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Brave punter puts £500k on Joe Biden to win US election in record-breaking bet

A daring punter has put £500,000 on Joe Biden to win the US election – the biggest bet of the campaign so far.

The Democrat nominee is favourite at 8/15, while President Donald Trump is at 15/8, according to Betfair Exchange.

With those odds, the gambler will get returns of £775,000 if successful.

The top 10 biggest bets have all been placed for Biden, as heavyweight political traders come out in force behind the Democrat winning.

However, more total money has so far been bet on Trump (£83m) than Biden (£74m).

Betfair spokesman Sam Rosbottom said: “A customer has just placed a record-breaking £500k bet on Joe Biden on Betfair Exchange at 8/15 odds, breaking records for this campaign.

“The wager is the latest significant stake on a Biden win and as far as one political bettor is concerned at least, the Democrat challenger has never been in a stronger position for victory.”

Biden and Trump faced off in the final debate on October 22 before the November election.

According to a CNN Instant Poll, 53% of voters said Biden won the clash.

The pair again debated the coronavirus crisis, race, Biden’s son’s business dealings, and Trump’s tax records.

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At one point, Trump claimed: “I am the least racist person in this room.”

Biden then responded: “Abraham Lincoln here is one of the most racist presidents we've had in modern history.

“He pours fuel on every single racist fire. This guy has a dog whistle as big as a foghorn.”

Biden is comfortably polling ahead of the Republican, with just 11 days to go until the election.

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