A MYSTERIOUS gambler who goes by the name “Trump Whale” made almost $50 million dollars after placing incredibly accurate bets on the US election.
The wealthy Frenchman wagered Donald Trump would bag astonishing gains after conducting his own polls using the obscure “neighbour method”.
Donald Trump declaring victory early Wednesday morning after sweeping electoral college gains
Vice President Kamala Harris during her speech yesterday where she conceded the win to Donald Trump
Donald Trump supporters cheer and watch on as he takes the stage on Wednesday morning
Calling himself “Théo”, the former trader placed a range of bets on Polymarket, a crypto platform, under four anonymous accounts.
He described his wager as a bet against inaccurate polls – which were proved sorely wrong when Trump rose to victory against Harris – The Wall Street Journal reports.
Théo used his mathematical talents to pick apart US surveys and said mainstream polls failed to take into account the “shy Trump voter effect”.
Meaning Trump supporters who didn’t want to answer polls truthfully because of pushback or embarrassment – or wouldn’t fill out the surveys at all.
Théo pivoted to data where Americans were asked who their neighbours might vote for – to avoid people hiding their true plans whilst giving them another option to express support for Trump.
He analysed several September polls using this method versus the more traditional ones.
The neighbour polls showed much more support for Trump – and Théo even carried out his own surveys using the same method.
He paid a major pollster company to gather figures using the neighbour effect and told the Journal the results “were mind blowing to the favor of Trump!”
Théo predicted that Trump would not only flip the blue battleground states of Pennsylvania, Michigan and Wisconsin – but also bag the popular vote.
He told the outlet: “I am very happy and confident for my bet!” late on Tuesday as Trump was scooping up support in Florida.
The trading expert said his bets were placed with his own money, a plan to turn a big profit and “absolutely no political agenda”.
Wall Street hit a record following Trump’s win – with the US stock market opening at an all-time high.
Crypto-currency Bitcoin also soared to new heights and the dollar increased too after Trump’s win.
Trump himself has relied heavily on economic policy in securing his win.
He aims to cut taxes, prices, hike tariffs and extend all individual income and estate tax cuts he introduced in 2017.
Trump has also suggested he would axe the cap on state and local tax deductions.
Current President Joe Biden is set to address the country for the first time this afternoon following Trump’s landslide win.
Kamala Harris officially conceded the loss to him on Wednesday afternoon, giving a heartfelt speech about her staggering defeat.
Her husband Doug Emhoff, VP pick Tim Walz and stepchildren looked emotional and teary-eyed in the crowd as they watched on.
She told the crowds: “I know folks are feeling and experiencing a range of emotions right now.
“We must accept the results.
“We will continue to wage this fight in the voting booth, in the courts and the public square,” she added.
AFPScores of shocked and disappointed Democrat supporters in DC on Tuesday[/caption]
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