British Columbians wager $1.4 million that Trump will win | iNFOnews | Thompson-Okanagan's News Source

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British Columbians wager $1.4 million that Trump will win

In this combination image of two photos showing both President Donald Trump, left, and former Vice President Joe Biden during the first presidential debate Tuesday, Sept. 29, 2020, at Case Western University and Cleveland Clinic, in Cleveland, Ohio.
Image Credit: (AP Photo/Patrick Semansky)
November 02, 2020 - 1:41 PM

British Columbians are putting their money on Donald Trump to win.

Nearly 3,000 bets through — the province’s legal sports gambling website owned and operated by the B.C. Lottery Corporation — totalling more than $1.4 million (or 68 per cent of the wagers) have been placed on Trump heading into U.S. Election Day tomorrow, Nov. 2, according to a BCLC media release.

If he wins, the potential combined payouts to all players who wagered on Trump to win total more than $3.4 million. Trump’s current odds are 2.35.

If the gambling public in B.C. has any real insights, things don't look good for Joe Biden. There are only 1,484 bets totalling more than $622,000 (or 29 per cent of the wagers) that Biden will win. That translates to a combined potential payout of more than $1 million. Biden’s current odds are 1.58.

To date, an estimated 12,000-plus bets totalling approximately $3 million have been placed on the U.S. election in 2020, BCLC said. Other popular bets on the 2020 U.S. election include state betting, electoral college voting and popular vote betting.

The 2016 U.S. election attracted approximately 7,200 bets on, totalling more than $737,000.

BCLC was the first jurisdiction in Canada to offer novelty betting on the U.S. election through in 2014.

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