There’s just under a month left to go until the UK general election and, so far, the British public have wagered a whopping £12.5m on who they think will come out on top.
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00:00 Whenever there's anything big happening in Westminster or Washington as well, we're noticing
00:07 the political betting markets over on the Betfair Exchange really coming to life.
00:12 They're absolutely red hot at the minute with just less than a month to go until the UK
00:17 general election.
00:18 So far, around £12.5 million has been wagered on the UK general election alone.
00:25 Incredibly popular.
00:26 Back in 2019, we saw £50 million staked on the UK general election.
00:32 And actually, when we look four years ago at the US election, it became the single biggest
00:38 betting event of all time, with £1.7 billion wagered on that outcome, who would be the
00:46 next president.
00:47 So we're seeing political betting becoming more and more popular.
00:51 People want to have their say on who they think will win, whether that's the UK general
00:57 election or the US election.