SBC News Voice of the Sports Betting Industry
Monday’s indictment of former ‘Trump 2016’ campaign manager Paul Manafort on charges of 12 counts of conspiracy and international money laundering, has seen Paddy Power Politics completely revise its Trump Betting Hub.
The first charges filed by Special Counsel Robert Mueller investigating ‘suspected’ collusion between Trump 2016 Campaign officials and the Russian government, has been marked as a complete market changer by Paddy Power.
Re-pricing its Trump betting markets, Paddy Power Politics has shortened ‘Trump to be impeached during his 1st term in office’ from 2/1 to 5/4.
At present, the bookmaker details that its political punters are targeting 2018 to be the ‘year of President Trump’s impeachment’, which has seen the bookmaker price down impeachment market odds from 6/1 to 7/2.
Furthermore, as US media speculates whether Mueller’s investigative team can make ‘Manafort sing’. Paddy Power has further price down the ‘FBI confirming Trump/Russia collusion from 4/9 to 1/5.
Speaking to SBC, a worried Head of Trump Betting Joe Lee commented on markets: “The net is tightening around Trump, and his Presidency could possibly be doomed… Although, obviously, I really hope not – I’ve got Christmas to think of, after all!”.
As talk of a ‘Trump impeachment’ heightens, punters should remember that the removal of a sitting President is a complex and partisan matter which will require a majority consent from both the US Senate and Upper House, which at present are Republican Party controlled.
Trump’s Presidency may be perilous…However, the brash New Yorker is far from ‘dead man walking’.
