Oddsmaker says U.S. 2020 election is most bet-on event in history

Oddsmaker says U.S. 2020 election is most bet-on event in history

[Ed. – What a surprise.  I suspect we don’t know the half of it, actually.  There’s formal betting – and then there are all the billions – trillions? – in market investment riding on the outcome of America’s vote.  Those are bets too: betting the farm, the future, the kitchen sink.]

British oddsmaker Pete Watt told Mediaite founder Dan Abrams on his SiriusXM radio show that the 2020 election is now “the most bet-on event in history,” having pulled in a staggering $260 million in wagers so far.

Speaking on Abrams’ show on SiriusXM POTUS channel 124 on Wednesday, Watt, spokesman for OddsCheckerUS, said the 2020 election’s handle surpassed the betting pool on the 2016 election earlier this month.

“The 2020 election is the most bet-on event in history,” Watt pointed out. “There’s been over $260 million laid down. Again, for scale that exceeds what was wagered on the last Super Bowl, Kentucky Derby, NBA Finals, and the Mayweather-MacGregor fight put together. …”

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