On West 12th Street across from the Erie International Airport, Steven Lantz-Gordon, 24, at left, of Harborcreek Township, waves a flag in support of President Donald Trump near David Oberg, 60, at right, of Grand Valley, who raises a flag in support of Democratic presidential candidate and former Vice President Joe Biden during a rally held by Trump, Tuesday, Oct. 20, 2020, at Erie International Airport, Tuesday, Oct. 20, 2020, in Millcreek Township, Pa. (Christopher Millette/Erie Times-News via AP)

On West 12th Street across from the Erie International Airport, Steven Lantz-Gordon, 24, at left, of Harborcreek Township, waves a flag in support of President Donald Trump near David Oberg, 60, at right, of Grand Valley, who raises a flag in support of Democratic presidential candidate and former Vice President Joe Biden during a rally held by Trump, Tuesday, Oct. 20, 2020, at Erie International Airport, Tuesday, Oct. 20, 2020, in Millcreek Township, Pa. (Christopher Millette/Erie Times-News via AP)

B.C. bettors expected to make record-breaking bets on U.S. presidential election

Play Now is expecting to smash betting odds history

The 2020 U.S. Election is having a trickle effect is being seen across the border when it comes to British Columbians who love a good bet.

Ten-thousand bets are expected to be placed through BC Lottery Corporation’s Play Now platform by the time Americans head to the polls and make their vote heard on Nov. 3.

This is expected to be the single-most popular betting event in B.C. history. BCLC said in a news release Tuesday (Oct.27).

It’s no coincidence that British Columbians are set to pay attention to the upcoming 2020 election: The 2016 U.S. Election currently holds the record, with approximately 7,200 bets.

Nearly 3,000 bets totaling more than $1.4 million, or 68 per cent of the wagers, have been placed on Republican leader Donald Trump heading into Super Tuesday. If he wins, the potential combined payouts to all PlayNow.com players who wagered on Trump to win total more than $3.4 million. Trump’s current odds are 2.35, which means for every $100 someone bets, if right they will yield $235 – or a $135 profit.

Bettors who backed Joe Biden stand to win some huge profits if the Democrats win. The 1,484 bets totaling more than $622,000 (or 29 per cent of the wagers) translate to a combined potential payout of more than $1 million. Biden’s current odds are 1.58.

To date, an estimated 12,000 bets totaling approximately $3 million have been placed on the U.S. election in 2020.

That makes it more popular than betting events any Super Bowl, Stanley Cup playoffs or NBA playoffs.

Drastic change has happened over the last two months since both Donald Trump and Joe Biden hit the campaign trail.

Biden began the election with a four out of five likelihood of winning. Biden now sits at a 10 out of 19 odd favourite.

Trump on the other hand had 51 out of 50 odds, changing over the last two months to 33 out of 20.

BCLC’s Play Now was the first jurisdiction in Canada to offer novelty betting on the U.S. election in 2014.

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Donald TrumpJoe BidenU.S. election

Just Posted

Patrick OLeary won $1 million in the March 24 draw of the Lotto 6/49. (BCLC image)
Sooke man cashes $1-million lottery ticket

The excavator operator had to look twice to confirm the win

These are just a handful of Vancouver Island’s missing person cases. Clockwise from top left: Lisa Marie Young, Lindsey Nicholls, Micheal Dunahee, Jesokah Adkens, Belinda Cameron and Emma Fillipoff. (File photos courtesy of family members and police departments)
Gorge skull fragment could bring closure to one Greater Victoria missing person case

Skeletal remains found in Greater Victoria have not yet been identified

According to Statistics Canada, Greater Victoria’s unemployment rose half a per cent to 6.2 per cent in April 2021 compared to the previous month. (Black Press Media File)
Unemployment in Greater Victoria continues to rise

April figures peg local unemployment at 6.2%

Victoria police will be working to arrest as many people with active warrants as possible during #VicPDWarrantWednesday May 12. (Black Press Media file photo)
Victoria police aim to make sweeping arrests during #VicPDWarrantWednesday

Officers working to locate people with active arrest warrants

Mayor Stew Young presents the new park plan for Station Avenue in Langford’s downtown core. (Zoe Ducklow/News Staff)
Langford’s Station Avenue corridor getting its park

Dog park, food trucks and more in the works for railway land

B.C. Labour Minister Harry Bains in the B.C. legislature, May 13, 2019. (Hansard TV)
VIDEO: B.C. to provide 3 days of sick pay for COVID-19 absences

Province will support employers on cost, labour minister says

Children walk back to their classroom while wearing masks and physical distancing at St. Barnabas Catholic School in Scarborough, Ont., in October, 2020. A group of B.C. teachers has issued an open letter calling for the relaxation of non-pharmaceutical interventions for children in B.C. schools. (Nathan Denette/The Canadian Press)
Group of B.C. teachers calls for easing of pandemic measures for students

Teacher group says ‘response to COVID is out of balance to the cost our youth are paying’

Adam Hamdan has been living in Christina Lake since November 2020. Photo: Laurie Tritschler
Man acquitted on terrorist charges given temporary residence in Canada

Adam Hamdan had been facing deportation to Jordan, where he holds citizenship through his Palestinian parents

Lumber is shown in the back of a van in this recent image provided by the Saskatoon Police Service. The skyrocketing prices for lumber is fuelling a trend that has authorities across the country warning builders to keep their guard up. THE CANADIAN PRESS/HO-Saskatoon Police Service-Const. Derek Chesney *MANDATORY CREDIT*
‘It is a gold mine:’ Builders warned of rising lumber thefts across Canada

Many North American mills curtailed production temporarily earlier in 2020 because of COVID lockdowns

RCMP arrested a man in north Nanaimo who wound up empty-handed after allegedly failing at shoplifting, bank robbery and robbery at ATM machine. (File photo)
Man arrested in Nanaimo after failed attempts at bank robbery, ATM mugging, shoplifting

RCMP cuff suspect in office-supply store after ‘short-lived crime spree’

RCMP. (Black Press File)
Major Crimes called in after 2 bodies discovered on remote road near Penticton

A manhunt involving a police helicopter took place on May 10

Vancouver court on Tuesday, March 23, 2021. THE CANADIAN PRESS/Darryl Dyck
Defence lawyers call foul as Crown counsel granted access to COVID-19 vaccines

Defence attorneys are pushing the province to extend inoculation access to workers in courtrooms across B.C.

OPINION SIG
EDITORIAL: Kindness can help us all cope with COVID fatigue

We need to take a deep breath or two and cut everyone a little slack.

Most Read