“You can’t overestimate how big the president’s profile is in the UK.
The greatest bet on any UK election was the £113 million on the 2016 Brexit vote.īetfair is predicting the amount wagered for the US election will ultimately top £400 million. The amount of money wagered on this year’s US election already tops the previous record of the £199 million bet on the Trump-Clinton race four years ago. The London-based company operates the world’s largest online betting exchange.Īmericans can now legally wager on sporting events in many states, but it’s illegal to wager on elections, either here or in the UK. Americans aren’t the only ones obsessed with next Tuesday’s vote.īritish bettors are wagering a record amount of money on the US presidential election, dwarfing the amount wagered on any sporting event or even their own nation’s politics.Īs of Wednesday morning, £220 million, or about $284 million, had already been wagered on the Betfair Exchange, said Darren Hughes, a spokesman for Betfair.