Betting sites lost millions following his shocking victory

Trump could be impeached or quit in first term, according to UK bookies

The odds are not looking to be in President Donald Trump's favour as bookies for various betting websites indicate he won't make it through his first term.
2017-02-14
Reading time 2:03 min
The odds are not looking to be in President Donald Trump's favour as bookies for various betting websites indicate he won't make it through his first term.

"We're currently offering 4-to-1 for Trump to be impeached in his first six months," Lewis Davey, a spokesman for Paddy Power, told Politico, which reported on Trump's not-so-stellar odds.

"With such little political experience and a rocky start in the White House, it's understandable people have their doubts on Trump," Davey added.

While Trump the candidate lost Paddy Power nearly $5 million, as the Republican wasn't expected to win, Trump the president has been good for business as betting sites like Paddy Power, Ladbrokes and Bovada are seeing an uptick in politically-themed bets.

"From a betting perspective, Donald Trump's presidency has triggered a massive boom for these kinds of markets," Ladbrokes' spokesman Alex Donohue told Politico.

With Donald Trump, everything he does, it can be turned into speculation, and that can be turned into gambling

Gamblers can place wagers on what year they believe Trump will get the boot, with bigger payouts assigned for later in his first term, indicating that oddsmakers believe the Republican will get impeached or resign sooner rather than later.

While a 2017 bet on the Paddy Power website has the odds of 4-to-1, a 2020 wager currently stands at 20-to-1.

Over at Ladbrokes, the British oddsmaker rates Trump's chances of resigning or being impeached in his first term at 11-to-10 – in short, it's so probable that gamblers would barely win any money.

The sites are allowing users to bet on other aspects of the presidency too.

At Paddy Power, there's betting going on currently about what foreign country Trump will visit as president first. With the highest probability comes Trump's wife's homeland of Slovenia, with the odds set at 15-to-8

Following that comes Canada, England, Mexico, Iceland and Russia – countries that are neighbors. 

Larger payouts would go to betters if Trump makes a more unconventional choice.

If Trump were to choose to visit Israel first the odds stand at 14-to-1. If he goes to Cuba first, bets are set at 80-to-1. And if he heads to North Korea first – which is extremely unlikely – the odds stand at 200-to-1.

Paddy Power is also allowing gamblers to choose which administration official gets the ax first.

Currently, the most probably looks to be White House Press Secretary Sean Spicer, at 4-to-1 odds, or a 20 percent chance of happening.

Oddmakers also assigned a 10-to-1 to Neil Gorsuch, Trump's Supreme Court pick, that the president would revoke offering the judge a job. 

Over at the betting site Bovada, users can place bets on which Supreme Court Justice will leave the bench next.

On a $100 bet, gamblers can win $150 for choosing 80-year-old Justice Anthony Kennedy or 83-year-old Justice Ruth Bader Ginsburg.

Users can win $1,000 is Justice Stephen Breyer throws in the robe.

And a $5,000 payday will be doled out if any of the other five justices leave the Supreme Court next.



Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR