Visit Insider's homepage for more stories.īettors who wagered thousands of dollars that President Donald Trump would win the 2020 presidential election are now planning legal action against at least one online gambling site for their return, according to a report published by The Daily Beast.Įuropean bettors told the publication they bet money on a major online gambling service called Betfair in favor of Trump winning reelection. Following the Electoral College votes being cast, that candidate is clearly Joe Biden," Betfair said in a statement. "The Next President market rules stipulated that we would settle the market on the candidate that had the most projected Electoral College votes. People who bet thousands of dollars in favor of President Donald Trump winning reelection are now planning legal action against online gambling sites, according to a report by The Daily Beast.Īccording to The Daily Beast, some European bettors still have hope that Trump has a fighting chance to be victorious and are calling out Betfair - a major online gambling site - for ending bookings after President-elect Joe Biden cemented his win by receiving more than 270 Electoral College votes.
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