Showing posts with label betting. Show all posts
Showing posts with label betting. Show all posts
Tuesday, April 21, 2026
Voters Overwhelmingly Want A Ban On Using Insider Info To Bet In Prediction Markets
Tuesday, December 22, 2020
Bookies Made A Ton Of Money Off Trump's Supporters
It's illegal to bet on elections here in the United States, but offshore and European bookies take bets on the U.S. election from American citizens.
And they made a killing off of this election. Those who bet on Biden to win made money, but that didn't hurt the bookies at all. That's because most of the bets came from Trump supporters, who were sure he would win.
Even crazier, a lot of those bets were made after it was known that Biden had won (but certification of the votes had yet to be done). Trump supporters believed he had actually won, and that the courts would overturn the election results.
Some bookies said it was like taking candy from a baby, and their profits were enormous.
You can read more about this here.
Friday, March 10, 2017
British Betting Site Thinks Trump Won't Serve A Full Term
The graphic above shows the current odds from Ladbrokes (the biggest British betting site) on Donald Trump. They obviously think he won't complete his first term -- being likely to resign or be impeached. And if he does somehow finish his first term, is very unlikely to be re-elected in 2020.
Friday, February 17, 2017
Irish Bookmaker Sets Trump Impeachment Odds At 2/1
It seems that Europeans want to bet on Donald Trump, and the Irish bookmaker PADDYPOWER has over 100 bets you can make about Trump. Some are silly, like the 300/1 odds that Trump will give Putin the White House as a sign of appreciation. Others are not. They are giving 5/1 odds that Trump will be officially accused of collusion with Russia.
And the odds are even better that Trump will be impeached. Those odds are 2/1 (meaning you would only make two dollars for every one dollar bet).
You can go here to see the odds on other Trump bets.
Monday, February 13, 2017
Bookmakers Are Taking Bets On A Trump Impeachment
(The image above is from Truth Revolt.)
The following is part of an article by Steven Shepard at Politico:
The following is part of an article by Steven Shepard at Politico:
There’s already talk of impeachment, just three weeks into Donald Trump’s turbulent presidency. In fact, many are already betting on it.
Gambling houses all over the world are taking in action on whether Trump, inaugurated just last month, will resign or be impeached. And the odds aren’t as long as you might think.
Ladbrokes, the British oddsmaking giant, has Trump’s chances of leaving office via resignation or impeachment and removal at just 11-to-10, or just a little worse than even money. The odds of Trump being impeached this year in the House of Representatives are only 4-to-1, according to the Irish bookmaker Paddy Power, despite GOP control of the chamber. You can win $180 on a $100 bet with Bovada, the online gaming site, that Trump won’t make it through a full term — though the bet is off if Trump passes away during the next four years.
All in all, Trump has meant big business for the international gambling industry. There’s always been betting on politics — mostly as a novelty around election season — but professional bookies say Trump’s unlikely victory and tumultuous transition mean that gamblers are jonesing to wager on his presidency.
“From a betting perspective, Donald Trump’s presidency has triggered a massive boom for these kinds of markets,” said Alex Donohue, the PR manager of Ladbrokes. “With Donald Trump, everything he does, it can be turn into speculation, and that can be turned into gambling.”
Given Republican control of Congress, impeachment seems, at best, a remote possibility in the next two years. Still, Trump’s continued ties to his businesses, and his attacks on federal judges have fueled talk that Congress could seek to remove him. The Democratic automated-polling firm Public Policy Polling — the latest of its series of “troll polls” designed, in part, to embarrass Republicans — found last week that 46 percent of registered voters would favor impeaching Trump.
Betting on Trump’s possible impeachment began shortly after his November election victory. But the scuttlebutt was under way well before Trump even officially became the GOP’s nominee. As far back as April 2016, constitutional scholars, pundits, and even several members of Congress were speculating that his fiery rhetoric and unorthodox style might lead to impeachable offenses as president.
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