But, it doesn't make sense to wager that much on Trump unless you are very well off financially. Right now, nobody can deny that elections could go both ways, I am not going to say that Biden has 100% chance but he does have the "bigger" chance from everything else, and I understand that Trump is also in play and he is very close to Biden, it will not be a race where the winner will be decided right away, it is going to take a while to see who wins and whoever ends up winning I can guarantee that the difference can't be all that huge.
This is why betting 130k dollars on either Biden or Trump would be something silly to do, why risk so much money when you do not know who would be the favorite of the people? Only logical answer could be having tens of millions of dollars and doing this for fun.
It actually makes a lot of sense. Why? In the previous elections, Clinton was projected as the clear winner through all the polls and the popular vote seemed to be in her favor, but majority of the world were shocked to see Trump win in the end by conquering key areas.
This is why many bettors are betting big money on Trump since he has succeeded as an underdog in the past. I feel it's 50-50 at this point between Trump and Biden.