Trump V Harris - Potus Election Night UK Odds
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❑ 2024 Potus Betting Update: Reported $85M Winner On Trump Via Exchange Markets
A French trader, known by the pseudonym "Theo" ~ reportedly amassed approximately $85 million by betting on Donald Trumps victory in the 2024 U.S. presidential election through the crypto-based prediction platform Polymarket.
❖ Who is Theo?
Theo is a French national with a background in banking and trading. He allegedly managed multiple Polymarket accounts ~ such as Fredi9999 ~ Theo4 ~ PrincessCaro ~ Michie ~ to place substantial bets on Trumps success.
His strategy involved using an unconventional polling method known as the "neighbour method" ~ which assesses voter preferences based on their neighbours rather than direct questioning by pollsters via arguably anti Trump broadcasters like CNN. This approach aimed to account for the "shy Trump voter effect," where individuals might be reluctant to disclose their true voting intentions.
❖ Betting Strategy and Market Impact
Theos significant wagers, totaling over $70 million, were placed on Trumps anticipated victories in key battleground states and even the popular vote.
These large bets influenced the odds on Polymarket, at times causing Trump's chances to spike to 99% due to the platform's order book mechanics. Despite concerns about potential market manipulation ~ Polymarket's internal investigations found no evidence of such activities.
❖ Regulatory Scrutiny
The mind boggling magnitude of Theo's bets has attracted attention from regulatory bodies. In France, the National Gaming Authority (ANJ) is investigating the legality of such large scale betting activities on platforms like Polymarket.
❖ Broader Political Betting Landscape
The 2024 U.S. presidential election saw unprecedented activity on betting platforms. Polymarket reported a total betting volume of over $3.3 billion, surpassing the combined fundraising totals of both presidential campaigns. Additionally ~ the Betfair Exchange in the UK matched over £300 million in bets related to the election.
Theo's substantial win exemplifies the growing influence of prediction markets and the significant financial stakes involved in political betting.
❑ Up Way Too Late Watching The American Election Results Come In?
I am up watching the American election results like as if it's important. It's US Reality TV to me, has been since Trump decided to run for Potus. Entertaining for sure, it definitely beats Big Brother or Love Island. It doesn't beat Celebrity Get Me Outta Here and Britain's Got Talent though, just so you know..Listening to the likes of James O'Brien's leftwaffe propaganda on LBC, playing up the "Trump is a fascist" line from his bully pulpit, even though the Don started no wars and stepped into North Korea without an army for example, makes for some light entertainment during breakfast.
Kamala seems nice and fluffy, when she's not jailing stoners that is. Not really your traditional presidential material to be honest, but then neither is Trump. Old Donald couldn't believe his luck when she got the Dem's nomination. They should have put up Shifty Schiff. He's nearly as slippery as the Trumpster...
Current USA Election Betting Position In The UK:
The odds on a Donald Trump victory are shortening as the first of the Potus results come in. Trump has shortened a bit to
I wouldn't like to bet on who is going to win. Cheers, Sandracer
UK Bookies Odds For USA President 2024
Price Updates: (1.50am) (3.10am) (6.51am)
Betfair Exchange Odds For USA President 2024
💰 Total Amount Staked Per Candidate ↙
Related Post: Joe Biden Punters Lost £8m On A Non Runner
#Last Page Update: Sat May 24, 2025
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