{"id":2400728,"date":"2025-02-09T09:49:02","date_gmt":"2025-02-09T14:49:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/winning-bettor-had-faith-in-trump-made-nearly-85-million-off-november-win\/"},"modified":"2025-02-09T09:52:03","modified_gmt":"2025-02-09T14:52:03","slug":"winning-bettor-had-faith-in-trump-made-nearly-85-million-off-november-win","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/winning-bettor-had-faith-in-trump-made-nearly-85-million-off-november-win\/","title":{"rendered":"Winning Bettor Had Faith in Trump, Made Nearly $85 Million off November Win"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwinning-bettor-had-faith-in-trump-made-nearly-85-million-off-november-win%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2400728&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article\u200c discusses a cryptocurrency bettor\u200b named &#8220;Th\u00e9o&#8221;\u2062 who has \u200cmade notable profits from wagering on Donald Trump&#8217;s chances in the 2024 presidential election. Th\u00e9o\u200b reportedly placed over $30 million \u2064in bets on \u200dtrading platforms like Polymarket, anticipating Trump&#8217;s victory, which resulted in estimated earnings of around $84 \u2063million.Not\u200d only did \u200che bet on Trump defeating Vice President Kamala Harris,but \u2064he also placed bets on\u200b more unlikely outcomes,such as\u200b Trump winning the popular vote \u2062and\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-losing-to-trump-in-states-expected-to-decide-2024-election-poll\/\" title=\"Poll: ... leading Biden in key states for 2024 election.\">key \u2063swing states<\/a> like Pennsylvania,Michigan,and Wisconsin\u2014all of\u2062 which he successfully predicted. <\/p>\n<p>Th\u00e9o, described as a &#8220;whale&#8221; in\u2063 cryptocurrency circles, utilized \u200cvarious anonymous accounts for his bets.He \u2063believes\u2063 that\u2063 polling \u2062data, \u200cparticularly from mainstream media, is biased toward Democrats, leading\u2062 him to trust \u2062his own analyses\u200b and surveys. Although he\u2062 identifies\u200b as \u200dpolitically neutral and solely focused on profit-making, he critiques the credibility of polling practices\u2064 in the U.S. compared to France,where he asserts a higher \u200cstandard for accuracy. The article \u200dhighlights the\u200b potential for Th\u00e9o to\u200b continue betting in\u2062 future elections,\u2063 humorously suggesting he\u200d could amass enough wealth to \u200bbuy multiple yachts or even a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-bill-helping-alaskan-cruise-ships-circumvent-canadian-travel-ban-through-feb-2022-moves-forward\/\" title=\"GOP bill helping Alaskan cruise ships circumvent Canadian travel ban through Feb. 2022 moves forward\">large cruise ship<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>Being bullish on Donald Trump&rsquo;s chances in the 2024 presidential election has made one man a &ldquo;whale&rdquo; &mdash; one rich enough to buy a thousand yachts, give or take.<\/p>\n<p>According to <a href=\"https:\/\/www.foxbusiness.com\/media\/election-bettor-whale-made-much-more-trump-win-than-originally-thought-analysis-shows\" target=\"_blank\" rel=\"noopener\">Fox Business<\/a>, the anonymous cryptocurrency bettor &mdash; who placed massive wagers on Trump on trading platforms that functioned, essentially, as election betting sites &mdash; took home roughly $84 million from his gambles.<\/p>\n<p>The man, simply known as &ldquo;Th&eacute;o,&rdquo; placed bets on crypto exchange Polymarket totaling more than $30 million and predicting a Trump victory.<\/p>\n<p>Just betting on Trump taking the White House over the Democratic nominee, Vice President <a href=\"https:\/\/www.westernjournal.com\/good-msnbc-host-applauds-dnc-chair-candidates-blaming-racism-misogyny-kamalas-2024-loss\/\" target=\"_blank\" rel=\"noopener\">Kamala Harris<\/a>, wasn&rsquo;t what garnered him all the cash, however.<\/p>\n<p>After all, just before <a href=\"https:\/\/www.westernjournal.com\/stay-line-trump-gives-message-voters-election-day-heats\/\" target=\"_blank\" rel=\"noopener\">Election Day<\/a> hit, Trump was a 58.1 percent favorite to win the Oval Office, compared with Harris&rsquo; 41.9 percent.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p>However, &ldquo;Th&eacute;o&rdquo; also made bets that the markets thought were extremely unlikely, according to <a href=\"https:\/\/www.wsj.com\/finance\/how-the-trump-whale-correctly-called-the-election-cb7eef1d\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a>: He bet Trump would win the popular vote, as well as all three &ldquo;blue wall&rdquo; swing states, Pennsylvania, Michigan, and Wisconsin.<\/p>\n<p>Trump won all seven swing states and the popular vote.<\/p>\n<p>&ldquo;Th&eacute;o,&rdquo; who is also known as the &ldquo;Trump whale&rdquo; &mdash; a &ldquo;whale&rdquo; is basically someone who has a huge amount of cryptocurrency, in the terminology of the blockchain world &mdash; used a series of anonymous accounts to place his bets.<\/p>\n<p>However, the Journal first drew attention to his large wagers on Oct. 18.<\/p>\n<p>&ldquo;In dozens of s, Th&eacute;o said his wager was essentially a bet against the accuracy of polling data,&rdquo; the Journal said in a Nov. 6 article. &ldquo;Describing himself as a wealthy Frenchman who had previously worked as a trader for several banks, he told the Journal that he began applying his mathematical know-how to analyze U.S. polls over the summer.<\/p>\n<p>&ldquo;He concluded the polls were overstating support for Vice President Kamala Harris. Unlike most armchair political commentators, he put his money where his mouth was, betting more than $30 million that Trump would win.&rdquo;<\/p>\n<p>Not only that, but he said after the results began rolling in &ldquo;that he had commissioned his own surveys to measure the neighbor effect, using a major pollster whom he declined to name. The results, he wrote, &lsquo;were mind blowing to the favor of Trump!&rsquo;&rdquo;<\/p>\n<p>&ldquo;Public opinion would have been better prepared if the latest polls had measured that neighbor effect,&rdquo; he wrote.<\/p>\n<p>The original estimate of his profit by crypto-tracker Chainalysis initially had his profit at $78.7 million.<\/p>\n<p>A later update, on Nov. 7, put the number at closer to $83.5 million, with another potential $2.1 million profit on the table.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Update: We identified a 10th address associated with &ldquo;Theo&rdquo; which increases the estimated total profit by $4.8M to $83.5M. An 11th address is suspected with another $2.1M profit, but unconfirmed. <a href=\"https:\/\/t.co\/aTLPhikkrF\">https:\/\/t.co\/aTLPhikkrF<\/a><\/p>\n<p>&mdash; Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1854584905776431343?\">November 7, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Nevertheless, &ldquo;Th&eacute;o&rdquo; doesn&rsquo;t describe himself as a <a href=\"https:\/\/www.westernjournal.com\/op-ed-muslim-americans-key-addition-maga-movement\/\" target=\"_blank\" rel=\"noopener\">MAGA<\/a> kind of guy: &ldquo;My intent is just making money&hellip; I have absolutely no political agenda,&rdquo; he said.<\/p>\n<p>Still, he marveled at the Democratic cant of surveys, particularly by the mainstream media. Those polls, &ldquo;in his view, were biased toward Democrats and tended to produce outlier poll results that favored Harris,&rdquo; the Journal reported.<\/p>\n<p>&ldquo;In France this is different!! The pollster credibility is more important: they want to be as close as possible to the actual results. Culture is different on this,&rdquo; he wrote in an .<\/p>\n<p>Well, I hope culture in France also likes multiple yachts on the Mediterranean. According to <a href=\"https:\/\/assetsamerica.com\/how-must-does-it-cost-to-buy-yacht-superyacht\/#:~:text=Average%20Cost%20of%20Yacht,foot%20range%2C%20is%20about%20%24100%2C000.\" target=\"_blank\" rel=\"noopener\">Assets America<\/a>, a preowned, entry-level yacht costs about $100,000, although mega-yachts commissioned new can have a price of $1 million for every 3.3 feet of length. So he can either buy 850 entry-level yachts or one <a href=\"https:\/\/amzn.to\/3YuVZYV\">250-foot mega-yacht<\/a>.<\/p>\n<p>Or, you know, bet against the same <a href=\"https:\/\/www.westernjournal.com\/knew-exactly-trump-wants-iowa-pollster-investigated-huge-election-miss\/\" target=\"_blank\" rel=\"noopener\">biased pollsters<\/a> again four years from now. At that point, maybe our &ldquo;whale&rdquo; will be buying an entire ocean liner &mdash; because, let&rsquo;s face it, after years of polling misses, things don&rsquo;t seem primed for a change.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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As reported by Fox Business, this anonymous cryptocurrency gambler, who made substantial bets on Trump through platforms resembling election betting sites, reportedly earned around $84 million from his wagers. Known simply as &#8220;Th\u00e9o,&#8221; he placed over $30 million in bets on the crypto exchange Polymarket, predicting a Trump victory. However, his earnings didn&#8217;t solely come from betting on Trump against Democratic nominee Vice President Kamala Harris; prior to Election Day, Trump was favored at 58.1% compared to Harris&#8217;s 41.9%. <\/p>\n<p>Th\u00e9o also made bets deemed highly unlikely by market analysts: he wagered that Trump would win the popular vote and all three key swing states\u2014Pennsylvania, Michigan, and Wisconsin\u2014which he did win along with seven other swing states and the popular vote overall.<\/p>\n<p>Referred to as the &#8220;Trump whale,&#8221; Th\u00e9o utilized various anonymous accounts for his betting activities. The Wall Street Journal highlighted his significant wagers on October 18th. In a November 6 article, Th\u00e9o explained that his bet was essentially against polling accuracy; identifying himself as a wealthy Frenchman with banking experience, he applied mathematical analysis to U.S. polls over the summer and concluded they exaggerated support for Harris.<\/p>\n<p>He even commissioned surveys from an unnamed major pollster which indicated strong support for Trump\u2014a finding he described as \u201cmind-blowing.\u201d He argued that public opinion would have been better informed if recent polls had accounted for this neighbor effect.<\/p>\n<p>Initially estimated by crypto-tracker Chainalysis at $78.7 million in profit from these bets, later updates revised it closer to $83.5 million with an additional potential profit of $2.1 million still unconfirmed.<\/p>\n<p>Despite his financial success tied to Trump&#8217;s campaign, Th\u00e9o claims not to have any political agenda: \u201cMy intent is just making money\u2026 I have absolutely no political agenda.\u201d He expressed skepticism about mainstream media polls favoring Democrats and noted cultural differences regarding polling credibility between France and the U.S., suggesting French pollsters strive for accuracy more than their American counterparts.<\/p>\n<p>With such wealth at stake\u2014enough potentially for either hundreds of entry-level yachts or one large mega-yacht\u2014it remains uncertain whether he&#8217;ll continue wagering against perceived biased polling four years down the line or invest in something grander like an ocean liner amidst ongoing polling inaccuracies<\/p>\n","protected":false},"author":1,"featured_media":2400729,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/02\/Donald-Trump-4.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[50089,50088,50087,3634,50086],"class_list":["post-2400728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-millionairesuccess","tag-novemberwin","tag-sportsbetting","tag-trump","tag-winningbettor"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/02\/Donald-Trump-4.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2400728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2400728"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2400728\/revisions"}],"predecessor-version":[{"id":2400732,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2400728\/revisions\/2400732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2400729"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2400728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2400728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2400728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}