Smarkets said that market dynamics are being radically reshaped as US 2020 odds narrow with just two months left of campaigning before US voters hit election polls on Tuesday 3 November. Tracking market developments, Smarkets detailed that its betting exchange is reflecting the majority of US 2020 polls, as challenger Joe Biden saw a comfortable double-digit lead narrow to just …
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Smarkets customer pockets £165k as Trump defies election odds
Smarkets betting exchange has revealed that one of its customers pocketed £165,000 after successfully trading on the US presidential race. Having been given just a 10% chance of success midway through the election night, Republican candidate Donald Trump secured victory in the race to the White House after a shock victory in Wisconsin put him over the required 270 electoral college …
Read More »Paddy Power counts the costs of its early Clinton payout
Paddy Power has suffered its biggest ever political payout, after being hit for over $4.5 million by customers who backed Donald Trump to become the 45th US President. The Irish bookmaker is counting the costs of its decision to pay out £800,000 on a Hillary Clinton victory back in October. Aided by the reopened FBI investigation into Clinton’s use of …
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