Bookmakers lose millions because of outcome American presidential election
Date: 15-11-2016 | Posted in: News
Some bookmakers have lost millions of dollars to people who placed a bet on Donald Trump as the future president of the United States. For example, bookmaker Paddy Power lost 4,5 million dollars in total.
Rough election night
Most people put their trust in Hillary Clinton as the next American president. According to casino William Hill, one person placed a bet of € 550.000 on the Democratic candidate. So he or she probably had a very rough election night!
Millions of dollars pay out
The outcome did not only surprise gamblers, but also the bookmakers. Just a few weeks ago they paid 1,1 million dollars to people who placed a bet on Hillary Clinton. According to the bookmakers she had a chance of 85 percent to win. After the election they also had to pay out 3,5 million dollars to those who placed a bet on Trump.
Not only Donald Trump had the best night of his life on November 8. A person from Spreadax placed a bet of £ 200.000 pounds, and is now £ 500.000 pounds richer. A guy from Cornwall has won £ 100.000 pounds by placing 30 bets on Trump.