Your CNN account Log in to your CNN account The 2016 US election garnered £199 million ($261 million), for comparison, while £51 million ($70 million) was bet on the 2017 fight between Floyd Mayweather Jr. The contest has so far attracted £567 million ($744 million) in bets, making it the largest event of any kind in the platform’s 20-year history. The US presidential election has shattered records for Betfair.

The bettor who backed Biden with the third biggest wager in Betfair’s history wishes to remain anonymous, the spokesperson for Betfair said Monday. “Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results.”

“We will only settle the markets when there is certainty around which candidate has the most projected Electoral College votes,” Betfair said in an article posted to its website on Friday evening. President Donald Trump has not yet conceded defeat and he’s continuing to push his attorneys to pursue legal challenges that would delay formal certification of the results. Someone in the UK just put down a million-pound bet on Joe Bidenīets would typically be settled following a result declaration from news networks and a concession speech by the losing presidential candidate, the platform said on Friday. (Photo by Drew Angerer/Getty Images) Drew Angerer/Getty Images Biden is campaigning in Philadelphia on Sunday, in the key battleground state of Pennsylvania that President Donald Trump won narrowly in 2016. Democratic presidential nominee Joe Biden speaks at a get out the vote event at Sharon Baptist Church on Novemin Philadelphia, Pennsylvania.

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