Election

New York (CNN Business)Americans aren’t the only ones obsessed with next Tuesday’s vote.British bettors are wagering a record amount of money on the US presidential election, dwarfing the amount wagered on any sporting event or even their own nation’s politics.As of Wednesday morning, £220 million, or about $284 million, had already been wagered on the Betfair Exchange, said Darren Hughes, a spokesman for Betfair. The London-based company operates the world’s largest online betting exchange.Americans can now legally wager on sporting events in many states, but it’s illegal to wager on elections, either here or in the UK.