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This has been considered the biggest political bet ever.


In a few more hours, we will be announced the results of the presidential race. First, there was a $1M bet, now, $5M has been made. Politics aside, I love to see how people enjoy their happiness with gambling. No matter what the aspect is, they can always make an entertaining bet. Do our cryptocurrency gambling sites have a big wager like this?

Source: British gambler bets $5M on Trump in biggest-ever political wager (https://www.foxbusiness.com/lifestyle/british-gambler-bets-5-million-on-trump-in-biggest-ever-political-wager)

With that huge bet size. I'm sure he has a good source on election stats on America. The voting system of USA is unique and quite predictable because the vote is per state electoral vote and not by individual vote count.

This gambling in politics is only available on USA election so I wonder if this kind of gambling will be adopted by different country especially in the 3rd world country since politics can be manipulate.

Well, he's likely to win based on the current results but is he even allowed to bet from England? If I am not mistaken, all casinos registered in Curacao prohibits gamblers from that region. He'll probably claim it if he wins though as the licensing body wouldn't care either way.

He should check FTX too if he still has extra funds ;D
https://i.ibb.co/RHNxDQ4/Untitled.png

That's a huge bet for Trump i'm not quite sure where to look at the live presidential score but it looks like Biden allocated more votes than Trump as the moment, correct me if i'm wrong. Weill this is really risky in my opinion.

I'd love to check if there's a site giving us live tally of the votes, I'm also looking for it but could not find it. However, about the bet, I guess it's normal to see bettors in favor of trump as he is the president now and he won the last election with an odds very high that some gamblers really made a big profit.

odds on in 2016 is +475 (https://www.oddsshark.com/entertainment/us-presidential-odds-2016-futures)

About the election now, there's a lot of money expected to get in as a bet.

 Bettors Have Wagered A Record $300 Million On Trump vs. Biden With $500 Million Expected (https://www.forbes.com/sites/willyakowicz/2020/10/30/bettors-have-wagered-more-money-on-trump-vs-biden-than-nevada-collected-during-super-bowl-liv/?sh=6bcc70235ae3)

Not really familiar with election betting it looks like the odds are changes dramatically well I think this might happen today. Good luck to the bettor who placed $5M to Trump.

wow that's really huge bet, right now I was planning to place a bet maybe I could follow this bettors bet it looks like he is confident to place such amount on Trump. hopefully i do the right decision.

That is a huge amount of bet, I would be shaking till the election is over. The last time I saw the tally Biden was on the lead, it seems that the bettor is a huge supporter of Trump, I can't wait to see whoever becomes the next president of U.S. Good luck to huge election bettors out there.

There must be some sort of underground gamblers who want to make a bet on third world countries' political situations. Those casinos only contain rich people or high class, maybe. Moreover, I have never seen any third world countries accepting gambling as a form of entertainment. They scare that people can become addicted to gambling which makes the whole economic system goes down. And if some casinos lists a country election on the pool, I guess the government will not be pleased at all

it's unnerving even though I am not the one who has to lose that amount of money. and seeing that Biden is on the lead my anxiety is rising(not that I am against or support him)


new york times has a live tally of votes on their website and bidden is currently on the lead by 1.5M+ votes.

here's a link to their website https://www.nytimes.com/interactive/2020/11/03/us/elections/results-president.html

off-topic: I never knew that Alaska was part of USA. huh.

Ooh boy that's a big amount. I wonder if he just went all in or is that an amount he can afford to lose. Though I really doubt people could actually just simply afford to lose $5m for nothing, most likely gonna hurt his wallet a bit if he was really rich, only a bit, but nonetheless damage still. I just hope they could provide a reaction towards the person who made the bet, whether online or offline, just to see what he felt when the election is over. Winning or losing, it's a guaranteed explosion of emotions, which really makes seeing these huge bets happening interesting.

The player must be in tremendous trepidation right now! Donald Trump won a series of key battlegrounds including Florida, Ohio and Iowa while Biden expressed confidence he would ultimately prevail across key Northern states and Arizona.
On the NYT I see Biden is ahead: Biden Trump 227-213

That is an enormous amount of bet for someone who by all polls is behind in this electoral race.This gambler must be relying on Russians helping Trump once again but unfortunately for him all the help is blocked now from state structures.I hope he wins as he has put 5 million dollars on Trump but chances are low from what I am seeing in the news.

Looks like He is going to lose that $5 million bets because as of now it is Biden that making way up though it is too early to predict.

people like Him must have connection in Political world to be allocating that huge Bet in a single time as election for presidential.


This is the most awaited part of gambling world now,If he is going to take home the win or letting that 5 million out of his pocket.

That is a huge amount.

Never thought that people are actually betting on this. I don't know how big some people bet on some online casinos using their cryptocurrencies and the biggest I knew is someone betting number of arcanas in some Dota 2 betting site.

Yep, but it would be too comfortable if the election said will become manipulated. No one will risk that huge amount even you are a millionaire. Unless you don't satisfy with your money. Trump is an influential person and he can wipe out his opponents in election. However, it would be also a 50/50 chance since there are citizens who don't like his governance.

why do you think that Biden is going to win, at the moment, it is a tight race, and Trump is closer to a win, than Biden
yeah, Biden leads at the moment, with more electoral votes already won, but all the undecided states are on Trump side at the moment, except for Nevada, and even quote on Trump, where possible still to bet, is going down, so maybe he can cash-out with a win right now

oh i didnt knew that other country have a different form of voting in politics but what exactly per state voting mean ? individuals will still vote and it will be gathered and submitted on the main counter ? i dont think this can affect the predictability of the voting but unless if the candidates are really solid or well known enough for thier kind of works . with the amount that he used in betting , he looks so confident and you could be right that he has a guide .

oh it is ? it could be because i often see u.s election only and not by other country but i didnt knew that theres really no politic gambling catered on other countries . they didnt made one because it will be hard to bet if that happen .

Thanks for the link.

Way back to the actual topic I think the bettor is looking for a slide win even though he knew the odds isn't favor on Trump and this time Biden still on the lead. Well, it's not that I am the one to loss here but I think that's a risky bet but if Trump won since it haven't decided yet that will be huge win on his/her side.

Might be but I think it's too early to say since there are states that are still reporting the votes and we might not know who is the one leading in it. The lead isn't that huge to be honest.

It's likely he saw the same pattern as the 2016 presidential election, so he decided to bet on Trump (or maybe he was just a true Trump supporter). The wager was enormous, but if Trump comes out as the winner, then this person will get 15M.

The closer to the election day, more and more people are betting on Trump and supporting Trump, even though the pattern is the same as the 2016 election but it does not mean it will produce the same results.

Checking the stat it's a close fight but we'll know the results within 24 hours, the bet is the biggest I've known and only a high roller will bet such a huge amount, honestly, I don't care who wins the election but this thread excites me because of the wager, I think it's a record-breaking one and can be listed or included in one of the thread about the amazing facts about gambling, good luck to the bettor I'm sure right now he is glued to the election tally.  :D

I am surprised at that gambler, yesterday upon checking some odds on U.S. Elections, it is really clear, odds are favoring Joe Biden. This gambler got a perfect time to place his/her bet on Donald Trump since if you check the odds now, it's already flipped.
All I can say is WTF, I really can't believe it. Election still not done, I am looking forward to this bet!

So when are the final determinants of this election in the last 24 hours?

Of course this is a lot of excitement because the fight is very tight they make a big bet in this election who will win the two true supporters will definitely their confidence with the win, even I see magazines outside with sizable stakes in this election the amount of $ 10k in the bet.

Rest assured this is a hot election where both candidates are equally strong in the vote.

Props to that man for betting on Trump even though most public sentiments are favoring Biden for its supposed approach on governance and other policies should he be elected as the next POTUS. Most swing states are in favor of Trump on recent polling counts, although certain key areas such as CA and NY were in favor of Biden, even though the GOP expected these large states with huge electoral votes to be on their side. The polls are really going head-to-head, with Pennsylvania, Georgia and Michigan receiving most of the attention recently as it could spell Trump's position to close in on Biden's current lead. Whatever the result of this election will be, props to that man going in balls deep on what might seem to be the closest presidential election since Bush and Gore in 2000.

Well people who pay close attention to detail might pick up things the media likes to ignore. I only found out last night that Biden didn't visit Florida once during the campaign - only sent Kamala and Obama. That's a complete waste of resources. I guess it was like his policy of firing 2 shot with a shotgun and hoping something sticks. Now he just kissed those 29 votes goodbye.

15 million dollars pay out if trump  wins?thats a Huge amount lol.

Wondering He is now counting His Money as Trump is closer to win the 2020 Election and taking His second term as US president.

Actually the whole gambling community are shocked about this 5million dollars bet,This is something to be recorded in history and may not happen in the next elections.

The Counting now are very close but it looks like Trump is winning.

It looks like Joe Biden is leading as of now but there's still have time this is a really huge loss if Donald Trump don't win it's $5M bet that's really huge.

The biggest bets i have seen was in stake, someone wagging a bet for 10BTC for Donald Trump to win and i have seen several users wagging over 100 ETH multiple times and sportsbet.io was offering a odds of 10x for Donal Trump to win and i am sure many have used that option as the odds were too good to neglect. The race is really close than expected even though Biden is leading at the moment Trump is not far behind.

What and where are you looking at, based on this stat which looks credible Biden is winning by a very slim margin

https://www.nytimes.com/interactive/2020/11/03/us/elections/results-president.html (https://www.nytimes.com/interactive/2020/11/03/us/elections/results-president.html)

The toss up states will play a crucial role on who is going to take this election, on states Biden expected to win narrowly Trump is getting a slice of it, 98 states remaining the next hours will be crucial if Biden maintain the leads he wins it 14 states is a huge gap.

There's a serious chance this guy might risk having a few sleepless nights. If I understood well, there's a realistic possibility that all definite results (not talking about 100% but simply irrefutable) will only be available around the weekend.

It is not surprising that such amounts are won. What you should be more concerned about is whether you will get paid if you bet or win such large amounts. You better keep it a little lower. You would only win 5 million and the bookmaker would say there was an error in the bet placed. Then your dream literally falls apart. I am curious how that exactly works, because with the elections it often seems that things go wrong because votes are not counted properly. And the USA has 330 million inhabitants, it was not just a matter of time to see who won. An extra umbrella body would still have to be called in to expose any form of abuse.

98 votes, you mean, right?

FYI, it will be hard to find a more biased source than the NY Times, who have openly pronounced their support for Biden.

I have no idea why you're saying Biden is winning, based on this stat??

If you use the vote counting bar above the US map on your link, I hope you understand that that bar says nothing about the winner, until someone gets at least 270 votes. You have to check out the results in the grey-marked states as well.

If the stat you're referring to turns out to be the end result, Trump is winning.

If this is live betting https://sportsbet.io/sports/event/squash/politics/us-presidential-election-2020/joe-biden-donald-trump-5f9fd73269cd4c0f9dd7a623

https://i.imgur.com/AEb8V1f.png

Then we can tell that Biden is leading the race now.

It's close so far, Biden is leading but we all know that there could be swing votes to favor Trump so it's not over yet. And just like the last US presidential election, it was just in the last couple of days that Trump surge ahead and upset Hillary that time. So the pattern might repeat itself again here. And for the gambler that put that $5 million bet on Trump, he can still win big here.

This is hard for me to understand. If you google "us presidential election" you would see that right now Joe Biden has 238 votes, while Donald Trump has 213. Overall statistics below shows that Joe Biden has 50% and 48.4% among total voted.

But, Trump already declared that he had won in elections and counting must be stopped. Also if you look on previous election results on wiki, it shows that Hillary Clinton has 48.2% and Donald Trump 46.1% among total voted. How can it be ??? I dont understand.

The dude has too many guts to vote and spend a huge amount of money trusting trump. I heard a lot of my friends saying their speculation that trump pushes the economy especially stocks and crypto. If he wins, we all win as we are crypto enthusiasts. That might be the reason why the dude wagered that big. All I can say, Trump's ads placement on Facebook alone was too much that it could really attract the vote of the citizens. This could already be a winning move along with his influence on businessmen and entrepreneurs.

Or he hedged this bet betting for Joe Biden at another bookmaker ;)
You are wrong claiming political bets are only available in USA, I know there was a bets for Polish presidential election so I assume it should appear in many countries.\\



They have electoral voting system.

In this elections everything will be unclear and unknown until the very end. As for now it looks very tight run and everything is still possible.
Anyway, that was a very risky and brave bet, personally I wouldn't dare to do something like that. It would be very interesting to see the final outcome.
There are always bets on elections in many countries, it was also available in mine for the last elections but this is just not my cup of tea.

I was monitoring the election hours ago and I can say that it's really a close one. I'm not really into political betting and I can't say who might win since I'm just basing on the live statistic and since it's close, results can still change. For that person who bet such a huge amount of money, that is really something. I guess he's confident enough that Trump will win the 2020 election because he spends $5M to vote for Trump. If Biden wins, it's a big loss, but if Trump wins, then he will earn a lot, now I'm more interested in his reaction after the result came out.

In the early rounds, Trump is very confident about winning the presidential election for the next year because some time ago I read that Trump will do whatever it takes to make himself win in this election, so it's likely that Trump has prepared several strategies that will make him win, even though Joe Biden is currently in first place and hopefully this will not be the final result of the presidential election, because if this is the final judgment then the one who bet $ 5 million will lose a lot of money.

Yes, he was convinced he was going to win. That has only been to win votes to show his decisiveness to the public. I think he would know from the start that he is not going to win this anymore.
What an annoying man, by the way, that Trump.

It's part of consequences for betting on trump so it's either he will bag happily with his winnings or cry out loud for being a loser with trump.

But I think that amount is what the bettor can afford to lose since there's no insane guy will place all of his wealth for betting on a candidate which have 50-50 chances.

That's huge indeed as there are people / gamblers who do believe that things can be flipped along the way.

In most survey Biden really leading and from that media exposures he should be winning landslide now, but comes the election day things still close and Trump still can snatch this same with how he snatched it from Hillary the first time he run for the office, though Biden still in lead who still can't tell what is the fate of this $5M bet.

Trump is very confident that he is going to win I just saw on my Facebook feeds that he sounds like he is winning when in fact the stats says otherwise he is being trailed by 13 to 14 states this is not a small gap and if this continues with 97 States to go we will see a new US President on Biden, I hope Trump can take the lost, he is over confident.

It would certainly take more than some hours now. Trump was having a lead on the important states and was moving towards a win but Biden had caught him up in Michigan. And as they say, Biden have more of those vote by mail so a narrow margin means good sign for Biden as the postal votes are counted last. And Trump has claimed he's not going to accept the result and would probably go to court. Which would stay order the results.

Am afraid about this bet right now because the election according to CNN is in favor of Trump opponent, hope this gambler understand the huge negative impact this will cause the families if eventually Trump fail to win the elections. Though Trump confidence gave me some reasons to believe he will win but on the news is on the favor of his opponent. How about the rigging which is likely to happen, he should have put this into consideration before placed such huge amount.

well the competition is so tight that all today's gamblers can't cover the results that can be viewed online, the presidential election is really thrilling and has a lot of drama, I can't imagine how depressed it is to bet so much money and the choice is not be a winner.

That is a huge bet and taking into account the election in the US is going to be contested and even get to the US supreme court I do not know when he will have a chance to see his profits if any, Biden is currently leading the electoral vote but Trump is leading on several swing states and if he can keep the advantage then he will be reelected as the US president but I am sure that no matter the results there are going to be lawsuits and it is going to take weeks or months before we are actually completely sure about the results.

What I find interesting is that the stock market is doing well despite the controversy but it seems this is because the US senate is still going to be dominated by the republicans and Wall Street is not expecting to see a raise in taxes and they are happy with that enough to make the market grow for now.

Trump is to confident that he will the election that he will not accept defeat Biden should win magnanimously so he can shut down Trump, this is a very close fight and the swing states will be the deciding factor based on what I'm seeing here Biden is winning

US ELECTION RESULTS (https://www.nytimes.com/interactive/2020/11/03/us/elections/results-president.html)

But let's see after the votes from swing states comes but from what I've seen Biden will eventually win and the guy will lose his $15 million chance.

That was a great donation from that citizen, i'm sure every worker and even the CEO of the bookmaker will be forever grateful for such a thoughtful, generous donation.

All jokes aside, I feel like bookies should VVIP status to these type of donations/losing bettors, just to soften the devastating blow, yeah? 😂😭🤣 but that was probably a whale and 5 million is just pocket money for this person, who knows, maybe that wager was just a week of profits. Also, i wonder if this person placed a hedge on Biden to win, if they were smart they probably did given the massive swings in the odds

Not happening. First of all, I think that Biden is going to win, so I'm sorry that such a huge bet is going to be wasted. However, I admit that it's still too early to say. Which brings me to the second point, related to the phrase I marked in bold. In the US, the elections don't work like they do in almost all other countries. A candidate can lose the popular vote, but become the President because of the electoral college system. And thus in many countries it's fairly certain who's going to be the President based on the exit polls, for instance (this is the case in my country), because these can predict with high accuracy who wins the popular vote. But it's different in the US, and the votes gotta be counted, and the electorals gotta vote before you can really know. Not to mention that the win is sometimes by a very low margin. Adding to this the fact that more people than ever voted by mail this year, and their votes will take more time to be counted, I think it's not realistic that the results will be available today or tomorrow. It's more like a matter of a week or two, realistically speaking.
I also placed a bet on the elections (not a big one), and I'm also wondering when will the bet be settled (based on the total vote count or the likeliest winner at some point).

As of now, votes in 41 states out of 50 states has be counted, and Biden is still leading. Out of 270 points needed to win, Biden at 224 while Trump at 213. The election has seemed unpredicted right from the start, and who to win is not yet known. But, with the look of things, likely Biden could win but still unknown for now.

I agree. The possibilities are equal for each candidate. Both of them have performed very well. Its still a mystery to me that people have waited until this day to make a bet on Trump which makes the house decrease the odd sharply.

This is a tough year since there is a delay during the election so that we can not see who will be the next president today. I don't know how long we have to wait. I'm so excited about this event and I'm impatient to know who will be the next most powerful man on the Earth

Biden is winning the margin is getting wide Biden now has the most number of votes than any President in the history, if the trend will not change Biden will become the next president of US.

For an updated and fresh news about the US election check this Facebook page

 https://www.facebook.com/NowThisPolitics/videos/1024289564662985 (https://www.facebook.com/NowThisPolitics/videos/1024289564662985)

In general?

---

It seems many has been expecting Trump will win (including me -  got my bet on him on exbet  LoL)
In my own perception this might be like the past election... where it has been fairly cooked IMO.

Aaand it is probably gone.

You cannot win when the game is rigged.

130k+ ballots for Biden in Wisconsin&Michiganand not even 1 for Trump?

There will be some serious shit after this. I hope you all have your guns and ammo ready.


https://pbs.twimg.com/media/El-4WeYVMAAlhtv?format=jpg&name=large

https://pbs.twimg.com/media/El-4WeYVoAAiPxW?format=jpg&name=large

In my opinion, this is a coup.

You cant tell because there are people who would really make out those all-in bets when it comes to their assets and all financial.I dont know what kind of mindset do someone had but
its plausible for such actions $5M bet? thats totally a huge bet and for sure that guy is on cold sweat at the moment yet Biden is on lead and the counting is still on.

With that kind of big amount bet then you'll surely have the chills when seeing that the opponent is leading even with that 1% but well its too early to conclude but
im presuming that Biden would really get this one.

Good luck to that bettor who did really make that huge bet on Trump and of course this man isnt really just a typical or ordinary man.  :D

Haha of course in general. You can expect too much from them. Each has his own paths and definitely, they will control the world for the next 4 years. No matter what the result is, I strongly believe that the next president will change the world with his own will.

Speaking personally, Trump is my choice. And also, I don't like being waited for such a big event like this. Although this does not violate the rule, they must do something to finish calculating votes.

Seeing that spike then i can say that there would be some huge problem afterwards if Biden would take the spot.. I feel sorry for the $5M bet though.
Im not really that interested when it comes to politics but just like on the past about picking up some presidential bets i do able to win up when Trump
do nail it but i doubt that he would able to extent out his position.

That's a big wow for this gambler upon making $5m just for Trump, but what's gonna happen when his president bet won't able to make it in the end? This is really a problematic scenario if it will be a frustrating situation for him. Imagining that huge amount betting for just one glance of win or loss, I think the nightmare might affect him at worst. However, when Trump comes out as winner then celebration is on its way for him tremendously.

That'sa huge bet,

Who would have thought that there is someone who will wager a huge amount like that. Trump is not in a good position, and some says that this election is rigged so maybe that gambler will probably saying his goodbye on the money he just bet for Trump.

Based from live US election results, Biden is leading. 264 vs. 214 as we speak. This gambler will have a long day today waiting for the final tally. Biden is likely to be the new US Pres, but let's wait for the final count. That's a huge amount, hope he has other stash to live by.

Seems that Biden needs only 6 votes to acquired the Presidency, this bet is closely losing oh wow! Maybe a multi Billionaire from Trump club put this up thinking that they can repeat it again.

Though it's not done yet and possibilities of any shit that may take place along the way while the process of counting votes still ongoing.


Does he have anything else to say? ::) :P Kidding aside but there are really billionaires who can waste up money that easily.

I am still waiting for the election result and as far as i know Joe Biden and Donald Trump votes were closed with such a 6 votes away from each other. I am thinking what does a British gambler do feel right now that he was watching news announcing election votes tally which Biden were on top, but until the counting of votes didn't finished still the bettor has still a chanced if ever. $5 million was a huge amount of bet and this was also a huge lose of him but if he was a multi millionaire this lose may not affect him much.

@slapper I feel that this banker truly believes in the proverb that higher the risk, higher will be the reward and that’s why he decided to wager such a huge amount on Trump. Also at this stage it looks like Biden is almost close to winning, and it seems to me that’s he going to take a massive loss due to Trump inability to win this election.

https://i.postimg.cc/13Cvy05G/AE0927-BD-30-B9-48-B8-A97-F-BAB3-BAC0-BD8-E.jpg

Source:

https://apnews.com/article/presidency-battleground-states-races-84ba06c8d2dd3c16434f0b9a852a5d17

As I do a quick search in google searching "Us presidential election update", it appears that Biden is winning the electoral votes against Trump 264-214.
Also take note that in order to win, you must reach 270 electoral votes so Biden is 6 away from getting the President spot.

I like the braveness of the gambler to go all in on Trump :D. Maybe he did this because he has an insider or its just that he is just an aggressive gambler. Right now, I'm more curious about what he is feeling right now that the person he put his money with is losing as of this moment.

I guess the question has been answered as Biden having 264 electoral Votes while trump only having 214.
this closer to the finale as the needed electoral votes is 270 to win i guess?

Anyway it is about the bettor who will be losing that $5million and a Lesson to be learn,that Never Bet too huge in gambling.
Specially in presidential election lol.

Same as i check now it looks like Biden is going to win and the Subject might Lose that 5$ million.though there is a news that the counting has been paused,Don't know if that is true as Trump is going to court to file a protest regarding the Mail Votes?please correct me if this is wrong.
At least now we can check if he is really brave or a loser as Biden seems to be winning now.
If He is insider then he Surely Know what he is doing and this means a mistake because if Biden truly wins here then all hes resources inside are wrong in their reports.

That amount placed by the bettor is very outrageous, the chances of Biden winning this election is becoming brighter, gradually and steadily 264 to 214 electoral votes is quite a wide gap except a miracle happens the election results is tilting towards Biden, the bettor had took a huge risk bet that does not worth not it at all, such a bet can bankrupt any individual and my lead to depression.
 The lesson learnt here is bet with the amount of money you can afford to lose, who knows if the bettor had only placed the bet based on the above assumption? .

This is why people commit suicide after election and the new will be like he died for trump not knowing they have gambled heavily on it. That's such a great risk anyway, and by now he should be knowing where he belongs, though the game is not over until it is declared . Some people are just so crazily lost for others at the detriment of themselves. I trust the person is a very rich person who has far more than he has bet with anyway. I stand for whosoever wins, if trump doesn't win this time he won before and you can never keep winning in this game.

I hope this bettor is alright if indeed Trump would really loss in the election, it's a huge amount but I'm hoping he is not betting his life savings and he can afford what he would lose, this is life, we gamble big for big reward, it's fair, isn't it?

Well, I guess he is at least a millionaire or even a billionaire. And I believe he can afford that huge loss. The chance is 50/50, right? If he wins, he can receive more than 10 million and that's worth trying. People can have fun when they have earned a lot of money

But as far as I am concerned, there are 6 votes left so as for Biden to officially become the next president. And because it does not finish yet, we cant make a clear statement about the result. Everything can change in a single day. Nevada State can suddenly have a higher Trump vote in the few next hours.

He is a fool if he bet everything here, but nice try on his part, I'm not concern about Trump he is still a billionaire and he has his chance but I would like to know if the guy who bet for Trump to win the election is ok because he that Trump will win of course they will declare and say that Trump will win why asked the insiders of a presidential camp, it should be on an independent camp.

I guess Trump's confidence is not enough because Biden is leading and it looks like Trump will likely lose this election since Biden only needs 6 electoral votes. I wonder what this gambler is feeling right now while monitoring the live results? Was he able to fall asleep knowing that he'll likely lose that $5M bet? Although this guy is probably rich af to bet such a huge amount of money, it's still a big loss.

not sure if billionaire but he can be closer to that because he can afford betting millions . not all gamblers that bet high can afford to loose but if the guy has been gambling millions before he surely can afford to loose an amount like this  . as per the chance of winning , the said odds was said to be 37/20 . thats not a 50 percent chance
because the odds for 50 percent chance are only 2  .

thanks for that mini update in regards with the voting , that  looks a tough game for the candidate and to the bettors especially to this guy that bet 5m.

Poor guy, that bet will probably hunt his days and nights! If the game was rigged it will hunt him even more: losing $5M due to some fraud must be so painful. But if he can bet so much money on a single bet he must have way more than that.

For sure his trembling out of his pants now since imagine how big the losses he got for the result nearly ending up. And for sure he's started to cry for believing that he can earn millions for believing that trump will win. But it's still a good try for him since imagine also if he win for sure a party will go on but sadly that's not gonna happen today.

I hope it does not hunt him, what if he is so rich like Floyd Mayweather who can put millions in his bet and then just forget it as he can make easy money. We never know what the financial capacity of each bettors but a better risking this huge money, we know he has the capacity.

Sincerely, nothing is 'likely' here becasue Biden is almost there to be declare winner in the ongoing US election. The high stake from England just remind me that, addiction is real for some gamblers, how could you stake such high odds for just a President that doesn't care or care-less for his citizens, what about black lives matters?. The staker of this bet should have known better.

It's true. 5 million dollars is a huge amount of money for most people, but I hope it's not an "all-in" bet for the person who chose Trump. After all, Trump was losing according to the polls prior to the election, and Trump is clearly losing the elections now (even though hypothetically there's still a chance of Trump winning, but this chance is getting smaller and smaller). Maybe this person made the bet for hype and perhaps to show others how much he believed in Trump (to encourage US citizens to vote for Trump). How big is the bet is a relative question, and there are definitely people for whom $5 million is not a big deal.

Such huge amount wasted for nothing.
But it is his money, and he bet for his personal satisfaction.
If he can afford to spend that amount, then more than likely he can very well afford such kind of lifestyle.
For a lot of us here, it will take so many years for us to earn that amount.

Surely he has. No doubt about that. I bet $5 million is less than 10% of all his savings, given that he's a former banker.

If Trump isn't winning, I'm going to lose my $8, which I bet on him, in total, on 2 different platforms, and some people from this forum are going to win their bets. But I'm pretty sure this guy will still be heavy loaded, even after losing $5 million, compared to most of us here. :)

For sure He is because there is no person unless he is out of Mind to bet 5 million dollars when he cannot afford losing it?

or maybe this person is a Billionaire thats why only us here who can't move on with the losses while he as the bettor is just fine and drinking His expensive Wine now while waiting for the final result?
but still 5 million is 5 million lol.

That's why we called it a gambling because we don't know the result, we are just predicting and then we put our bet based on our prediction.

What would people think now if Trump is winning the election? Could be the opposite which is praising the bettor for his big winning, right?

For sure he is willing to gambler his $5 million, for all we we know, this is not the first time he has gamble huge amount of money in sports or US elections. Or maybe, he had won betting on Trump in 2016. I guess he will take this loss in stride, and could go back betting again on any other sports to at least recoup some of the money he lost on Trump in this election.

Just wow, that's insane. Why would someone bet auch an amount on 1 bet alone? This is the perfect example in my opinion why it would be better to spread large bets across different bets to decrease risk. Imagine that guy had done 5 times a 1 million bet. His chances would have been much higher to not lose it all. Let's hope he has a nice salary and can atleast get tax credits for his loss.

We don't know what is his capabilities but the fact is he lose millions for a single bet for sure he will sleepless for so many days. And provably he won for the past election when betting trump but sadly these time he's luck didn't and now he ends up crying with trump with this losses.

That stake is so huge! $5M on a political bet well, not just any states political bet but, American politics, theost debated and watched out for. It's not surprising people of the world are making bets on the politics of the world power country. It's just amazing how much people have to spare because, before you can make such bets, your sure to be a billionaire.
That must be president Trump's biggest fan and when he gets the news that such a bet was placed on him to win, his going to be socked as to how someone could believe so much in his political ambition and should he win finally, that bettor could be recognized!

Before we go further, this is from the OP https://www.foxbusiness.com/lifestyle/british-gambler-bets-5-million-on-trump-in-biggest-ever-political-wager


This would be remembered as it's the biggest bet in political gambling and the gambler was a former banker, so we can't say he does not think, for sure he made a good analysis before he came up with the decision to bet on Trump, why I'd say that? because he is a banker.

Well, he still can't accept the reality that Biden is leading and that he'll probably lose. You can see on Trump's recent tweets that he thinks there's election fraud. However, Twitter is censoring some of his tweets saying that the contents might be disputed and misleading probably because of his claim with no basis. But let's see, what will be his action after this.

The one who made this huge bet probably spend his day preparing and accepting his $5M loss.

The votes were too close but gamblers should accept the result as what voters  will need to do, There are many factors that affect the voting and Bidwen closed be announced as the new president , the bet price risked were too high but think of it ever reciprocal happens, we really experience lose in gambling especially in betiing.

Yeah maybe he has more than this thats why He can just risk and lose that $5 million.
The highest record in gambling history for a single Bet and a very controversial as well because it looks like a total failure now as Biden is closer to take the position.
But if trump wins but now that Trump seems to be living the whitehouse now?hope that being fanatic will bring him another fortune in Biden's administration.

I was just thinking about how a smart bet would be Trump to lose placed about 3 years ago, might have been good odds but to place Trump now and while knowing how the layers of various votes could largely alter initial perceptions and result counts even does not seem best.    Maybe it was a tax write off in some way, not sure thats possible or maybe he is just seriously jumping the gun on his bets.   Cant figure out how this was a clever strategy to bet, just seem impulsive and a mistake and Im not just saying that because now we know better.    
   If Trump won Arizona or a significant marginal state then the bet could have made sense, it would have been a large indicator in the early stages but I saw no sign of that and didnt think Trump had this.   This dude was misguided unfortunately.

There's nothing wrong for anyone to be over confidence in this case of US Presidential election but, for a gambler to stake $5M for a bet on Trump to win amazes me. Sometimes i wonder if these guys are real or just fake, becasue the effect of the pandemic is still be felt around the globe and someone just made a bet on what might not be successful. Come-on, let wake up and learn financial risk management.

Well, Biden vs Trump was tight, and he was leading before the counting "time out."
With all the huge rallies and excitement, I think he will win as well. But gambling is gambling. Someday you lose, someday you win.
If I had 100x net worth ($500M), I'd probably did the same thing.

People with HUGE bankrolls have different perspective than small time casual gamblers. I suppose he didn't bet that blindly. Most US Presidents are re-elected for a second term so the odds for Trump winning is also there. How would you spread your bet when there are only two candidates to choose from and there can only be one winner?

Actually both sides are declaring their own victory now lol.
Biden can still win and so do with trump he can still win despite high odds on trump currently @4.5
As we can see yesterday trump odds was as low as @1.6 and things changed quickly , it shows how this election are so unpredictable.
264 electoral for biden , 7 left and biden up for the us throne. Crazy 5 million dollar bet and it is sad to see the fact that it is almost over and the bet will settled as lost, heavy and tough lost.

I'm sure he has a good job to make a $ 5 million bet...
By now a quick count has won Biden, and I wonder how he feels when he finds out that his money has almost flown. :D

He is rich. So i guess he does not feel anything. To rich people, gambling is sort of entertainment, unless you make money daily with this game of luck.

---

Up to now, there is no clear result yet. It has been more than 2 days already and I does not expect this outcome. So fascinating about what is going currently. Everything is stil obscured even though Biden has only 6 votes left. Some sources (such as cnn) has claimed that the situation in Arizona have not finished yet and there is still a chance for trump in this state. Votes are being counted right now. No precise prediction can be made here. And this bettor still has a chance to win more than $11M

Lets wait for the final result. Bring out your beer for this exciting event

I know quite a few people who lost money last election as here in the United States many thought that Donald Trump had absolutely no shot back in 2016.  I myself put a few bucks on Hilary, but my confidence was certainly sky high. This is one heck of a gambling loss here lol.

Yeah, I do feel involved in this bet with this kind of money they put into. It feels like I would personally lose a lot of money just by thinking of this man's bet. I do not personally care whoever wins between Trump or Biden, But I would like to know as soon as possible whoever would win. Cause I wanna take part of this hype. His bet aside, Whoever bet at the other end must have gotten in the same situation, no matter how big their bet is, they would still feel the intimidation of someone betting this big.

I will look for the result of this election, that is a really huge amount of bet, I wonder how he got that confident to bet $5million for this election, I am hoping that there is no source from anyone about the winner of the election. I can't imagine myself spending a huge amount of money on betting, even though I will have a huge amount of money in the future, I won't take $5million to risk.
Maybe if he will win on that bet, I will follow his betting side.
That is a good move mate, if you don't have any idea who to bet then you may do copying the bet of a popular person or following a person who bet a huge amount of money.

It is really a huge bet and it looks like he will lose his $5M.  ;D I don't think that it will be a devastating loss for that gambler, but it is really unbelievable. I would never make a bet like this even I become a billionaire. Because there will be no reason for me to bet with even a small amount then.

Wow that's really a huge bet but it seems like the odds are not in his favor. But I guess he would be definitely having that risk taking capability to bet such huge amount.
As per the current status the Biden seems to have higher number of Votes. It would be a thrill to see the final results soon.
This bet has made it in the news and has grabbed many people's attention.

People on this world had different financial capability and you cant say that you wont make those big bets if you are that rich enough to do so.
We do have different interests and things that can really entertain us.Majority would say that $5M bet is totally out of this world and thinking up
that he's crazy but we dont know that those amounts is the money that he can afford to lose so its not really in our business on how much
he would spend on said election.For now the counting is still continuing but basing of on the current run then it seems that he's losing it.
I cant imagine the feeling on getting cold when you do see that other bets is winning.

impressive bet for sure and I guess he has a very good reason to place so much money in just one bet!
what I am asking is why it become public. since the gambler is anonymous why share it?

I have won some Italian politics gambling in the past. It was easy with discrete odds (up to @2.80)
The winner has been always "Other option" since it's from 3 governments we haven't voted directly the Prime Minister.

i guess the bettor would lose a $5M for voting Trump, looking at the current status of the election we can see that Biden got more votes than Trump. that's really a huge bet though he must be really rich to take risk that $5M bet to Trump.

Thats a hell of a bet he’s probably don’t care if he win or lose that bet, but I’ve never seem such huge amount of political bet before. Crypto gambling platform are not even close to this but who would dare anyway I believe only multi millionaire or billionaire would cast that crazy bet.

He should be facing some problem right now as I can see that Joe Biden is in the lead as of this moment base on the latest US election result.

I guess he can afford to loss that amount of money as he risk it in betting for Donald Trump to win though the election is not yet  finish but he is in disadvantage as of this moment and his $5 million dollar bet is in danger to loss.

You would really be having some sweating balls right now since Biden is on the lead.


https://i.imgur.com/C6ou02n.png

Right. Even losing the said amount, I think that gambler will soon move on. That gambler won't just insanely bet that crazy amount if he doesn't understand that there's might a chance he will lose it. He accepts that and considers that as a loss already to minimize the pain of losing.

We can't understand his feelings since we don't have the guts to even bet at $1,000 at minimum.

Let's see if there's an update on that gambler if ever his bet will lose, which is likely now to happen.

If he can throw such amount for election result no doubts he have  lots of money. It's almost over as Biden is really close being declared as the new

leader, maybe that gambler already knows the possible outcome and accept it.  Gambler like him will move forward knowing that luck may not be

on he's side on this one.

Politics always become a very interesting sector for gambling. there will be big parties that are involved in that gambling, betting for higher and higher numbers for their favorite candidate's winning.
But, 5M is very high, isn't it? or, it is something that is normal for the rich man?  ;D ;D

And about the election, we can really enjoy this not as the politics bit for the gambling, drama, and also other condition related to this. And after the election, we can also see how it will give impact the crypto world (this is most important  ;))

And actually, I personally cannot judge if he loses his betting, what will happen to him. Probably he is ready for it and not even mind about it. Or probably he is totally sure that his candidate will win absolutely. Let's see

Looking to the possible result of this election, I'm the one that's nervous for him. Watching people to gamble with such amounts sure is an entertaining thing. I can't do such but if they can do it, for sure, they are aware of what they do. $1m, $5m and maybe with another event, we see rich people betting more than that. Just a few more counts if not, we'll see it up to the courts for the recount. We can understand a gambler's feeling and this could also be the bet of his life.

and based from the article, he wen all-in. so i dont know what exactly they mean about that. "all-in" of his funds or what? because if he bet all his savings, dont think he will be sleeping in the next few days. but wishing that he will win in some miraculously circumstances.

if he will lose his entire life savings. guess, what his biggest lesson in life here!

Ahh man, I cannot imagine what would happen if he lost this bet. To be honest, I am just amazed on how he managed to build and create this kind of bet especially that the odds are relatively against him. Well if he managed to create a $5 million dollar bet, he definitely has a rich lifestyle and such money affects him relatively low.


I would not call him crazy but he is on the borderline of being crazy. I mean, betting $5 million dollars for a political election bet. He could have divided his bet in huge amounts! Regardless of the results of the election, I just wish the best for him.

I guess you misplaced "not" as it's a really huge amount of bet. And the article says that this is the biggest bet for politics ever been recorded. There could be some underground or any sort of rich people's club that are gambling like this but it's for the record the biggest.

The election hasn't ended yet, the 270 votes haven't met by Biden but as we see, the chance of winning the bet is at the lowest.

He hasn't claimed it but he's eager to say because he's leading.

I'm sure that british gamblers who are willing to bet that big on Trump's victory right now are definitely worried. Because based on
the information I got, Joe Biden is still ahead of Donald Trump in the meantime. If the final result doesn't change then the gamblers
actually lose $ 5M. I also bet on the election for the president of America, I bet on Joe Biden's win, even though my bet is not as big
as the British gamblers. But if I win I should be grateful, I also can't wait for the final results of the US President Election.

Maybe that person is already used to staking a decent amount like that, not just in presidential elections but on the usual gambling (maybe even a hardcore casino player too). After all, if he nailed and win it, a big winning of $15,000,000 is waiting and waving to him.

Crazy bet to others but we can just say this because we can't afford to bet that amount. In a case of loss, there will be frustration but I think that gambler can handle the after effect.

As of the current unofficial tally, Biden was in lead. Surely, that gambler is so busy monitoring the tally since it commence.

The more he monitors the more he will feel the pressure as Biden is currently on the lead, I hope he is okay after the winner is proclaim.

If I'm in his position, I would just relax and wait for the result because I can't take the pressure seeing my bet is going to shrink soon.

Not if he has tons of money inside His pocket,for sure He just drinking aged wine while relaxing.
There is no pressure for richest people in which i'm surely he belongs because there is no one will bet 5million bucks if that amount is His total asset.

The pressure is high and Biden is leading even though it is a really tight competition and the moment Donald Trump started accusing the election and he said about approaching the supreme court i knew even Donald Trump knew he will not win and Biden could win by a slight margin and hence i placed a bet on Biden at 1.14 and hopefully we will not see any magic returns.

If i am in his position i will try to cash out if it is even possible  :D.

Damn dude, $5 m it's ain't a joke.
And the current position is losing .. honestly I'm not familiar with the us electoral college system, with biden now on the lead by 264 electoral from the 270 needed to win , does this mean the election is over? Or is there any chance for trump to overtake this situation?

Well if it was $5m out of his $500 million wealth i guess it's just yet another bad day and moving on  :D

I think this British gambler gambles his money for fun because he obviously gave away all of his money that he made a huge risk by betting $5M for Donald Trump. But if I were him, I wouldn't bet on Donald Trump because Trump is currently out of the lead from Joe Biden. Also, many people in the US already had enough of Trump because he didn't make a good plan to solve the corona crisis in America.

If I where that guy I would be trembling right now for real. Biden is up in electoral votes by 50 and 3,863,172 people votes. Just 6 more electoral votes and Biden has done it. But thinking that he was able to wagered that sum of money I'm sure he knows the risk and he is willing and ready to lose that money.

It feels like "counting your chickens before they've hatched" to say anything about this, because the results are still so close. You should only ever bet what you can afford to lose and presumably this guy wouldn't miss $5 million from his bank account. If that is all his money, then he has been incredibly reckless and must be all kinds of stressed right now. I think with the last Presidential election, where Trump won more electoral votes but lost the popular vote shows that there is a very fine line between winning and disaster for this bet. While they have turned out to be garbage, all the polls were consistently against Trump, which is probably what gave him such good odds - but they might actually turn out to be correct.

Finally, it has been done with excitement. I was waiting for this long ago. Congratulations to the bettor who win this big amount, really it's huge. I don't familiar with this type of election betting. If I were the bettor who wins such an amount then I don't know what I will do after getting this. :D

What are you waiting for ;) ?
He is losing. Actually Biden is on advantage respect Trump and probably he is going to win the election. 
However the anonymous gambler has just made a bet, topic of discussion is not related any big win ;D .

Guys, who else is sick of seeing these numbers:

https://i.imgur.com/lnY6QIn.png

It has been like this for almost 2 days already!

I don't want to waste my time on researching about what's going there, but I feel like something is wrong with the counting.

I mean, imo, this British gambler can still win huge money instead of losing his $5 million.

Exactly. As they say, "it ain't over until the fat lady sings". When the counting ends and the possible following lawsuits are settled, then we'll know the winner.
Until then all we have is speculation. I have the feeling Biden wins, not because of the news, instead because of growing despair in Trump's tweets. But that means nothing. Let's wait until it ends.

Regarding the bolded part you will be surprised to see there is someone ( so damn rich or  crazy or likely both) lately betting up to 321 BTC at a time on Bustabit crash game in a matter of seconds. Can't imagine the heartbeat lol

I doubt bustabit would not limit that, it's a very huge bet, are they really taking that big. Crash game is different from sports betting or politics betting as the house itself are taking the bets, while in sports betting, house take but they have a good action on both sides.

There's a huge bet going for this presidential race as it's the most safe from manipulation compared to sports where fix is possible, so that $5 million though big in our eyes but compared to the overall bet, it's just a small percentage.

Does the election done already I mean there's an official result now? It looks like the player lose his $5M i've seen on google that Joe Biden has more votes than Trump isn't?

I search on google now, and it's the live result.

https://i.imgur.com/yRkOCz0.png

As you can see, Biden is already in the lead, the election is not over since AFAIK, they will race to 270 and Biden is already far ahead, no way Trump would pull a miracle here, which means, that $5 million bet is gone.

What do you mean something is wrong. Do you mean they counted wrong and Trump should be in the lead? Or it should be already be over?

The problem with the last few states is that had a lot of mail in votes that were only to be counted after election day.

But this election is pretty much over, Biden is currently in the lead in Georgia. He only needs one more state in it's done.

RIP 5 Million.

This has been the News since last night but nothing is changing until now,there is only 6 Electoral Vote Biden need to become the new President of US.

but i think trump is not convinced about the result as He is questioning the Mail votes?
Actually That bettors i believe accepted already His faith on this Bet and surely accepted the result as Biden is going to be the winner in the end of the day.

Nevada officials announced on Wednesday (https://www.euronews.com/2020/11/06/debunked-nevada-did-not-stop-counting-ballots-overnight-thecube) that they would not be providing election results updates until Thursday morning.

https://twitter.com/NVElect/status/1323939477060943877

The last tally was November 5. We can expect updates today or tomorrow unless Trump's camp makes way to stop the counting to give room for investigating the irregularities which likely won't happen.

There's nothing he can do but making up those baseless accusations about that "iilegal votes" did came in and he was cheated and whatsoever reason he had been throwing.
Basing on numbers then its clear as day on what would be the outcome of this election.These ruckus is just really making up some noise to possible on making some delays
but theyre fighting on something which isnt really true.They cant force on things that they had in mind.So its better to accept the defeat and just keep silent.  :D

Republican likes to complain about the result. But that makes sense. They have brought many proofs that the calculating is currently wrong and many votes are fake and created in order to enhance the number of Biden votes. Trump is doing his best to stop the counting and sue many states which confirm the victory of Biden. I just hope that they will find something out over this recalculating which can change the whole situation. Moreover, news from AP and Fox makes the false statement about the winner in Arizona even though there are more than 300000 votes left

---

He has accepted the risk, IMO. No one wants to throw their money over the window. This guy has his own fate and he is also wealthy. He will soon overcome his loss

Actually, it wasn't baseless but their accusations have solid proofs that is why they are crying to death to stop the counting in the meantime.

But I doubt it will be granted. For me, let Biden wins as he clearly winning in numbers then just investigate later.

I'm sure if those complaints were proven to be true 100%, Biden won't think twice of stepping down. But that investigation shouldn't be prioritized and just be a man to accept the loss.

There were no proofs in the first place.

Here's some worth to read on.
https://www.washingtonpost.com/politics/2020/11/05/president-trumps-false-claims-vote-fraud-chronology/
https://news.yahoo.com/here-are-all-the-stories-trump-has-cited-as-evidence-of-a-rigged-election-155551232.html

I agree on the fact that its impossible to rig out a presidential election but lets see on what would happen next.

Yup. He did an all-in. I think that's his savings, the article should be more precise with the description but it is what it is the meaning of it. The possible win of $15m is what makes him eager to win. And even us if we are betting and we have an idea how much we're about to win, we're only looking at the figures and not with the possible lose that we get. As the article says, they have depended on the past election so he have thought that it could be the same win of Trump just like the past election.

This is also the one I got from another site

https://i.ibb.co/pRpySy5/Capture1.png (https://ibb.co/X3T8q8M)

Source: https://ig.ft.com/us-election-2020/#:~:text=With%20weeks%20to%20go%20before%20the%20US%20presidential,2016%2C%20Mr%20Biden%20leads%20by%205%20and%20

Seems like Biden will be the one to take the presidential position,... and it seems my bet's for trump will gonna lose  :-\ :'(

Just like the usual gambling, he used the previous election as his reference. He actually even sees that Trump has the edge so he bet on it without a doubt.

This type of gambler, that can afford to lose such amount is already a professional on this industry. While counting of votes slow down, I think he is now preparing for his possible loss. There's a big pain but this gambler will not bet a big amount without a stable and big business as his source of income.

Not only him but referencing the article, there are a lot of them. The result of his bet is much more interesting to see. Whether he wins $15M or he losses $5M.
Whichever the result, I think any of those media that have covered his bet should also cover him again after the presidential election. They should give him an interview, I think that's a good exposure for him if it's possible to happen and get an insight what he was thinking when he made that big bet and what are the next steps he plans to do.

I can only imagine how this guy is feeling. It has been a roller coaster ride with the balance steadily shifting away from Trump and then it seemed like he could pull it off in a few states only to have it continue to slip away every time they release new data.

If he has millions to spend on betting on an election then he must be a very wealthy person so it is likely that he will rocover. I would advise him to invest in bitcoin because with the value rising he will recover his losses sooner.

In the future bigger bets will going to happen in cryptocurrency by being anoynymous betters can enjoy this feature and will not getting caught too if it will be organized. I do believe that cryptocurrency will have a better chance to become way in betting rather than the usual form of betting where you need to disclose your details and that might be troublesome when betting. In cryptocurrency, everything will be good and that I believe bitcoin can play a big role in this.

Right, just like when we have bets on our favourite team, when we are about to go and take the lead, suddenly the other made a goal separating the score again, ouch.


Definitely, this guy has some deep pockets to put a $5m bet on Trump. He could recoup it , for sure, investments or gambling platforms.

I mean, it should be already over. I just read on BBC that is "the longest delay to a presidential election result in 20 years." (https://www.bbc.com/news/election-us-2020-54851242) And this is happening when technologies have advanced like never before, which should have caused faster counting, no?


I wouldn't jump to that conclusion. Yes, Biden has more chances to win the election, but it's not settled yet.

Not necessarily, maybe he put his lifetime savings on Trump winning the elections.Hardcore gamblers tend to do crazy stuff.I mean,of course you have to be millionaire in order to bet millions,but still if he invested lets say half of his fortune on Trump,this will hurt him,badly.

I agree with latter part,that it would be much better if he invested in BTC as that is sure winning bet,you cant loose in the long run.

I'm sure he is a big-time gambler to be able to up that big amount, it's his choice anyway but it's something that people will talk about because not everybody can up that big amount, just to bet for Trump when his chances are 50/50, let's admit there are still who don't like his leadership because he is quite arrogant in dealing with some issues.

He sure is a big-time gambler.

Not just that but for sure he is also a supporter of Trump. I don't think he would just put that huge money into that without anything to back his confidence up. I've been watching some videos like Trump saying that if he loses, he will not be accepting it and it would be one of the most rigged elections that happened. Maybe that is one of that reasons why he put that money on Trump.

Lol even a Hardcore gambler will never risk a 5$ dollar that he saved all his life just for a single election net because aside from Winning or losing what is the other factor he might get from this?
Thats why i am also sure like what btc_angela says that he must be a Wealthy person.
 Well the man is a gambler so we can't expect Him to choose long term waiting than a so short in gambling(if luck is with you)

By the looks of it, I think Biden had already won the election though we are still waiting for the official announcement.
 
There's no more live betting in the sportsbook I'm using now, which means soon enough the winner will be declared.
$5 million is just an ordinary bet for a high roller gambler, hopefully he is a high roller.

I am not an expert or familiar with American politics but seeing that Biden is also in the lead on most of the remaining state with 90%+ expected counted votes on the link you shared I doubt trump has any more chance of winning the presidency.

I've heard last time that Trump will gonna sued biden, am I right? so I think yes, biden will win this year presidency, trump will not be like that if the knew he can win this time, that gambler make 5M on losing side. he should know the current review of Americans first before Making that, maybe he is also a businessman and if trump will be elected again, it is very beneficial to him and his businesses that's why he has a high hopes to trump. Maybe yes he has some inside connections as well but trump will lose to biden now.

That was a very huge amount of money to be bet, this person is a very rich one. In cryptocurrency I never seen any gambler did the same thing about that amount in which is 5m$ here in my country, In fact, that amount of money is equivalent here of 250M

Indeed, Trump literally acts like a kid who wasn't taken to Mcdonalds by his parents, and this acts only makes, making fun of him funnier. Biden would definitely win this election though he isn't even a great candidate, to begin with, anyone besides trump is good enough. And pretty much, the states who note yet finalized the votes tend to have an equal amount of expected votes for both parties. Ergo, the additional votes can be said to be void in the case.

About being beneficial to his business, I think this is not a case, if your only motive to bet is because it is beneficial to you if he win, then what is the purpose of you high staking when you can already benefit as he win. It is pretty much that he really trust and commit himself to the situation where he sees that TRUMP is winning.

That bet was made when the presidential race just began, in November 3, and the odds seem to be (1+37/20)=2.85 for Trump at the time he placed that bet, which means he placed it just before the race started since Trump's odds became lower by a landslide as he won more states.


No gambling site will let you place a bet as big as that, not even for casino games. Most of them have a limit of around 1-10BTC, and sportsbooks have even lower maximum bets depending on the type of the game.

Donald Trump is now a laughing stock on talk shows, it seems Donald Trump is overconfident that the team is not prepared to leave the White House and talking nonsense, Biden will eventually become the winner, and whether Trump likes it or not he should bid the White House, I hope the guy can also say goodbye with no hard feeling to his $5 million


Losing Isn’t Easy, Especially for Donald Trump (https://www.youtube.com/watch?v=O2ECkVCEKtU&t)

President Donald Trump files lawsuits and undermines the election claiming every kind of fraud imaginable. (https://www.youtube.com/watch?v=pVorpUNS5NA)

Too bad he choose the wrong one. However I don't think it will bother him no one will place $5M on a single bet for sure this person is really rich that he can manage to lose that $5M easily.

I think it would no matter how rich you are after losing a bet like that it would surely affect you.
Maybe not the money but your dignify or personality specially if there are people who knew that you lost that much in a single bet.

Of course it will affect him $5 million is $5 million unless he is filthy rich or a multi millionaire where he can make a million in a matter of week, the result could go the other way around because the fight is to close and Trump is 100% confident that he will win, maybe that's what this gambler saw that is why he bet on Trump, let's see if he will make a statement on his loss, Trump do not want to accept the loss.

The vote counting process in Uncle Sam's country is still ongoing, but it is not certain who will win Donald Trump or Joe Biden who will officially win this competition.
Most likely that person bet $ 5 million on Trump because he is a millionaire because that is not a small amount to bet, and most likely idolizes him and believes his idol will win and we will see the end of a legitimate tally of who will win.

Is this confirmed? What I mean is that according to the article the person that made the bet was a former banker so in theory he could have a lot of money to burn on the bet, however the article mentions that he want all-in, is this just an expression or did he actually put all his savings on this bet? Because if he went all-in then there are very high chances that he is going to lose all what he worked so hard just to lose it all in a single bet.

Poor man, it seems that he has lost those $5M  :-[

Oh, wait, if he can afford to gamble this amount, he won't be very poor... former banker you said?  ::)

I'm not a big fan of bankers but, hey! I don't want the pain for anybody, so I hope the "all-in" was just an expression. Anyway, you can still be happy being poor. Oh, I forgot again he was a former banker... then it will be harder for him.

^ Definitely right, That's an unbelievable amount because that amount would let me enjoy my entire life even the grandchildren of my kids.
That result will come out soon and let's see who would get their guns out of their pockets. However, is it really regulated or legal to place that huge amount of bet in politics? Like what, taxes might wave their hands with a good smile. Nevertheless, we should learn not to risk a big amount on betting, this is familiar with sports betting and we also consider this as a lesson to learn.

That's what he does all the time when the odds don't work in his favor. The guy is as predictablw as his election results. That being said, glad that he's losing but not so happy that Biden's winning. It's like you're being forced to choose between crap and piss. And you're stuck with choosing who's much better than the two.

Considering that the person can afford to place that bet, He's not just throwing it but he gambled to seek for some luck who knows
there's turns of events.

The counting still ongoing even the chance is too slim, placing yourself to his shoe what would be your expectation?
going to concede and accept that gamble is a gamble.

Nothing is for sure, it's a risk that you from the start already accepts that there are two possible
results, win and lose nothing else.

I guess that gambler is regretting his decision betting on Trump. Or maybe it is either he doesn't care since he can take the risk of betting that huge amount of money or he is really depressed right now that Trump is not on the lead. But if he can bet this kind of amount, then he is ready for the risk and he just don't care if he losses.

I believe he already won as I googled and saw he gained 290 electoral votes and Trump was stuck on 214 but I saw a lot of guys were complaining their bets are not settled yet and that might be because of the Trump's statements which sound like he is not going to accept the results.

I think as the official results are coming slowly state by state the bets will get settled. I missed a huge arbitrage chance as the odds on Biden was 3.2 something and then the same day it swung around 4 for Trump so was an easy chance which I missed.

Betting millions on Trump must have required some balls because there was always a Biden wave going on despite claims made by Trump that he already won and stop the counting, etc.

Those are the fruits of arrogance. He will have to reap what he sowed. The way he used to talk, it was a though he was going nowhere

It's human nature, it will bother him whether he is rich or not. I mean, he expected to make $15M out of the bet otherwise if the $5M was nothing to him, he could have as well just donated it for a good cause.

People do take chances to win big and there are crazy people like these who will bet big and making these kind of huge bets has its advantages, he will get popular in a short period and now everyone will be discussing about that crazy huge bet of five million and how he lost that ;D.
I am only a small time gambler who wages online and hence i am not aware whether he is able to cash out while betting in physical book.

Yeah, there are guys who bet 1 million on UFC so betting 5m on elections is not a big deal for some guys. I saw a few guys on stake making huge bets Trump vs Biden and I was surprised to see the amount of interest because usually people from other countries don't have much interest in who is gonna win and I myself don't have much interest.

There are guys who make 10 BTC bets regularly at stake, sportsbet.io and others and 10 BTC is more like 1/6 or 1/7 of a million and they don't even make news so crypto market has some juicy gamblers indeed and there are guys who don't want much attention for their bets to maintain their privacy.

His popular is gonna lived short but the feeling of losing $5 million is with him forever if it's not his usual bet size.
The trust for Trump made some people loses money as they thought Trump had a good odds and he has a high winning chances at the same time.

I would not say "I pity" on this bettor because we never know his financial capability, but losing $5 million in a single bet makes me think he is a whale in sports betting.

Still if the outcome was the other way around he'd be enjoying the rest of the weekend in euphoria state. I do think that's a whale and he'll never bet like that amount if he's not or he was just too confident he saw a pattern from the past election. I don't think I should pity too but I guess that's just some cents in this gamblers pocket.

People who really bets against the odd are those who have risky appetite thinking if their bet would won it would harvest them some great rewards that's all there is to it, it's pure gambling.

It's definitely pure gambling because we have the odds and we are just betting on it, and also, we can never tell who is going to win even if the stats are showing a certain candidate would easily win, and we have proven that in the past when Trump was a heavy underdog but he surprised world and made him the president of the USA, this time, his charm doesn't work anymore.

It's over for Trump, Biden is now officially the new President of the United States

JOE BIDEN WINS THE PRESIDENCY (https://edition.cnn.com/politics/live-news/trump-biden-election-results-11-07-20/h_1e0e91d050d44ff57754643e6d9008d2l)


He will take his oath on January 20th, Trump is the first incumbent President not to get re elected after thirty years, I guess the Americans have had enough of his chaotic administration, I hope Biden administration is a Crypto friendly administrator, so things will be easy in the US for us.

And for the guy who bet $5 million I hope he can get back his loss to other elections

There's more time to save for $5 million to be again, and I'm pretty sure this bettor will be betting against Biden. lol...

Maybe he was betting on Trump because he was following the trend, which gives his bet a good chance to win though.
But this happened!

All countries I think will focus on this election. Even though I am in a different country, I also always follow the development of the world from other countries
and also for America. About this bet, I was quite surprised because it turned out that there were people who would bet that big to support Trump.
But maybe this gambler from England is ready with all the possibilities that will happen. And he is also ready to lose if President Trump does not win the presidential election.
And the New York Times, which has a live vote on their website, shows Bidden getting over 270 votes beating President Trump.

It's too much amount though but maybe he's too rich to mind since with all the news and score Trump gets before there are strong or almost near scores between them before the election, so betting too much is really not safe as they are both in closed fight and have both their respective state supporters. Its hard to predict who will since it's politics that have their system.

Those who had already staked their bets on the election and Biden's supporters survived with his win.

These two candidates are quite strong in defending their position but this is still surprising with Biden's official victory because he has outperformed 74 million votes, look at Google, and also I see the tweet by Trump's son who calls for total war whether he doesn't accept the defeat so whatever they do ?

Americans believe that with this new president they have freedom in any way and are wiser in making decisions.

You say it like its forever ago but that era is just Bill Clinton, I still count it as recent though I agree its generally rare for a president not to get the 2nd term we should also consider the reason Bill Clinton won which was famously 'the economy stupid' if you ever heard that phrase.

Its more a credit to the Federal reserve if you want to go that way as theres been a lack of recessions relatively though thats not true for everyone's prospects.  Constant inflation equates to infrequent recession in theory and also constant deficit and debt too, a mixed positive :p

Real ancient history is Carter who once again was knocked off the job during a recession of 1980 and that was a tough time apparently.     

Last update information Joe bidden become the winner but still awhile and we need waiting for from election institution of United State announcement later, both candidate Joe Bidden and Donald Trump claim they are the winner and we most confuse who is real winner Joe Bidden or Donald Trump. Almost election in the world each candidate always claim his is the winner and better waiting for official announcement with who is the winner. Just check on google last minute Joe Bidden has a chance to win because of the voting results while he is superior to Donald Trump by more than 5%, but this is still temporary because there are several states that have not counted the results of their votes.

4 years is not enough to gain 5$million again not unless he will be lucky in gambling so he can accommodate the amount easily,but if not?then His business might need to progress faster to obtain such big amount.
whatever His hints about the election still he may lose $5 million in just single Bet.Maybe this is one of Trumps partner in Business thats why he can risk and lose such huge amount.

Sad to say but YES.

Trump have a lot of haters even before when he still not running for presidency, I'm surprised that there is a guy that bet so much money amounting to $5 Million but sadly Joe Biden is the one who first reached the 270 votes that makes him to be 46th president of the US. I actually thought that Trump will win because of his millions of supporters across the states but it is not enough for him to reached the 270 votes. The guy who lose $5 Million are surely in a deep regret or emotional stressed. That money for me is so big wherein you can buy a lot of properties and asset with that kind of money. I hope that guy will regain the money that he losses but it will take time because that money is huge wherein you need a high capital in order to regain it. But for sure he understand the risk or maybe he is a multi millionaire and it is the reason why he bet that kind of money.

Just a good example of huge money lost in betting. But I am guessing there are a lot more gamblers that bet huge amount, maybe the guy from England is the only one that got out of public knowledge. Right now, instead of rejoicing, he is in sympathy with Trump.

For sure its not only him that also put a huge amount on Trump. Its just that he became the most popular one and possible the highest bet.

I'm a bit curious about what is that gambler doing right now after the election. I'm curious on what he is saying right now after putting his bet on Trump :D. I doubt that he is regretting on betting on him though. Anyway its over and the only thing that he can do is to just move on with it.

I like to believe that there are a lot of fo bettors who bet with a huge amount of money like a peer to peer bet, but this one is publicly recorded, I'm sure he is a high roller, no small-time bettor will bet such a huge amount of money that is decided by an election, because it cannot be rigged.
 

I don't think it is over yet but it is close.

Trump didn't admit defeat yet. There seems to be some fraudulent shit happened during the vote count and the Reps are carrying this to the court.

The courts decide the winner, not the MSM.

If someone can make a bet that size, then likely the money doesn't matter to them. If they don't mind losing $5m, then presumably they're not immensely bothered over winning the bet and netting $10m  (or whatever) either.
However - a bet this size obviously makes news around the globe, so I wonder if it's a mega-rich Trump fan who is trying to influence opinion a bit to increase the chances of getting him re-elected?
Obviously Trump has lost now, but the timing of the bet is a bit suspicious, along with the almost-irrelevance of making the bet at odds of 37/20.

He didn't admit it but the election is officially ended and Biden is the winner I even see it many news article vlog declaring he won this election trump just don't want  to give the position for the winner easly and saying he has been cheated.

Are you sure he went crazy with that bet? Maybe it was a well planned bet, and since there's no assurance about the result, we call it a losing bet, but who knows this person is still a winner despite of the lose, you know in gambling, we win some and we lose some, what matters is to be profitable in the end.

This was not planned at all, I guess, the gambler is really rich and tried to bet this just for fun and all as he sees the accumulated bet that leans towards Biden. I also disagree that he may be a winner, cause he definitely loses at this one, and non-other bets regarding this person had been said. But in overall, yeah, the person will not go crazy for this kind, as an assumption that he is very rich, and just having this for fun and games.

Having fun for $5 million bet? I think it's not done that way, well, he could afford to lose that amount and he is a big time gambler, that's it, he risk that huge amount because he believe that his prediction is correct according to his analysis.

Lots of speculation, but $5 million is a huge money for most of us bettors, so we can't afford that, the reason why our attention is on this bettor or this bet which is the biggest bet in political betting as per OP.

I would assume so aswell, to be able to bet $5 Million on one single bet, you shouuld definitely have a very good income. But even if money doesn't really matter so much. Why bet all that money on one single bet? For a president that is not even going to be in your country? If you would like in USA I would maybe understand it, because it could be a publicity act in trying to promote your political views. But living in UK and bet on so large on the US president, seems unreal to me.

I hope he can take that loss.

I think it just stings even though I am not the one that actually takes that loss. I mean, just imagine losing $5M because the people wanted a change, maybe. He should blame the people for that, I'm just kidding, He can take that loss and I think he's still salty about Biden winning. Trump can't go to the white house because it is forBiden?  ;D

This has been considered the biggest political losing bet ever hahaha

Biden almost proclaimed as president,surely he is now Regretting this decision all His life  ;D

Maybe it is considered as a pleasure or their way of enjoying gambling but for me personally who only gambles for a small amount of money, then I don't think it is a way to enjoy gambling anymore because if someone has gambled large amounts it is an ambition and I don't know what is the impact if the bet loses. If he really had no problem losing that kind of money, it would obviously be a pleasure for him but if he didn't consider the worst, then that wouldn't be the way to enjoy gambling.

This is what you get when you bet all-in based on information from "Trump camp insiders". It seems to me that his source may be a little biased. ;)

Imagine those what a huge lose for believing trump to win the presidency for sure he is cursing him right now and can't sleep thinking about wrong decisions of betting trump, and for sure he will always think about the $5M bet gone in the wind.

For sure biden bettors are now in party mode for winning the bets on there rooster :)

I guess this will be the biggest lose(at the moment) on political betting.  I remember reading on an article that the gambler was confident and going all-in on betting on trump after consulting a trump camp insider. I wonder how he feels right now or does the gambler blame anyone for this loss. I'll be looking forward on 2024 there already rumors saying that trump is considering presidency again.

That was a wrong move if they will only rely on information coming from Trump's camp?

What would they expect? of course people working on the Trump camp would say Trump will win, even now that Biden was already a clear winner, haven't read a statement yet that Trump already conceded.

That's the thing I see to that person. It is a weird thing saying just for fun cause that is big enough.
He is one of Trump's supporters and loyal to him, and he can't take such a thing and can afford to lose. Kinda thing that only a few people will risk that certain amount, even we just say $1million. But would like to know how he feels after Trump losses the competition and losing his $5million as well and accept the result.

Well this bet is crazy, no doubt in that. I don't like to bet on politics, that game is the most rigged from all other games. I generally don't have a nice opinion about politicians, and this Trump guy and his behaviour are crazy, he is just a comedian with his appearance and talk, I I don't l know who really expected him to win again? Even his first win was a total surprise.
Goodbye to 5 million, I hope this guy will have more luck with his crazy big bets.

He lost the money, but there is no doubt that the gambling sites were right in offering better odds to Donald Trump. Betfair was offering odds of 39% to Trump and 61% to Biden on the day of election. Polling sites such as Fivethirtyeight were offering only around 10% for Trump. In the end, the elections were closer than they were predicted by the opinion polls (similar to what happened in 2016).

I don't understand how this is entertaining at all. Placing a very huge bet for a presidential election is never really fun. It is politics, dirty and full of cheap behind-the-scene moves. It may be fun for a small amount as it is clearly for the sake of betting. But if it involves millions in US dollar, that is certainly not just about enjoying gambling. That is about being stubborn on a single candidate because of strong political ideas and opinions.

I agree.

I bet he's mad right now not because he just lost his money but because Trump lost in the presidential election. Obviously, people hates dumb people, especially if he's done nothing but jokes in his country, so this made me wonder why there was someone who bet that big for Trumph's victory (Maybe they were hoping for Donald to win by cheating???) who knows.

That $5M bet would be a great help if it has been donated in some charities instead of betting it on a person who's not even worth the support, in my opinion.

Well... It's official Biden one, looks like I also lose money by following this user. Well that's fine to me since I only bet a small amount compared to his $5M bet on Trump.

Perhaps, if you know this, then you have a big advantage to win whenever you bet. We all know that politics is dirty, most of the time, candidates are winning because of their influence and popularity. Trump, as we know, is a business tycoon, he has a huge fund intended for the campaign to make sure that he will have a huge vote. We might not know if he uses an illegal way of campaigns, but being exposed to this will enable us to have an edge to win in gambling. Just make sure that it is still gambling, we can still expect the unexpected to happen. The recent election result shows Biden as the winner. That means that election is still a good way to gamble as there's no 100% assurance of winning a bet.

You lost a small amount like you say but I'm sure there are many gamblers who followed this guy and his enormous bet thinking they will win. That is brave and crazy at the same time and according to results that are coming those who bet on Trump lost. It would be very interesting to see on how large bet in general are we talking about and much money is lost in bets on Trump.

There's no information yet as Trump still considering legal action after this, He still not conceding taking all possible resort to contest this election result.

Not easy for the outgoing president that he's losing his opportunities to serve the country again, but it's clearly being voted by the people and after the counting Biden defeated him.

Moving back to this gambler, it's really bad to take information from one side alone as there's always
the other side results and it happened to him if that's true that he relied with Trump's camp alone.

This bet will definitely hurt the bettor no matter how others justified him of be a rich individual, some said he's a former Banker but that doesn't give him the impetus to squandered a huge sum of money on election which can easily be manipulated to favor the cabals. Okay, he(the bettor) just lost $5M to this bet, and maybe his family members don't relate or even not be part of any political party in the residing country or even home country, IMO, this's arrant foolishness and not FUN or ENTERTAINMENT.

Placing a bet on any election is different from getting involved in it. None of us like politics or the politicians. But even I place my bets occasionally on elections. It is as exciting as betting on sports matches. And this time, there is no doubt that the American presidential elections were really close. Trump would have won, if he had a little bit of luck. The winning margins in most of the crucial swing states were below 1%.

Losing in gambling will be at every people, not caring if he is a banker or another big government position. Once that person loses his money, he just loses it and he will not have a big chance to recover the losses. But maybe many people who are playing gambling will not understand that because once they can get fun gambling, they can forget about everything and stay at the gambling games for a long time.

Yes they are different but somehow maybe it will be beneficial for him, also making a bet in this kind of election is entertaining for me since they are in close fight and I am also surprised that biden won in that election, wishing that it could be good in other country as well, and I wish he will be nicer than Trump. I am also surprised to the vp , first woman as bp right? wow.

I admit people do lose their bets during games, but the question is: how much do they actually lose compare to this gambler living in England?. I repeat; this is not fun nor entertainment we do refer to on this platform becasue the sum is higher than just make fun from. A whooping $5M just disappeared from an addict gambler living in England, i deeply regret his actions.

The betting figures are fantastic and he may well be on the campaign fund support team for Donald Trump, a bet of 5M which is quite a big deal considering the current odds Donald Trump is a few percent behind Joe Bidden even though there has been no official announcement from the United States electoral authorities. If there is an option for a temporary cashout, it's better to just cashout because Donald Trump's chances of winning are so far that I'm even optimistic that Joe Bidden will announce his victory in public officially. Perhaps before the presidential election, many favored Donald Trump to return to lead the United States in the next five years, given the record that the United States president has always been led by two terms like Barack Obama before him.

Taking into account that Trump doesn't seem to be accepting the results and that he is going to take the case to court, has the banker already lost the bet? will he have to wait until the new (or former) president arrives (or stays) to the White House in January in order to know if he lost or won so many millions of dollars?

And if the bet is considered lost, in the hypothetical case Trump gets away with it, what implications would have?

I don't know whether in the terms of the bet this extent was included, but if not, for so much money, I suppose that he will institute legal proceedings against the bets company. Yes, it sounds a bit like some crazy idea, but Trump's doesn't sound much lucid with his neither.

but what does that mean? not that I am against or supports him. I am just curious. does Trump still have a chance of winning? or it is just prolonging his stay as a president? American politics sure is complicated.

He is trying to investigate many states where Biden won because he believes that people are cheating to push him out of his chair. This does not prolong his current presidential status. This Incumbent president will continue to serve the country until 20st January, 2021.

However, there is still a small chance that he can be successful in filing lawsuits against the Democracy and Biden. He is focusing all of his efforts and it is certain that his supporting team will do it as well. Right now, I just want to congratulate Biden for his win no matter what the future results might be. He is now winning the Presidential title with most vote ever. 75,215,986 votes is an outstanding number

$5-million is a huge amount of money. I hope that this retired banker understand how to overcome his loss. I feel sorry for him.

Asking for an investigation and recount. Because there were reports that there votes that haven't placed to him instead, those votes go to Biden. About his chance of winning, we don't know. Once there's a result of that investigation let the higher court decide for his win. Until the end of the year, we have to wait if the higher courts are going to proclaim him as a winner, or else we already knew who's the winner because of results. He's not prolonging his stay, AFAIK, he's on the term until January 2021.

That's right, so he is still in control during that time and he can fasktrack the investigation if he has a real proof that the other camp has cheated him in the campaign. However, for an incumbent candidate, it's hard for an opponent to cheat on him as he is on power, I guess what really made Biden win the election is really the real vote of the real people.

Trump insists on the election fraud though. Why would he do that? There are only 2 possibilities.

1- He is telling the truth and there was  a massive fraud,
2- He is so corrupt and full of filth, he is afraid of going to jail for his crimes for the rest of his life.

Which one do you choose to believe it is up to you.

There is another possibility but the chances are not great imo because it would backfire very badly:

3- He is lying and trolling because why not.

I have one more possibility and that is he can't accept defeat. In most elections, when a candidate can't accept the fact that he lost they'll do a protest for a recount and say that there's something wrong with the counting process.
PS: I'm not a Biden nor Trump supporter.

And now the thread become a political discussion. You guys can take that on Politics and Society section.

Back to topic, is there any news what happened now to that rich gambler?

For sure, he already started to moving on the 2nd day of the election.

The situations were much closer than we think, it was competitive till the end and this was the most polled election in a century and that will change the odds very much and the uncertainty was high and you really cannot trust the exit poll and it was a good bet but to place five million for that was excessive.

I made a $100 bet on Trump to win and once the tide turned in favor of Biden i placed another $1500 and covered my loss :D.

Every election happening, the losing side will be shocked that they didn't win and will end up investigating the other side because of winning. That's why politics is very dirty, we aren't sure if Biden's side did really cheat but Trump's side is assuming they did cheat in the election in order to win and be the next president. This isn't an exclusive case in their country, actually, it also happens in a different part of the world, where politicians can't accept defeat.

I just realized that $5 million can already be fed those people who are poor since we're on the pandemic, I hoped he uses it in donation than using for a bet. But I can't blame him for doing that, he purposedly bet a huge amount for his own entertainment but hoping that he has a lot of money, so he can't be depressed on such a huge loss.

It's his money so it's his decision where or how to spend it. I'm pretty sure he's rich and doing his part to help the unfortunates during this pandemic.


He has the confidence to go all in for Trump even if many US citizens hate him so I think that $5m is just a chunk of his asset.

I'm now wondering what he feels when he made that bet compared to now.

Everything you stated is possible, but we will wait, because even Trump will make a protest about the election result and it cannot be proven there's a fraud, everything he has done under his term will be unveil to the next president which is Biden.

Let's just wait for the big news, hopefully there's more surprise to come, but for now, Trump already lose in the battle.

This 2020 US Election is very close and they are head to head  on other states. A $5 million bet is too much for me  :D its just like wasting money. Now reports of  election fraud, computer glitches in favor of Joe Biden is surfacing on the net. Me too is exciting of the results but seems Biden is winning already and Trump preparing for lawsuits.  :D Lets see what happens next,, as we watch the happening unfold.

sorry, that's probably my fault. I was gonna edit and add(but completely forgot about it) what would also happen to the bets who already claimed the bets from the gambling site if in some miracle trump actually was able to reverse(or something like that) result and actually won the campaign.

as far as I know, there is no news. other than that the gambler was a former banker(according to the articles I've read) there is no more information about the gambler. I guess the gambler wants to remain anonymous to the public eye.

I guess that hurts. Knowing that Biden won the election but as always probably this is a whale and doesn't care about his bet since no idiot will place bet with such amount if he is afraid to lose it.

Everyone has fear, even in gambling, in fact, I would say that I can afford to lose $1000 in a single game but I'm afraid to lose it, because that is my money and when I gamble I always aim to win, and therefore I believe this bettor is feeling down now.

That will be our question because we are not sure how much money for their living in England. Maybe that losing money is too big for us, but in some countries with above income per capita than the other country, that amount is not too big, and they are not too surprised with the loss amount of money.

Maybe that is not fun for you, but how with other people who can enjoy the game? They will say that playing gambling is really fun and they can enjoy the game. That can make them forget about everything.

The defeat was quite big because he chose Donald Trump as the candidate for the winner of the president of the United States. Indeed, seen from the survey statistics, Donald Trump was more eager before the presidential election, but the results were beyond expectations that Joe Bidden managed to beat Donald Trump to become the 46th president of the United States. The bet value is quite large for me, if you lose with such a nominal size it may take more than a year for me to recover and reflect on my stupidity why I have to choose Donald Trump to win in this presidential election.

Maybe he really feels down, but if he can bet a huge amount of money like that, I'm sure this one is multi millionaire or even a billionaire, and that amount of money is just a piece of cake. I think he's more down because of the fact that his beloved president lose compared to the money he lose. I think he's one of those people who believes that the election is rigged. As we can see, he's bet was on the 50-50 side, we all know trump has a lot of followers and he's more on the safe side before betting, but just like what every other people say, voters who decided to have a change in their country will be unpredictable. I hope no dirty works in this election, I wanted to believe that a lot of people really voted this time.

What many are yet to understand about this England gambler is, the gambler is pretty rich and him betted such amount gives some reasons that he's rich indeed. The moment anyone bet such should be an indication that they are above such  amount of funds in their savings. Though the amount looks huge but not to the gambler in question, for Trump not winning the election is such a disappointment for this gambler though hope he enjoy the games around this US election.

Maybe he got money from his parents, or he inherited it? Or he won on a lottery?
I wonder if Trump fraud accusation will come suprisingly true -what will  be response of bookmachers?

This person has become proof that when we have been involved in gambling then I think money is no longer valuable. 5 million dollar is not a small amount to bet on gambling, it is very difficult to accept when losses occur. But I don't think it would be a huge amount if the person had more money in their safe. In my opinion, most gambler are people who are willing to bet their money even if it is earned on loan. By the way, I am curious about what happened to this person after seeing the fact that the stake lost.

Or maybe he had bet another few bets for Joe Biden to hedge with better courses.. So as you say looking only at a dry facts is not enought to judge about whole situation

Not enough time to hedge, and Biden when he was leading only had a betting odds of 1.20 or 1.10, if I'm with Trump who knows from the very beginning that I bet on the underdog, I would not hedge anymore as it's not a good idea to spend more money just to get back a little amount and still resulted with a big loss.

Any update on this guy? I am seriously worried about his welfare and status since the election was against his favor.

Man, imagine losing $5 million dollars in a political bet and sleeping afterwards thinking the amount of money that you just lost. This will seriously kill my conscience and drown me in regret/guilt for my entire life. But the fact that this guy managed to put a $5 million dollar bet implies that he has a rich and wild lifestyle. I just hope everything turns out to be relatively okay despite the election result.


What I learned throughout the years on elections, there will always be: (1) a winner; and (2) the one who got cheated. I hope the fraud and cheating accusation be settled as election processes are relatively difficult to cheat.

I've heard nothing after losses his bet. I feel regrets about him, he got that courage and risk to make $5million, not a crazy thing but a very supportive person who thinks he can benefits once Trump still won the election. I think it wasn't all about money but there is something behind it, no one will have that shot without prompting more returns more than that $5mil.

Well, let's see how Biden takes action in a growing market, either to seek support from him, and from the new leaderships.

There's  a chance that I've seen Biden odd went up to 1.60.

Seems those who able to penetrate from that position are really enjoying the amount of money that they've got from this election. Not sure if how many did manage to catch it up but most probably it's between 1.20-1.35 for those who bets earlier.
Moving back to this topic, it's time to move forward to whoever who place this huge amount of money. It's gamble and losing is always
part of it.

With 290 votes, Joe Biden ended Donald Trump’s four-year presidency. This is very sad news for the British gambler who has already bet $5 million
on Trump’s victory in the 46th American presidential election. I don’t think it will frustrate these British gamblers with losing that $5m.
Maybe the gambler’s income is huge, so for him to lose that much money to bet won’t be a problem.
This is only natural because England's economic growth is very good. And England is also one of the highest-paid countries in the world.

yeah i don't know where that news come from as Biden seemingly winning completely.

but if this really the counting then it must be Trump is leaving his Seat and give way to the new elected president.

Biden is going to win, he is on the lead now, Trump are just influencing everything to get some sympathy because he is already losing the battle.  It's only the Trump's camp who did not concede but the people already know that Biden is already winning the election and it's not impossible as it's not an upset.

Trump needs to wake up from dreaming, damn, accusing Biden's camp of cheating does not do good for him, he must be hiding something.

sayaya17, the banker the wage the $5M is definitely a whales no common individual will dare there such a thing on an arrogant president but I was amazed that the overall wager on the election was $1B.
Sithara007, the banker have already lost the bet because Biden won the election and will begin his transition plans while Trump dont agree to the election result and he challenges the election result in court.

He is anonymous after all so for sure he/she will not reveal his/her identity and we do not have chance to know how well he/she right now. But for me he/she aware that there is only 2 probabilities whether to win big because of his big capital and to lose all of the $5 million dollars in a one single bet. Sadly, the result is against with him/her so he/she lose the $5 million dollars. Even if I became a millionaire, I do not think that I have a guts to bet a huge money like that. Actually I'm having doubts and uncertainty whenever I bet more than $100. It's funny but I think I need to develop my confidence a little bit more for me to become a wise bettor.

Crazy to bet such a huge amount when you were not even sure Trump would win,,, and all the polls suggested otherwise. I mean, credit to the guy, he pulled off a huge upset in 2016 but it was impossible to hold on to his seat when all the liberals and millennials on Twitter and Reddit are fighting back. Bet he is going to have sleepless nights for many weeks.

It's a big shame if he reveal his identity since sure his story will became viral once many person will know his real name. And I guess he should remain anonymous since remember things could add more to his stress and might he will end up chase by many questions if he decide to came out.

Maybe OP should lock this thread since election is done and its nonsense to talk about trump losers anymore.

I know that the money wouldn't affect him because it is obvious that he is loaded with it no one would bet that much if they couldn't cover it.
It is his pride that would surely be affected by his lost but I think it wouldn't really bother much or it would just pas away like a normal bet for him.

Joe Bidden managed to beat Donald Trump and it is clear that the 5M bet that was paired just floated away, why was that much money used to bet on Donald Trump? Even though at the beginning Donald Trump seemed to have won, the team behind Joe Bidden's victory were also many big figures and businessmen who launched large enough funds to win Joe Bidden. In terms of the stakes in the presidential election, it is better if we have deeper political knowledge, we don't know who will be the winning team for each presidential candidate.

OMG! that's a very large amount, but sad to say Biden was declared as the 46th President of the United State of America this person loss his 5M$, perhaps this gambler is one of the politician or rich businessman I could consider Him as one of the whale gambler and lucky for the bankroll owner of the gambling site.

When it comes to presidency type of event then you cant really tell on who would really be the clear winner yet you cant be sure on whats the other actions of the oppositions.
It doesnt matter if you are backed with big figures or somewhat because votes neither can be bought or not.So it  all matters on the trust and confidence into the citizens itself.
This is why its called gambling because you do have 50-50 chance for that bet to win.Doesnt really matter if he bet out 5m since its his money after all.Its just that he had the
confidence that Trump would won but we know that things can turn upside down and its been part of gambling neither you do win or lose and this one do really hurts.

We do not know about that, while it will be irrational for a person to bet every single dollar he has on his life on a single bet we know that humans are not rational all the time and can be very irrational, so it is entirely possible he put all his money on this bet hoping that he will multiply it in a single night, in fact this is no different than what I have seen many times in physical casinos years ago, in which a person lost a great deal of money to the casino and as soon as he got his pay instead of buying his basic necessities he went to the casino to try to recover some of the money he had lost there.

If anyone is having the audacity to make a bet that would destroy his entire wealth like that then he is in for a real awakening and the amount of time he might need to spend to accumulate the lost wealth will be a hard task and that could destroy his life forever.

The person behind the bet will be praying that once the votes are recounted Trump wins ;D.

He might have made this bet because he could afford to lose that amount. Each and every bet involves a certain amount of risk. And the greater the risk, that much greater will be the potential returns. In this case, the gambler did the right thing. Trump had a very large probability of winning the elections and the opinion polls were underestimating his support levels. And the results are not yet announced, as legal fights are going on.

If that's the case, then he might be a very wealthy man. $5M is no joke. It's a huge amount of money even without converting it to my country's currency. I really do hope that he can afford to lose such amount 'cause from what I've heard, Biden has already won the election. Goodbye $5M, then.

betting on donald trump with so much, it means he is a person who may have a lot of money, because we know if most of statistic show us if Biden on the top. For a conglomerate, it could be $5m for us, as much as $ 5k for him. As for someone who takes too big a risk, of course this will be a historic defeat in his life. This kind of thing happens a lot at my place. When there was an election for the headman, in my village, someone became homeless because he made a bet on the house he owned.

$5k for him when we hear $5 million dollars :D.  it is certain that this person is a conglomerate, if he only has $ 5 million dollars then I bet he will not dare to bet on the US elections, I guess he has 10x or 15x of the total stake (5 million dollars).  and it is very likely that the main goal of this man is just for fame and maybe to be recorded in history..

No, I wouldn't believe on that, pulling the trigger for a $5 million bet is not easy, one should be fully convince that his pick will win, and that is his main goal which is to win, getting listed in the history is just another thing, he maybe even not aware on that.

I'm wondering on how such a person can able to risk a $5m bet just to be included in the history? For sure that doesn't make sense at all. For sure he though that trump will win that's why he's confident to put that huge amount to bet on trump but things goes crazy and now he lose and for sure he will be remembered in history as big loser on trump.

I dont think thats irrational because the person in subject was said to be a former banker and the last time I checked an average bankers in the UK earn atleat £40,000 and for him to be a former banker it mean hes a millionaire. Besides, no ordinary person will gamble with $5M just like that which can easily make him $15M more rich if invest in BTC. However, people from the UK love gambling especially when it come to sports and i dont this should sound ridiculous.

5 million is a huge amount. I did bet in biden for 85 usd on 1xbit and the odds were shining during september month.
The bet is graded but I lost all money on IPL finals 😂🤪

So sad you have loss your money with betting Donald Trump although giving small odds, gambling site think Donald Trump become president by giving small odd but at the least Joe Bidden have bigger odd become the winner, good luck for every one have bet Joe Bidden as the winner of election as president in united state. say good bye for Donald Trump vote or betting and have get your lost although with many news and bigger media in the world choose Donald Trump as the winner. Political is not have the same way like other betting because we found thousand way in politic hidden from us and will show when election coming.

Lol. Now, my failed 100 dollar bet looks not so bad compared to this  ;D
And the biggest problem, which i described here (https://bitcointalk.org/index.php?topic=5287164.msg55578312#msg55578312) this is the fact that if even Trump will win through court , books will not return most of the bets. So now there is no big reason for Trump to win. He can go away now  ;D

If they would not return the bet or give the bettor the win, I think there are people who would also go to court.

How are the ruling on grading this bet for the popular fiat sportsbook, does Pinnacle and BET365 have already graded this event?

Well of course, why bet that kind of amount if he's not confident for Trump lol.

Might he will become a big loser in the history of Biden vs Trump bet but with the amount he gambled, I'm sure he's not an ordinary person.

That $5M will hurt his pocket but he can cover the loss right away as maybe he is a big person - with business, with investment, rich, etc., or something, not the average gambler.

Perhaps the gambler from England who had bet as much as $5m have gone crazy. With the stakes not on target.
When a lot of big media support Donald Trump, he just believes, without analyzing and collecting data.
Because it turns out that the news is fictitious, and can’t prove Donald trump to win the presidential election right now.
But indeed, the country has a very high average salary, so for this gambler from England, $5m is not a big deal,
compared to the monthly salary he receives. Who knows?

You wouldn't make those big bets if you aren't a big or rich person and of course this one do really make some hole on his pocket but doesn't mean that it is his end in terms of financial.

If he made bet that big for Trump then he's that confident and rich enough to do so.If Trump win then that will surely be some good or significant amount of profit.

We all know that we do made some gamble so its a matter of win or loss.

Perhaps, that gambler addicted to gambling, and he doesn't realize that the money he used for betting was too big. Or he has a lot of money that he can use for gambling, so he will be okay if he losses that money. There are many opinions about him related to what he did in that gambling, but only he will know why. But for people who saw that amount, they will be amazing or shocked because the money was too big for them.

If he doesn't search for the data or does not analyze the data and only place the bet without valid data, he will lose in the gambling. That will also happen to us if we gamble without collecting data.

now I'm curious about this guys who made this bet after Biden successfully taken the seat.
I wonder if he's still gambling for some random politics sh*ts.

I imagining if I'm that person who lose that kind of money, I do not think if I can handle that kind of stressed and frustration. My risk tolerance cannot handle that kind of money but maybe that person have high risk tolerance who lose $5 Million because he made a bet to Trump where he can handle that kind of losses. That $5 Million is very huge money where for me it is already can be called as financial freedom where you can buy anything you need and want. I think he still hoping that Trump may win because trump is still not conceding where he still finding a way for him to lead the US again.

It is not really a big deal when you own 100million USD in your bank account. A loss of 5% might look unpleasant but that's how gambling is... Trump hasn't officially lost neither so the chances are slim right now but he can still win his bet.

Actually if you are that person?you will never Bet that amount because that is equivalent to your whole life asset so why will risk too much?
it is practical that you will only betting at least 100-500k$ for that election.

But this person is surely owning too much that we can handle that's why He can afford to bet 5 million dollars.

anyway if normal person will lose that amount?i'm sure the next move will be suicide like what those recent thread tackles here.

That's what I'm thinking if a user owns a huge pile of money I don't think this kind of losswould give him stress and frustration but maybe it would give him some small regrets maybe? but I think he wouldn't place bet if he can't deal with it on the first place.

People can do crazy things when they have affection towards something especially when it has to do with gambling and this is the reason why online gambling added on their site a feature to help such people.
With that been said, if you check the date when the article was written you will see that the person in question stake his bet before Biden won the election.

Regardless of the win or loss of the bet on trump, betting with $5M is insane and very risky. This is clear that he must be a rich person who can afford such a big bet but i am not sure if he could bear this big loss. He would be considering himself very unlucky on this bet.

We never know, right?

There are a lot of people that are so confident with their bet picks and you don't even know where are they getting that kind of confidence since, to be honest, we are dealing with gambling and we never know if we will win or lose. I guess he is just so into Trump and his words that he's so sure he will win while the seat is now for Biden so bye bye $5M.

I hope his doing fine after losing such a huge bet who knows maybe he is having a hard time right now.
I know most of us thinks that he is super rich but what if he isn't and he only bet it because of his huge trust and known as a heavy gambler?

Mind if you can explain this?
what do you mean by not officially lost?
I thought th results are quite clear, and that Biden wins?

He was probably so sure of Trump's victory that he made such a big bet. But now the situation is such that he is on the verge of losing this bet. It is never easy to bet such a large amount money on an election candidate. However, many are saying that Trump has not yet officially lost, or that he still has a chance to win. I don't know much about it so I will wait for the official news to come, then I will understand.

but we must admit that Trump's chances are extremely low and some bookmakers already made paymets for users who made their bets on Baiden. so this gambler should say goodbye to his money )

The election with trump is the type almost majority felt it will be a free win for trump and that was why the guy made such huge bet on that. And people are thinking trump still has a chance because he has gone to court. With the electoral votes, Biden has more than trump , but with trump not congratulating Biden yet makes it unclear.

Which part of my post haven't you understood?

The results are not clear neither.

Some states will re-count the votes.


Cannot argue against this. Yes the chances are very low.

It's neither he did just smile and move one yet he's that rich that 5M wont really be hurting them but to think that this is an impossible for someone to smile on a losing bet?  ;D

If he do able to make up some huge bets then expect that he had lots of money because no one in the right mind to bet all and ending up on have nothing when the bet lost.

For most people this amount is huge and life changing but we know that in reality where there are elites which can afford to lose up that big in gambling world.
Its just amazing to see or record breaking on such amount but feel sad that he lost that one.

Would you go to court to return 100 dollars bet? I doubt. At least i've lost my bet on Trump and personally i will not go on court. Because lawyer will be much more expensive and it will take too much time.

I myself bet on our local licensed book and he is already graded betting on Trump as loss

I see, as many have said Biden is clearly the one who takes the seat it's a new thing to hear this, that's why I asked. Oh well, I don't want to get some hope on this, I already lost my bet on exbet 😅 I doubt I'll get it back even if the results changes.

By common sense, you wont really do such thing yet you know the expense when you do deal with legal matter but for those who bet big time or
significant amounts then it would really be just normal for them to make such action if they havent been paid up.I do really have these questions on mind
on why there are still bookies havent been grading this election outcome yet its been clear and had been declared on whose the winner or had been elected.
They are waiting for some recounting of votes? it wont happen for sure and they should accept on what happen for those opposing parties.

He needs to accept that fate, the chance is really small as it's only a matter of time or civil war may take place if Trump will insist that there's a need

of recount, He needs to step down as people speak for their rights, he push this online voting so he should respect the choice of the nation. Lucky for

those bettors who already received their winning for Biden' bet.

even if its so low upto 1% it's still considerable, we might not know what will happen next, besides even if the odds are on with Biden we still know that there are many people who still believes on Trump.

I wonder what will be the outcome of this re-counts, though even I has a slightest doubt of having this an excuse to.make changes in the gap between votes.

Of course man, if you've bet something like the man in OP (5 mil of dollars) this is obvious you should go to court  ;D

Our local books already declared, but as i saw above, american and european still don't. Wise enough.

To common people betting with $5M is insane but for people who are whale it doesn't matter cause it not too extensively for them to afford to lose it and if you are a well follower of a gambling site on this forum you ought to have heard of the guy name WangTang which usually bet a big amount of BTC on a single game.

If the stakes are high, some will really not pay these bettors up until there is official proclamation of the President. Though it is clearly, Biden wins here but we don't know if there are still cards hidden that may overturn this event. Really interesting if there will be some miracle that will change the results of this event.

Until the official inauguration of the 46th U.S. President takes place, I would not risk asserting with certainty which of them won in the end. Bookmakers need to be doubly careful not to face lawsuits later. This year, the U.S. faced a big problem. Let's see who will be the winner in the end.

But many books already 've done their decision so it will be funny to watch if something (like Trump will win) will go wrong. The amount of butthurt (from all sides and all parts) will be glorious!  ;D

OK but who will make this "official proclamation"? Only Trump and Biden could do that AFAIK, and if Trump doesn't accept his defeat bettors will need to wait several months or even years for court decisions from different states  :-\

I also don't understand why bookmakers made this decision. After all, everyone understands that this year there will be difficulties with the official recognition of the U.S. elections.
A friend of mine also bought tokens, which were issued in support of Trump, and although the election was not officially recognized yet, but tokens are worth almost nothing.

This makes sense to seal the bet. Wait for the inaugural even it will take time and even there are no changes at all on the election result.

The previous elections can't be compared to the recent election wherein the other party aggressively wants an investigation on the election fraud matter so the decision is crucial. I know Biden is the winner but it's good to see him first being declared as the President of the United States.

After the inauguration, then time now to move on.

Here's a good article for that.

Who formally declares the winner of the US presidential election? (https://theconversation.com/who-formally-declares-the-winner-of-the-us-presidential-election-145212)

We can also check on the popular giant media for the declaration as they are more reliable, and until now I haven't seen a new stating that Biden was the winner already as he was not really declared yet.

I have always believed that as long as there is no official recognition, officially signed documents and procedures carried out on the basis of the law, one cannot jump to conclusions. Especially, you should not do it when it comes not to ordinary conversations but to betting on money. May the one who was really chosen honestly win.

Nah, I guess he still regrets that. But he could still gamble for another politics ;D

That is gambling. Gambling can lead someone to bet more than he can. If that person can take the loss before, he will still gamble for another game. If he still has a passion for gambling on politics, he will search for another political gambling.

But after losing that huge money will not easy, no matter if he has a lot of money or not. But that bet will be on his memory for a long time.

Yes, what you’re saying is very true.
Before he gambled with a bet of that size, previously there must have been many other gambling in his life history.
And there will be more gambling, even if he has lost a lot. A gambling enthusiast won’t care how much he loses money, he’ll keep gambling.
Sometimes gambling will also remove fatigue from the daily busyness that he has been through.

I guess that too because if he is only playing gambling in his free time, he will not use a too big amount of money because he will be aware of losing the money if he is playing gambling too long. But as we know that he uses too big funds to gamble in the politics section, that could be mean that he was an active gambler.

But we never know for sure.

Yes, a gambling enthusiast won't care and won't stop gambling before filling his satisfaction in gambling. I thought that he needs to control his gambling habit for a while before he ruins himself (or he already got that?)

Since more bad news came from the Trump camp, I guess now it is safe to say the election is over and Biden has won... That doesn't mean the election was fair and Biden didn't cheat... it only means one way or another Biden got what he wanted.

Having that huge lost of course you will not forget it easily  once you lost a lot , even you are rich people you will never forget the day you bet that amount and the feeling of loosing it , but it's part of the game you gamble your money in exchange of thinking the way to double it but you failed.just take it as experience, hopefully that man will not do the same mistake again in the future.

The gambler had chosen the odds with cent percent hope of winning. In the history of US election every Presidential candidate is being elected for two consecutive period as President. This is the first time a president is losing the election without continuing for a total of eight years. Maybe upon this fact the gambler could've chosen the odd for Trump.

That new info for me.

Never thought that it happened in the presidential election of the US but as far as I know, I've watched this video saying that they are kind of finding a new thing so maybe they are so fond of Trumps' word and they want a new one. This might just proves that the people don't actually like the idea of Trump leading the US.

That's definitely not the first time though, this article would give us the right information.

https://www.independent.co.uk/news/world/americas/us-politics/how-many-us-presidents-lost-second-term-b1640998.html


It's important that we know the real information first because we made a statement, let's avoid making statement that will mislead the reader.

I'm quite sure that the conditions of the bet will stipulate very clearly when and how the winner (of the election as well as of the bet ;)) will be decided. Doesn't look good for this gambler though... ;)


I hope you are a young forum user, because there few other excuses for the bullsh*t you are posting here. Didn't anyone ever tell you it's better to keep your mouth shut and not talk about things you don't know anything about, and instead to listen and learn?

Check out article 2 from the US Constitution (https://www.senate.gov/civics/constitution_item/constitution.htm#a2) and learn a few things for a change.

Gambling site would only based the grading of bets based from the official announcement of the winner of the presidential race, and until now there's still no announcement so they have the right to hold the grading of bet, some sportsbook have graded bets already but that is an exemption.

For me there is no cheating at all that happened because we are talking about US systems where they have best technology and also transparency that are popular all over the nations,  Biden won but trump will never concedes defeat because he mentioned it. I admire trump because of what he said and he really proved that he born a winner even though he lose in the recent presidential election.

I'm actually concern for the guy that lose $5 million in politics betting, I hope he is okay and he able to move on because of the result of the election. Even though he is a stranger for me, I have care for him because he is a gambler like me. I also admire him because he bet so much money where for me he has a characteristics of a high risk gambler.

There's no official announcement yet right? this gambler still has a chance but as we can see Biden really has more votes than Trump unless they make it official this bettor's bet has still chance to win.

Majority of bookies now are announcing or had been finalized this bet. Why would need to wait up for some changes of mind or decision?

Why people cant just accept that he lost and some bookies now are indeed failing to give out those who bet on Biden and still pending just because of those possible recount or decisions
that Trump had actually won?

No matter if he won or not yet its not our money but yeah its big to talk or discussed on but it is over now for him to make up regrets.
Theres no turning back and he had lost this one.

There is no way the bettor can win even if the election is cancelled and rescheduled, Trump total votes was quite less than Biden at same time can't find a solid proof of Biden rigging the election. The bettor had already lost the bet and I don't think the loser will feel pained because that sum is affordable for him to loss.

Big thanks for that!



I think trump already lost.

Those states that they sued can't actually make Trump win as there are a lot of Biden votes that Trump had that even those votes were actually for Trump, it doesn't matter. I think he already lost his $5M.

Oh, my God, you are so out of touch. You should know more about it first than write such nonsense. There were at least a dozen presidents who served only one term and lost the election for another term.
The most recent was George H. W. Bush losing the election to Bill Clinton in 1993.

Unless I'm mistaken, the name of the gambling site is not mentioned in OP's article on FOX News, otherwise we could look up the conditions of the bet immediately. (not 100% sure the bet was placed online either, of course)

Many allied countries are already congratulating Biden for his win and if you check the data and Trump's allegation we can already conclude that Biden wins the election and Trump just want to hold on to power, I don't think there's a change on the outcome, Biden wins with a big margin and he is definitely going to sit,  January next year, somebody should advice Trump to just concede and protect his legacy, his complain is not helping him.

I don't know whether there was vote rigging from the part of Democrats or not. Democrats are known to resort such tactics and I won't be much surprised if they did some sort of forgery. But here the blame should fall on the Republicans. If there was vote rigging, then they should have immediately protested while the voting was going on, rather than making noise one week after the elections.

Yes, because they know Biden had already won despite no announcement yet.

Only Trump do really believe that he won the election, on this remaining days in his presidency, he might just use it in finding all the evidence to prove cheating happened and he deserve to have his 2nd term, but.... close to zero chances IMO.

If thats the case then all is well for him. This wont be a big deal for a gambler who can afford to lose such amount. Its really huge but there are some people who can do crazy things to satisfy themselves regardless if they win or lose.

Anyways Joe Biden is the winner in this election so its done.

In order to overturn the outcome, Trump needs to prove that the difference caused by vote rigging was more than the winning margin for Biden. This is almost impossible, because Biden won most of the swing states by large margins. He won Wisconsin by 20,000 votes, Pennsylvania by 63,000, Georgia by 14,000, Nevada by 35,000 and Arizona by 11,000. And since Biden is having 306 electoral votes right now, Trump needs to prove that in several swing states. BTW, I think he (Trump) will concede the elections within the next one or two weeks.

Yeah, that's hard to happen consider we already know how Biden had a comfortable lead, Trump just don't want to easily accept his defeat and even if he will concede in the coming days or weeks, I think there's still a need of an official announcement in order the best to be graded.

Even someone that can afford to make such bet will without a doubt suffer consequences on his health when making that bet and then losing it and even if he was a former banker I really doubt that he can make many of those bets, so if at the end of all of this process Trump loses the election and he ends up losing the bet I do not know how he's going to deal with this and I hope that he finds psychological help because we have seen many people making an even greater mistake and make attempts against their own life for way less money than that.

Other countries wont really make any word or congratulate Biden if this presidential election isnt concluded yet or doesnt have the final results.
Trump is just trying to mess things up and doesnt really like to accept his defeat not for the sake of the position but as a man he should
consider on accepting that people do most prefer Biden to rule out America.They've been looking for something new when it comes to administration.
For now its not really that needed to make up discussions like this yet its been concluded on whose the winner of this one.

I think that gambler will be fine, he's probably very rich. Very rich gamblers regularly lose millions in one night at the casino or poker table.

He could be a trust fund baby with investments in the stock market, then under Trump his portfolio grew by much more than 5 millions, so he figured he would bet that amount on him !

I think that's the best explanation for this bet. He might be one of the rich men in the country and betting that high amount doesn't really make him sweat when he lost the game. We are the only one who thinks he is now sad with what he had lost when that is not the case. For us, that amount of money is already a life turning point but for them, it's just mere entertainment.

of course he will be fine and of course he is surely rich because no one in right mind that will bet 5 million dollar in single betting if He has no more than that amount.

Nice speculative but I don't think that He I sa  trust fund baby because the act he did?meaning he can handle money as big as we can imagine  ;D

but one thing for sure,he will never do this again lol.

This is a huge amount of money  to whom will be the winner of the game. The game is not yet over till on the 20 of November the real winner will take over the seat or remain in the seat. Any gambler that will win this bet of $5m will like to relax for a while before betting again because of the amount of money involve  .many gambler are seriously worry about the bet just the way the game is going  at this moment that is causing everyone fear not to lose the bet.

Do you actually want to share something useful to this thread and with this community, or are you just trying to get your activity up by posting stuff about gamblers who "will like to relax" and "are worried" and such? Both options are fine by me, but I think you should at least try and be sincere about it. One of your other posts talks about "it's good because it's good while it's good" and stuff. I know few posters who use so much words whilst saying absolutely nothing. Respect mate!

Back on-topic, though:

Trump has announced to go all the way, meaning this case will probably be passed on to the Supreme Court, and that could take several weeks. I'm afraid it won't change a lot for the gambler OP was posting about, because the result is clear I guess, even for Trump's supporters. I'm glad not to be in the gambler's shoes anyway, because his agony and feeling of "you never know" will only be prolonged for several weeks now...

That's a very huge amount of money. I'm sure that that person has been doing gambling for such a long time that he's able to bet a very huge amount of money. There will surely be regrets if he lost but I guess he will still be able to handle it well. It will only take a few days for him to know the result. He'll be lucky if Trump would get a chance to win his candidacy again.

I think the result is in the know and even if Trump makes an appeal about the recount it won't change the bet. Regret will always be there but yes, apart from being used to gambling he's also a rich man who might be able to make up for his losses with his emotions still under control. I hope so, bet if dare to spend a lot of money then of course he is a seasoned or experienced gambler, but I don't think there is any need to overdo it.

Trump has lost the election and this gambler has lost a huge amount of money. But I think he has a lot of money. Otherwise, he would not have bet on such a large amount

Its just logical because if he had able to make such huge bet then its definitely he had lots of money because its something unusual for someone to make that big bet on a single go.
He had really that too much confidence with trump to win this election but sadly the odds turns against him and lost the entire bet. Conclusion? Well that guy might have
already moved on from this lost or no body knows because we dont know on what he had been doing and what he's capable off.
This is gambling neither you do lost or win on making out bets.

He risk such huge amount of money he's not just  going to do it if he don't have that much reserves, Trump loses together with this bet.
There are already casino/sport house who pay those who bet for Biden, unlucky for him but that's how it goes when you involve yourself
to gambling.

Just a single bet and he throw that big amount of money, moving forward as its already done.

You know sometimes Gamblers lose even more money in gambling. Again, often even bigger amounts of money are they won. So, Gambling means risk of money.
Although they are saying it is the biggest wager but sometimes it is very normal to bet 5 million worth in a presidential election in USA, you will find many underground gamblers who wagered such big amount for Biden.

Reading the article will give you the hint what this guy do. And you will get an idea what others hobby in UK. As said by the article, betting in politics is popular in his country which means that it's not only him that does this. The article described him as a "confident" gambler to bet with that amount. But the insiders doesn't seem to be accurate and didn't expected the result of this election as Trump's opponent has won the race.

Agree. Media can't cover all corners of the gambling world. Many underground bets can be held secretly. Moreover, a millionaire can make a bet with other millionaires without needing any gambling website. Though, $5million can be considered as the biggest bet for a political event like this

I hope that he can afford his loss. Many indicators have shown that Biden has a higher percentage of becoming the next president despite Trump's efforts of bringing this many states to the judge.

Well, the topic is still open because that $5 million is still active, most big sites now have not graded the election betting yet due to Trump's protest, so this gambler does not lose his $5 million yet, but he is just waiting for the time until everything is declared formally then bets will be settled.

The election result was been out already a few days ago and Yes he do lost a 5million bets on this election but i bet that this man has a lot of money thats why he didn't doubt to put such a huge bet. I am wondering now what does a millionaire feels whenever they get failed on betting sports like this? Did they feel the same way as how we feel whenever we get lost our bets even if our bets was just a small amount.

what about those rumors that questions the win of biden and it was supported by few of the respected bookies because they did not gave the winning of the election bettors  . was that already been resolved ? he could still have a chance to resurect his million dollar and take home a profit .
if a millionaire lost this huge , they dont despair too much like we did as a small gamblers because they have sources to replenish the wealth that have depleted .

Honestly bookies don't make decisions according to rumors only, the reason why bets aren't graded yet is because they are waiting for an official announcement that Biden have won the election.

Why not all would having the same decision? Some of them had already graded up and some do still wait for some official announcement?

What if theres some revoke? Do those winners will give back to the bookies in regards to their prizes? Its way too complicated if there would be changes of decision.

So I do understand on why do still wait up but to look closely where its clear that theres already a winner.

A forum member created a thread about the grading of the Trump vs Biden bet.

Check out the thread Sportsbooks that aren’t paying out on Biden winning the US Presidential Election (https://bitcointalk.org/index.php?topic=5288303.40)  for more information.

Every gambling site is not operate under the same team which make there decision not to be the same but I personally dont see any reason why they have to withhold the bet winner fund won't do any good cause it may lead to some the site losing players because Biden has already won the election while Trump is looking for some excuse to make him the winner cause he has won none of the lawsuits and if Obama did the same to him he won't have been in the office early after his first presidential election.

Well I also dumped some money on Trump winning the election and the site where I gambled it, paid out to winners that bet on Biden. So I do not know how this is going to turn out, if the election result is changed in the future... (Could take months)

In any way, dumping $5 000 000 on  a single bet is just crazy! ....These sites should not have accepted a bet like that, because that is just irresponsible. (even if you are rich and you can afford it)  >:(

The decision to pay out early or late has several pros and cons... if they pay out early, gamblers will be happy with the prompt action and they will continue placing bets there.... but if they sit on the payouts..those gamblers might get angry and boycott the site and even leave the site to gamble somewhere else.  ???

chances the election result is changed in the future are too small so you don't have to regret the bet you lost. initially such bet was a little bit risky. my bet was on Baiden and I'm still waiting to receive my payment because bookmaker wants to see the official results.

Theres no such thing about a risk-free bet and of course you would have 50-50% chance winning its either it would be on Trump or with Biden.

Which bookmaker you do make out such bets? most of them had already graded this election for Bidens win.

It do sucks when you do have some pending winning on the site even if its clear on whats the result.

That's a huge loss, imagine there's someone who bet Trump with the amount of $5M it seems that the gambler was trusted too much and be confident that Trump will re-elect but the result is Biden was won and elected as the US president. Very lucky to those who bet with Biden, they are now happy to have their winning profit from betting.

To the bookmakers that allow betting presidential results, pretty sure they also earn profit from having a huge fee for those who have win.

It really is, he might have been blinded by the x3 payout, " he went all-in after consulting to trump insiders " Now I'm thinking what he have known to bet that huge. Betting $5m in politics is unfamiliar for me, I thought it was just a local p2p bet, he also might consider that Trump won the last election with a huge odds. Too bad for him  :P

What if Trump won? are they gonna pay ?

Many of them bet against Biden becasue of the power of the incumbent which Trump has back then in white-House, but this wasn't what they bargained for. For such gambler from England to choose Trump for such huge amount of funds made me understand that, he's not a poor fellow but one of the most richest among the average rich men in the land. Though, i hope him don't follow such ridiculous bet like this again even in the nearest future. We can't move away from the fact that, the casinos that allowed this presidential bet has made some good and cool profit from this.

I really hope that is the correct explanation, in a way it makes sense a person that has a lot of money is bored and sees an opportunity to make even more money easily, or at least that is what he thinks, and he makes a bet that president Trump is going to be reelected for a second term, in this case nothing is wrong he just lost the bet and he can move on, however how many times have we seen people do irrational things when it comes to gambling? Many times I suppose, what if this person was facing financial trouble and he could not pay his debts and in order to do so he tried gambling and now he has lost it all?

Will? No they can't change terms or add new ones once the bet is closed, they can just cancel the bet if things are not anymore clear enough.

and how much would you still get if you wanted to bet on Trump? I think you would get a nice fortune for that too.

has the votes been finalized?
And yeah, it seems we can't do anything about it, besides it's not their fault for having a failed elections, so I think all of the bets won't be reclaim/refunded.

Thank you for this article, so it seems there will be a first term "the first Monday after the second Wednesday in December. This year, that’s Dec. 14, 2020" and a second one "On Jan. 6, Congress convenes to count the electoral votes and certify the winner of the election."

The votes or figures are already presented, but there's no official announcement yet as to who wins the election but according to the record, Biden was way ahead and there's a slim chance Trump could overturned the result.


There's no failure of election yet since it was not declared, it's only the official announcement that they are waiting but I believe it's a clean election, Trump's ego are just too much that he can't accept his loss easily.

I see, well I have been fed by the Philippine Elections that's why I thought the same thing would happen. Must be tough for the others to accept Trumps lost especially to those who made a bet on this election.

never thought this will take longer for the official announcement... 😔

If they neither pay nor refund the bet, it would be a basic theft. Sportbooks doing that could lose their license along with their reputation.

First of all I congratulate people who have bet on Joe Biden's win, and who bet on Trump's victory will be disappointed.
Especially for gamblers who bet large amounts, such as gamblers living in the UK who bet $ 5M on Trump's victory,
must have felt quite the disappointment. Since $ 5M is a very large amount, especially in a situation like now which is
experiencing an economic crisis.

What makes this even worse is that there was a time during the election day in which Trump seemed to have a chance to actually win everything and be reelected but as time passed Biden was able to make a comeback, that would have been the perfect moment to bet on Biden because there was a few hours in which he was not the favourite to win, I just hope that the person that made this bet can afford it because five million dollars is a huge amount to bet on a single event.

If that dude do able to make up that $5M bet then presume out that he do able to afford on what he would possibly lost and this man isn't something that hasn't some money on his
huge stash because thinking that he do able to make such huge bet then he's a rich guy.

About on betting on middleway? you cant say such thing that there would be a switch up.Lucky for those who do able to make some decisions midway
but majority had already made out their pre-bets.

Its just too unfortunate to see these kind of losing bets where it do involves huge amount of money.