Bookmakers Paddy Power have taken their biggest ever bet on Donald Trump to be elected.
The £200,000 wager was placed in a store in London, and far outweighs any bet placed so far on this election, or back in 2016. Should Trump be voted in again the customer will scoop £420,000 with a profit of £220,000.
This comes as the President’s chances of re-election drifted from tied favourite 10/11 with Joe Biden last week – the shortest price he’d been since April – out to 11/10 today.
In fact, the bookies actually recorded an uptake in the number of bets placed on Biden this week despite the large Trump wager, and he is now odds-on 4/5 to be named President in November.
A Paddy Power spokesman said: “This week we took an eye-watering bet on Donald Trump to be re-elected, the biggest we’ve taken both this time around or in 2016.
“This comes despite the President’s chances of winning actually looking less likely according to the odds – but clearly, this bettor is confident the result is only going one way.”
US PRESIDENTIAL ELECTION ODDS:
4/5 Joe Biden
11/10 Donald Trump (out from 10/11)