Man Bets $5 Million on Trump to Win Election for Some Reason

This story was published more than 3 years ago.

A UK gambler went big on the 2020 US Presidential Election, betting $5 million on Donald Trump to be re-elected, a wager that sure looks like it's going to bite him in the keister.

The man is a retired banker and he placed wagers at books based in Curacao, securing odds of 37/20, which could have resulted in a payout of $15 million. Reportedly, he consulted with Trump "insiders", who told him that Donald's odds of winning were better than they appeared. Indeed, Trump did outperform polls on election night, and at one point was even favored to win the election. However, as absentee ballots began being counted, Trump's margin shrank and it now appears to be almost certain that he'll lose the election to former Vice President Joe Biden.

That result will likely take weeks to resolve though, as Trump and Biden legal teams are contesting the counts throughout the country.

Commenting on the size of the wager a betting source said, "Word of this bet has done the rounds and we think it's the biggest ever made on politics."

While having enough money to make a bet of this size is a luxury that likely won't interfere with the gambler's day-to-day life, it still has to be maddening to see such a large bet go down the toilet.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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6 November 2020 - 1:55am

We don't know what odds he got so it could have been a good value bet at the time. Though placing it with a bookie in Curacao even though he's from the UK? More than likely the bettor is crazy.

Geez old Trumpy is starting to look like Jabba the Hutt in that photo. The tie knot is holding everything in.

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6 November 2020 - 1:44pm

"Bring me Fauci and the Wookie. Hohohoho"


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6 November 2020 - 8:50pm

Wow that's an awful picture of Trump. I love it. 🙂

And what a dummy. All the polls here have been saying Biden had a lead for weeks if not months now. Maybe the Trump insiders were really hoping on that foreign interference being more effective this go-around.


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9 November 2020 - 1:42pm

Hahaha, the gambler must be a wealthy retired banker. He firmly believed that Trump would win the election 😀

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10 November 2020 - 8:12am

That's a lot of money for a bet like this, I'm going to go with a bit of pure crazy stemming from a lot of psychosis, all brought upon by drugs and alcohol. Of course this is just speculation, I have zero proof of these remarks. Honestly, I'm just happy trump doesn't have that sort of power for another 4 years, and I don't even live in the states lol