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Paddy Power’s $1 Million Gamble Backfires as Trump Upsets Odds

  • Irish bookmaker paid out early on Clinton win last month
  • Paddy Power facing biggest political payout in 28-year history
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Donald Trump's Path to Victory Over Hillary Clinton

Irish bookmaker Paddy Power’s decision to pay out $1 million to customers who bet on a Hillary Clinton victory backfired, as Donald Trump was elected U.S. president in a surprise win.

Clinton was a “nailed-on” certainty to get to the White House, Paddy Power said last month, putting her odds of victory at that point at 86 percent.