The New Bet: Trump’s Impeachment

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Not a month into his presidency, gambling markets around the world are accepting bets for Donald Trump’s impeachment.

Gambling conglomerates in England and Ireland have placed odds on both Trump’s potential impeachment and resignation.

English booking monopoly, Ladbrokes has already marked the odds for Trump’s escort out of office at 11-10. Ireland’s Paddy Power has the odds of Trump’s resignation within a year at a 4-1 bet.

Ladbrokes (Credit: ELight)

Ladbrokes (Credit: ELight)

“From a betting perspective, Donald Trump’s presidency has triggered a massive boon for these kinds of markets,” said Ladbrokes’ PR manager, Alex Donohue. “With Donald Trump, everything he does, it can be turned into speculation, and that can be turned into gambling.”

Lewis Davey, a Paddy Power spokesman said, “With such little political experience and a rocky start in the White House, it’s understandable people have their doubts on Trump. We’re currently offering 4-to-1 for Trump to be impeached in the first six months.”

Given Republican control of the Congress, the odds of Trump’s impeachment are low, though betting giants such as Ladbrokes are offering other forms of Trump betting options.

Related News: Anti-Trump Groups Launch Impeachment Website

Donohue says his company is also accepting money in regards to the president’s visiting of England. Odds of Trump flying over the Atlantic Ocean and taking a tour of the English Parliament are at 2-7, compared to a 5-2 that he won’t.

Paddy Power has gone as far placing odds on whether or not a member of Trump’s staff will “quote a fake terror attack.” Press Secretary Sean Spicer is the current favorite at 5-6 odds.

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