Betting sites see record wagering on U.S. presidential election

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Betting sites see record wagering on U.S. presidential election

By Amy Tennery NEW YORK (Reuters) – The raucous, passionate and unpredictable 2016 U.S. presidential election is on track to notch another distinction: the most wagered-upon political event ever. With many opinion polls showing a tight race just one day before Tuesday's election, record numbers of bettors are pouring millions into online platforms from Ireland to Iowa in the hope of capturing a financial windfall from a victory by Democrat Hillary Clinton or Republican Donald Trump. UK-based internet betting exchange Betfair said on Sunday its "Next President" market was set to become the most traded it had ever seen and expected to surpass even Brexit, the contentious UK referendum to leave the European Union.
U.S. presidential candidates Hillary Clinton and Donald Trump speak at campaign rallies in a combination of file photos

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12 comments on “Betting sites see record wagering on U.S. presidential election

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