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British Punters Bet £8 Million on US Elections

2 Nov 2004

UNITED KINGDOM – As reported by the South Africa News 24: "British punters have bet £8m (US$14.7 million) on the outcome of the US presidential election, an absolute record surpassing all predictions, bookmakers said on Tuesday.

"'There will be up to £8m gambled on the outcome with British bookmakers, which is double what was bet at the last US election,' said a spokesperson for one of the biggest companies, William Hill: 'This has been the biggest betting foreign election we have ever known'.

"…A Chicago supporter of President George W Bush flew into London to place a $25 000 dollar bet on his choice for President in a William Hill betting shop.

"Bush was still favourite on Tuesday, but last-minute betting shifted in favour of his challenger John Kerry…"

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