General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump 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 isnt 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 Bidens victory. Now Helen, who says shes 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/
SouthernCal_Dem
(967 posts)Fool.
Money.
Easily.
Parted.
Lucky Luciano
(11,864 posts)Hamlette
(15,556 posts)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)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
NCjack
(10,297 posts)Cha
(319,134 posts)though by being Brainwashed by trump, Sucker.
CatMor
(6,212 posts)cant believe those idiots think they'll win at gambling, on such a loser as trump no less.
central scrutinizer
(12,654 posts)Those fools might still be doubling down.
rpannier
(24,927 posts)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
58Sunliner
(6,331 posts)oioioi
(1,130 posts)TeamPooka
(25,577 posts)GulfCoast66
(11,949 posts)alterfurz
(2,682 posts)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)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.
not fooled
(6,684 posts)"Inflatable throat-sac."
So that's what it is.
Progressive dog
(7,604 posts)Maybe they'll have to pawn a few of their weapons.
napi21
(45,806 posts)bet all they had on a little ball rolling aroud a wheel. They too are now penniless A& homeless!
keithbvadu2
(40,915 posts)Feb 2021 -Trump family (including Donald) reveals they bet against him via proxies.
Cleaned up.
Kittycow
(2,396 posts)mdbl
(8,661 posts)took the word right out of my mouth.
brush
(61,033 posts)Who knew there are people with magat-level-idiocy abroad.
paleotn
(22,224 posts)TomSlick
(13,014 posts)Trump's lawyers are no smarter than his supporters.
thenelm1
(912 posts)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.)
TomSlick
(13,014 posts)Really unbelievable they would say this is evidence 😑
infullview
(1,129 posts)Xipe Totec
(44,558 posts)ailsagirl
(24,287 posts)bucolic_frolic
(55,171 posts)Rigid-minded fools don't run insurance companies, nor bet over their heads on uncertain outcomes.
Fell the burn, AH's. You EARNED it!
Demobrat
(10,299 posts)They have no right to complain, they voted for it.
birdographer
(2,937 posts)from my life I don't actually have a comment. Except that this is so removed from my life.
Deuxcents
(26,946 posts)Never heard of this. A fool n his money just doesnt get it with me. Morons, maybe. I dont know.while millions are fighting for their very lives.,their jobs, their homes, their kids, and on and on and now these people? Im getting old ..
Lancero
(3,276 posts)Initech
(108,785 posts)AmyStrange
(7,989 posts)-
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!!!
==============
WVreaper
(675 posts)DinahMoeHum
(23,610 posts)Mr. Ected
(9,714 posts)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)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)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)I saw such dedicated betting for outlandish Trump-friendly scenarios (like that Trump would win New Hampshire) I got into the markets in October.
KY_EnviroGuy
(14,782 posts)..........