Today could be the start of a new presidency in the United States and online gamblers love election day.
The 2020 Presidential Election has become the biggest political gambling event of all time, with the 2016 election coming in second place.
So who is favoured to win?
This year, Joe Biden is the clear favourite on sites like Betway and Betfair U.K. with his odds sitting at -200 on Betway (if you place down $100.00, you would profit $50.00 to be at a total of $150.00) whereas the current president, Donald Trump is at +140 on Betway (if you place $100.00, you profit $140.00 to be at a total of $240.00)
These websites accept bets right up until the event begins, and they are still seeing bets pour in right now. One bold gambler on Betfair U.K. even put down £1-million, to win £1.5-million should Joe Biden win the election.
Betting on single event outcomes is technically illegal in Canada, as you can only bet on parleys here, so the bets made on this election are coming from other places around the world, the United States included.
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