Biden has won the election. The bookmakers too.

Biden has won US Presidential Election 2020. Approx 517 mln USD was wagered on Trump v. Biden in total. Trump got 60% bets (at 150 best price). Bookies keep approx up to 200 mln USD. #bidenharis2020 #Election2020results

Odds (best price) and key figures:

  • Biden odds – 1.6
  • Trump odds – 2.5
  • 59% bet on Trump
  • Total amount bet is 500 mln USD

Biden won. How much bookies keep? Calculation:

Biden bettors bet: 500 mln – 60 % = 200 mln

Biden bettors get: 200 mln x 1.6 = 320 mln

Left for bookies: 500 mln – 320 mln  = 180 mln

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