The whole world has been following the counting of the United States presidential elections since last Tuesday, 3. This Friday, June 6, Joe Biden continues to lead the way, generating a kind of disbelief in the chance of re-election of current President Donald Trump in the bookmakers.
Although he has been seen as an underdog since the beginning of the electoral race among bettors, Trump has recently reached a new level: some of the companies in the sector already indicate a 6/1 handicap from the current president.
Recalling that Biden was already nominated as a favorite candidate even before the beginning of the vote counting.
Last Tuesday, two hours before the start of qualifying, Betfair paid £ 1.40 for every pound bet on the Democratic candidate (Joe Biden).
Last Thursday, for example, with the advantage imposed by Biden and closer proximity to the White House, Betfair dropped to £ 1.1 for every £ placed on Biden and increased Trump’s odds to £ 6.5, which became the “underdog”.
Other bookmakers followed the same trend: £ 4.20 for Trump at Betway, £ 5.00 at SportsBet and £ 4.50 at Bwin.
In all cases, Joe Biden’s election yields just over £ 1.1, which shows his status as an absolute favorite in the presidential race.
Trump vs. Biden sets record for bookmakers
In a recent article, the English newspaper The Guardian pointed out that the United States elections could move a record mark for the global betting market, reaching a billion pounds (approximately R $ 7.3 billion at the current price) worldwide.
Among bettors, a player who did not have his identity revealed came to place a bet of one million pounds (R $ 7.3 million) trusting in the conquest of Biden. If the election of Trump’s opponent takes place, that bettor will pocket a total of £ 1.54 million (R $ 11.2 million).
Also according to The Guardian, Betfair announced that the total bets placed on its platform reached the mark of 271 million pounds until Tuesday, the day when the counting of American votes began, with most of the bettors being from abroad , as betting on political issues is considered illegal in the United States.
