Market Watch: President Trump’s truthiness makes history as betting site pays out bigly

Winning for losing. 

Donald Trump’s loose grip on the truth just cost one gambling site dearly.

Before the president’s address on border security Tuesday night, Bookmaker.eu put the over/under on the number of lies he’d spew at 3.5. For bettors, it was a no-brainer, as hundreds of thousands of dollars loaded up on the over.

In fact, Bookmaker odds consultant John Lester told MarketWatch that the site has never seen such a lopsided response from its customers.

“Never in our 30-year history have we been this one-sided (9 to 1) on a wager,” he said. “You would have to go back to the early Mike Tyson fights (pre-Buster Douglas) to find a wager with comparable one-sided demand.”

Lester explained that no matter how much he adjusted the odds, hardly anybody seemed interested in taking the under. Smart move, considering the Washington Post found that there were at least six false statements during the address.

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