationally paying out all Hillary Clinton for President wagers as winners on October 18; the Irish bookmaker will now have to double-pay the market and settle all Trump wagers for a loss of a reported £3.5 million.