Dublin punter banks almost €100k off Donald Trump win
A lucky Irish punter won €93,000 after backing Donald Trump to become President of the United States.
Irish bookmaker BoyleSports was at a huge loss after one lucky Dublin punter picked up a tidy €93,000 after backing Mr Trump to win the highly controversial battle to the White House.
The former US Apprentice host entered the race as a rank outsider and stunned commentators and bookies alike as he became the president-elect early yesterday morning.
One man who placed a bet with BoyleSports on Tuesday afternoon will be celebrating the result – having placed a €22,000 bet, split between 7/2 and 3/1 odds.
The head office of bookmaker BoyleSports were notified of the cash bet placed on Trump to win and were satisfied it was not an attempt at money laundering.
The man walked into the Grafton Street office of the betting chain with the vast sum in euro notes and placed the bet.
"The boys looked into it in head office and were satisfied it was legitimate," a spokesman told the Herald.
"He was very confident that Trump was going to win. Whether it was his life savings or money he had come into, he wanted to place on it," he said.
The bookmaker said it was reeling but is "coming to terms" with the fact that Mr Trump will be taking up residency in the White House.
"Just like Brexit, we got it wrong again, resulting in a large six-figure payout on Trump," a spokesperson said.
"Even George Hook had faith in Trump, placing a €200 charity bet on him back in March at 5/1 with the €1,200 winnings going to the IRFU Charitable Trust.
"This is certainly the worst political payout we have ever had and now all we can do is look ahead to 2020 with Trump currently priced at 7/2 to be re-elected then."
Meanwhile, Paddy Power have been hit with a double whammy having paid out early on Hillary Clinton weeks ago.
The bookmaker paid out more than €900,000 to its customers who backed Mrs Clinton. However, the shock result has left the company paying out €4m on the new President.
"We've been well and truly thumped by Donald Trump with his victory, leaving us with the biggest political payout in the company's history and some very, very expensive egg on our faces," a spokesman said.
In the wake of the controversial result, odds have opened on Michelle Obama running for the White House.
The current First Lady is priced at 20/1 while more adventurous gamblers can back rapper Kanye West at 500/1.