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packman

(16,296 posts)
Thu Jan 10, 2019, 11:32 AM Jan 2019

Gamblers Made $270,000 Betting That Trump Would Lie a Bunch in His Address


"We knew we were in trouble early with this one," a bookmaker said.


An online gambling house called BookMaker took bets on how many "false statements" Trump would make in his eight-minute speech, with the over-under set at 3.5. BookMaker's odds consultant, John Lester, told the New York Daily News that the site intentionally avoided calling them "lies," so it wouldn't have to "prove that the President is intentionally misleading the public."


The answer, according to the Washington Post, was a lot. Over the course of his short address, Trump reportedly dropped eleven untruths, from misrepresenting the new trade deal with Mexico to claiming that a wall will stop the flow of heroin across the border, even though 90 percent of drugs are smuggled through legal ports of entry.

Now, BookMaker has to shell out a reported $276,424 in total wins. "It's a bad day for Truthiness and Bookmaker," Lester told BuzzFeed. "We knew we were in trouble early with this one."


https://www.vice.com/en_us/article/ev3eq7/people-bet-on-how-much-trump-would-lie-address-make-270000-vgtrn?utm_source=vicetwitterus
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Gamblers Made $270,000 Betting That Trump Would Lie a Bunch in His Address (Original Post) packman Jan 2019 OP
I'm sure BookMaker made more than the 276k they shelled out. JustABozoOnThisBus Jan 2019 #1

JustABozoOnThisBus

(23,384 posts)
1. I'm sure BookMaker made more than the 276k they shelled out.
Thu Jan 10, 2019, 11:37 AM
Jan 2019

They must have suckered a bunch of Trump's base to bet on one or zero lies.

Otherwise, they wouldn't be in business very long.

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