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
We did it, @JoeBiden. pic.twitter.com/oCgeylsjB4
— Kamala Harris (@KamalaHarris) November 7, 2020
