• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Bookmaker Bashed by Brexit II

Bookmaker Betway are reporting multiple pay-outs of hundreds of thousands of pounds at big odds in what has been dubbed Brexit II for the gambling industry. Early reports suggest the Trump win could be a worse result for the bookies than Brexit and Leicester winning the Premier League. Betway’s Alan Alger, said: “After Leicester winning the […]

Jack Peat by Jack Peat
2016-11-09 12:00
in News, Politics
FacebookTwitterLinkedinEmailWhatsapp

Bookmaker Betway are reporting multiple pay-outs of hundreds of thousands of pounds at big odds in what has been dubbed Brexit II for the gambling industry.

Early reports suggest the Trump win could be a worse result for the bookies than Brexit and Leicester winning the Premier League.

Betway’s Alan Alger, said: “After Leicester winning the League at monster odds and punters cleaning us out in the late hours of the Brexit vote, we could have done without Donald Trump being given the keys to the White House.

“Our odds fell in line with the polls, keeping Clinton short and luring in just a fistful of big stakes on the Democrat. We were happy to lay the tens and hundreds on Trump at juicy odds and that has hit us hard. Those who went against the experts have collected handsomely.

“Counting the losses at the moment, it looks as though at least 65 per cent of bets placed ahead of polling were on Trump and this could be a worse result for the bookies than Brexit.”

However not all bookmakers have lost out, with Sporting Index reporting a successful US presidential election night with Donald Trump’s win set to result in a six figure profit for the spread betting company.

Ed Fulton, political trading spokesman for Sporting Index, said: “Five months of hard work has gone into our election book, covering all of the scandals, midnight suspensions of markets and more.

RelatedPosts

In Pics: Boris Johnson waxwork appears outside jobcentre as PM quits as Tory leader

James Blunt’s response to ‘Larry the cat’ trying to smoke Johnson out of Downing Street is epic

Kremlin trolls Boris Johnson as he resigns but EU sends message of hope to UK

‘Bye, bye Boris’ song playing in the background of PM’s resignation speech is the finale we all needed

“The most divisive election in history has also proved to be one of the most volatile. While many expected Hillary to walk away with the keys to the White House, we were happy to take her on and that has paid off. The further Trump wins by the better for us.”

Tags: featured

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

“May wanted to sack health secretary last week but was too weak” – winter crisis blows up for PM at PMQs 

Boris Johnson ‘must show leadership’ on inequality and racism in UK

Boris Johnson ‘betrayed’ the fishing industry to get Brexit done – says Express

Zuckerberg Fires AI Butler after catching him on Facebook

How to make a perfect cup of coffee at home

Flashbacks to ’93: The Sandlot

Laura Whitmore has reveals how hubby helps her out with tricky part of beauty regime

The Trojan Horse that is TTIP

Lucky Numbers and Horoscopes for today 14 March 2022

David Davis concedes Brexit withdrawal agreement will favour EU in one key way

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.