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LiberalArkie

(19,815 posts)
Tue Dec 15, 2020, 08:46 PM Dec 2020

Trump supporters rage after losing hundreds of thousands in political betting markets

December 15, 2020



On Tuesday, The Daily Beast profiled Trump supporters who sunk huge amounts of money into political betting markets on their candidate to win — and, now starting to realize that money isn’t coming back, are convinced they were cheated by voter fraud as well as the president.

Most of these Trump supporters are located in Europe and Asia, as the United States mostly outlaws gambling on political elections — but their financial incentive has fully devoted them to the cause all the same.

One of these Trump betters, a British woman based in Amsterdam identified only as “Helen,” actually bet more money after the election was called for Joe Biden, believing the president when he said the election was plagued with fraud and would be overturned.

“Had Trump won re-election, Helen would have won nearly 2.7 million euros, according to screenshots of her Betfair account,” reported Kelly Weill. “But Betfair and other gambling sites closed the books on their 2020 presidential betting on Monday, after the Electoral College certified Biden’s victory. Now Helen, who says she’s lost approximately €140,000 and believes the election results will be overturned, is joining other bettors in accusing gambling sites of wrongly calling the election for Biden.”

Snip

https://www.rawstory.com/2020/12/trump-supporters-rage-after-losing-hundreds-of-thousands-in-political-betting-markets/

45 replies = new reply since forum marked as read
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Trump supporters rage after losing hundreds of thousands in political betting markets (Original Post) LiberalArkie Dec 2020 OP
So one person bet more money on Trump AFTER the election was called for Biden? SouthernCal_Dem Dec 2020 #1
Fuck if these markets are that inefficient, I should have bet there. Lucky Luciano Dec 2020 #15
I was watching a betting site, on Nov 6 Trump was down to 7 but jumped to 17 days later Hamlette Dec 2020 #25
Even after States Certified their Results Last Week, Trump Bettors Still were Buying at 12-15% Stallion Dec 2020 #42
LOSERS -- Get a brain. NCjack Dec 2020 #2
So Sad, Helen... It's what you get Cha Dec 2020 #3
Maybe they should have followed the polls .. CatMor Dec 2020 #4
Shouldn't have closed their books central scrutinizer Dec 2020 #5
That's my thought rpannier Dec 2020 #20
Unbelievable. 58Sunliner Dec 2020 #6
bought at 6/4 - thanks - and Merry Christmas! oioioi Dec 2020 #7
I have a bridge in Brooklyn that some of those people may like as an investment opportunity. TeamPooka Dec 2020 #8
Sucker born everyday. GulfCoast66 Dec 2020 #9
#GriftOfTheMAGA alterfurz Dec 2020 #10
Where do I send my money? GopherGal Dec 2020 #29
Hahahahahahahahaha not fooled Dec 2020 #41
I hope they lost more than they can afford Progressive dog Dec 2020 #11
The can join allthe avid berttors in Vegaswho KEW they were on a winning streak & napi21 Dec 2020 #12
Feb 2021 -Trump family (including Donald) reveals they bet against him via proxies. keithbvadu2 Dec 2020 #13
Morans Kittycow Dec 2020 #14
Thank you :) mdbl Dec 2020 #16
I didn't know this amount of stupidity existed outside of the US. brush Dec 2020 #17
Fools and their money. paleotn Dec 2020 #18
And yet, Trump's lawyers cited to the betting markets as evidence that the result was wrong. TomSlick Dec 2020 #19
That particular claim of his gave me a huge chuckle. thenelm1 Dec 2020 #31
That was not my response but I get it. TomSlick Dec 2020 #34
Wow! Rebl2 Dec 2020 #39
Probably Russian gambling sites infullview Dec 2020 #21
I bet that hurt. nt Xipe Totec Dec 2020 #22
..... ailsagirl Dec 2020 #23
Let me bask in the observation - they aren't going to learn risk management from Trump bucolic_frolic Dec 2020 #24
It's called a stupid tax. Demobrat Dec 2020 #26
This is so removed birdographer Dec 2020 #27
I hear you Deuxcents Dec 2020 #35
That explains the claims that a Biden victory would have lots of people losing their lifes savings. Lancero Dec 2020 #28
Guess Helen got Art Of The Deal'd! Initech Dec 2020 #30
🤣🤣🤣🤣 Rebl2 Dec 2020 #37
Well, that explains everything... AmyStrange Dec 2020 #32
That's what happens when you bet on a loser! WVreaper Dec 2020 #33
Play stupid games, win stupid prizes. DinahMoeHum Dec 2020 #36
Ah, when their fake world and our real world collide Mr. Ected Dec 2020 #38
Sick of winning yet? Aussie105 Dec 2020 #40
Helen is so stupid, it hurts. She's not even subjected to the RW noise machine here Vivienne235729 Dec 2020 #43
I got a 20% return on such a site after accounting for fees. David__77 Dec 2020 #44
Some fools think they are as good at grifting as Trump. They lose too! KY_EnviroGuy Dec 2020 #45

SouthernCal_Dem

(967 posts)
1. So one person bet more money on Trump AFTER the election was called for Biden?
Tue Dec 15, 2020, 08:49 PM
Dec 2020

Fool.
Money.
Easily.
Parted.

Hamlette

(15,556 posts)
25. I was watching a betting site, on Nov 6 Trump was down to 7 but jumped to 17 days later
Tue Dec 15, 2020, 10:19 PM
Dec 2020

I was watching because I was afraid we would lose and was checking everywhere to see what was happening. The louder Trump screamed he won, the higher his odd went as his supporters placed their money.

Idiots

Stallion

(6,642 posts)
42. Even after States Certified their Results Last Week, Trump Bettors Still were Buying at 12-15%
Wed Dec 16, 2020, 12:44 AM
Dec 2020

I've been following on Predictit-it was great comedy watching delusional Dumpsters up to the current date. I'm not a gambling but some Democrats were able to win "free money" off these guys

CatMor

(6,212 posts)
4. Maybe they should have followed the polls ..
Tue Dec 15, 2020, 08:56 PM
Dec 2020

cant believe those idiots think they'll win at gambling, on such a loser as trump no less.

rpannier

(24,927 posts)
20. That's my thought
Tue Dec 15, 2020, 09:53 PM
Dec 2020

I'd keep them open. Those people are stupid enough to keep sending him money to fight on, they'll probably spend a ton of cash on the race being overturned
Unless the law required it, if I owned one of those businesses, we'd still be open

 

TeamPooka

(25,577 posts)
8. I have a bridge in Brooklyn that some of those people may like as an investment opportunity.
Tue Dec 15, 2020, 09:06 PM
Dec 2020

alterfurz

(2,682 posts)
10. #GriftOfTheMAGA
Tue Dec 15, 2020, 09:10 PM
Dec 2020

OTOH, as Jeff Tiedrich has noted, "a lottery where the winner gets to slap the handcuffs on Donald Trump could erase the national debt."

Runner-up gets to punch Mitch the Toad right in his inflatable throat-sac.

GopherGal

(2,908 posts)
29. Where do I send my money?
Tue Dec 15, 2020, 10:42 PM
Dec 2020

If I won, I might gift the privilege to Hillary.
If I was runner-up, I might delegate the privilege of punching Mitch to Nancy Pelosi.

napi21

(45,806 posts)
12. The can join allthe avid berttors in Vegaswho KEW they were on a winning streak &
Tue Dec 15, 2020, 09:16 PM
Dec 2020

bet all they had on a little ball rolling aroud a wheel. They too are now penniless A& homeless!

keithbvadu2

(40,915 posts)
13. Feb 2021 -Trump family (including Donald) reveals they bet against him via proxies.
Tue Dec 15, 2020, 09:25 PM
Dec 2020

Feb 2021 -Trump family (including Donald) reveals they bet against him via proxies.

Cleaned up.

 

brush

(61,033 posts)
17. I didn't know this amount of stupidity existed outside of the US.
Tue Dec 15, 2020, 09:46 PM
Dec 2020

Who knew there are people with magat-level-idiocy abroad.

TomSlick

(13,014 posts)
19. And yet, Trump's lawyers cited to the betting markets as evidence that the result was wrong.
Tue Dec 15, 2020, 09:52 PM
Dec 2020

Trump's lawyers are no smarter than his supporters.

thenelm1

(912 posts)
31. That particular claim of his gave me a huge chuckle.
Tue Dec 15, 2020, 10:59 PM
Dec 2020

He made the claim that because some bookies made him the favorite in the race and that he didn't win was evidence of fraud!! Yes, he, and apparently some of his lawyers, are that dumb. (I someone posted that article here a week or so ago.)

bucolic_frolic

(55,171 posts)
24. Let me bask in the observation - they aren't going to learn risk management from Trump
Tue Dec 15, 2020, 10:18 PM
Dec 2020

Rigid-minded fools don't run insurance companies, nor bet over their heads on uncertain outcomes.

Fell the burn, AH's. You EARNED it!

birdographer

(2,937 posts)
27. This is so removed
Tue Dec 15, 2020, 10:34 PM
Dec 2020

from my life I don't actually have a comment. Except that this is so removed from my life.

Deuxcents

(26,946 posts)
35. I hear you
Tue Dec 15, 2020, 11:01 PM
Dec 2020

Never heard of this. A fool n his money just doesn’t get it with me. Morons, maybe. I don’t know.while millions are fighting for their very lives.,their jobs, their homes, their kids, and on and on and now these people? I’m getting old ..

Lancero

(3,276 posts)
28. That explains the claims that a Biden victory would have lots of people losing their lifes savings.
Tue Dec 15, 2020, 10:36 PM
Dec 2020
 

AmyStrange

(7,989 posts)
32. Well, that explains everything...
Tue Dec 15, 2020, 10:59 PM
Dec 2020

-

The trumpet must've bet on himself too, because that's the only SANE reason I can think of that would explain his OUTRAGE at losing!!!
==============

Mr. Ected

(9,714 posts)
38. Ah, when their fake world and our real world collide
Tue Dec 15, 2020, 11:27 PM
Dec 2020

They lose the money they bet.

They lose the lawsuits they file.

They go to jail for their crimes.

Tell me again, fools: which is the fake reality?

Aussie105

(7,929 posts)
40. Sick of winning yet?
Tue Dec 15, 2020, 11:46 PM
Dec 2020

If you are oblivious to the mess Trump made over 4 years . . .

If you have taken no notice of the dissent out in the streets . . .

If you still worship Trump enough to bet on him:

Then you have a multilayered problem.

1. Lack of hindsight, foresight and intelligence.
2. A slap on the face and your bank account.
3. A sinking feeling your world has been ripped apart.
4. You have a gambling problem.

Go see a shrink, money is less important than your reality distorting psychosis.

Vivienne235729

(3,748 posts)
43. Helen is so stupid, it hurts. She's not even subjected to the RW noise machine here
Wed Dec 16, 2020, 01:54 AM
Dec 2020

And still managed to get shit on from across the pond. You'd think she wouldn't rely on just the frantic unhinged screechings of a madman when plopping down €150,000. I just don't understand how people can be THIS gullible.

David__77

(24,740 posts)
44. I got a 20% return on such a site after accounting for fees.
Wed Dec 16, 2020, 02:07 AM
Dec 2020

I saw such dedicated betting for outlandish Trump-friendly scenarios (like that Trump would win New Hampshire) I got into the markets in October.

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