American elections are the hot topic in the world now. The betting figures are dropping the jaws of many.
Right now about Rs 7500 Cr (USD 1 Bn) is at stake by thousands of luck-warriors around the globe.
The head of political betting at British Sports and Gambling Firm GVC reveals that double the amounts of 2016 Presidential elections are at stake now.
The betting is high on Trump's win and it is astonishing as per the sources. Republican Party candidate Donald Trump is anyway facing a tough challenge from his Democratic opponent Joe Biden.
“It might be the biggest ever market on anything pretty much and outstrip football worldwide. I guess a billion pounds ($1.3 billion) is being bet", the head of a political betting said.
On a whole the present betting is being described as the world's biggest betting event.
Interesting part is that 70% of betting is on Trump's win. Many may be doing so only because, second term is commonly extended for the same candidate in majority cases.
But on the contrary the winning chances for Trump as per the bokkies is ranging between 10% to 35% while for Joe it is 65%.
Well, nothing can be predicted so perfectly. Anything may happen at the end.