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Home ENTERTAINMENT AFRICAN AMERICAN (E)

Streamer’s Chummy Bet on Trump Pays Off $660,000

by huewire
November 9, 2024
in AFRICAN AMERICAN (E), ASIAN (E), ENTERTAINMENT, HISPANIC (E), INDIAN (E), MIDDLE EASTERN (E), NATIVE AMERICAN (E)
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Streamer’s Chummy Bet on Trump Pays Off $660,000
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Adin Ross, the popular Kick streamer who shifted to the platform after a rift with Twitch, a competitor streaming platform, has made news again by winning $660,000 by betting on Donald Trump to become the 47th President of the United States.

Adin Ross Secures Huge Payday from Trump Bet

Declaring a sweeping victory on Tuesday, November 5, the President-elect has now fulfilled the hopes of many bettors, including Ross, who placed $1 million running on Trump to recapture the White House. This said the total payout was $1.66 million.

Ross hurried to share a screenshot of his Bet Slip which was at Stake.com, a popular sports betting website, which is often featured on Kick streams. The win is not exactly surprising either, as Donald Trump’s win has been called by betting companies, including Stake.com, even when traditional polls still showed that the race would be neck-and-neck.

Nothing of the sort came to pass after it became apparent that Trump had won not just by securing the electoral college, but similarly winning the popular vote. This is the first time he has already done it, after two previous elections that always showed him behind his opponents.

Trump’s biggest boost came from disillusioned working-class people of all color and backgrounds who have been fed up with the inflation bout of 2021, and illegal immigration. For Adin Ross, this discontent meant one thing – a six-figure win.

Political Betting Likely to Carry On

In the meantime, political prediction platforms – widely called “betting platforms” by most media outlets – seem poised to become a permanent part of the electoral cycle in the United States.

After the Commodity Future Trading Commission failed to block Kalshi from launching its prediction markets, Polymarket, another platform processed as much as $3.2 billion in the most recent US election.

Political prediction markets have not only pulled ahead in terms of volume, but they have also delivered a remarkably accurate prediction of the election, with the President-elect securing a sweeping win over Vice President Kamala Harris.

No pollster predicted such a drubbing, but then again – most betting operators, including Stake had the odds right. Аs to Ross, he appeared with Trump during the summer on a live stream, offering the 47th President a Rolex watch and a Cybertruck illustrated with Trump victoriously raising a fist after his assassination attempt missed him by a sliver.

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