A total of £127 million has been wagered through BetFair on the former President beating Kamala Harris to the White House. 

A betting frenzy is expected in the UK today with the betting company predicting the market as a whole will soar to nearly £2billion.   

While pollsters can’t split Trump or Harris, the odds make the Republican the clear favourite to win at 5/8. 

Only £47million of a total £189 million wagered on the BetFair exchange is currently riding on Harris. 

According to the odds, Trump is also the favourite to win five of the seven key swing states: Arizona, Georgia, Nevada, North Carolina and Pennsylvania.

While pollsters can’t split Trump or Kamala Harris, the odds make the Republican the clear favourite to win at 4/6, while the Vice President is 6/4.

Betfair’s Sam Rosbottom said: “The US Election is here, and punters have been heavily backing Donald Trump to win. In fact, the overwhelming majority of money we have taken on the market has been for him, a total of £125m has been staked on the Don.

“While his odds drifted slightly at the weekend, the odds have swung in his favour again and he is now the clear favourite to win at 4/6, while Kamala Harris is 6/4.

“The Vice-President will have to overcome the odds to win the election, something that has only been done once in Betfair Exchange history, if she was to win, she would be replicating her competitor, Donald Trump, who beat the odds to win the election in 2016.

Trump is the favourite in five of the seven that will no doubt determine the outcome of this election. The punters fancy him to win Arizona, Georgia, Nevada, North Carolina, and Pennsylvania, which most commentators believe will be the key with its 19 electoral college votes.