After heavy betting on the election, online bookmakers located overseas are still seeing a swell of action on President Donald Trump. This time around, it’s for impeachment.
Politico reported that several foreign online gambling sites have so far taken bets worth hundreds of thousands of dollars on Trump leaving the White House before his four-year term is finished.
At British online gaming platform Ladbrokes, the odds of Trump either resigning or being impeached currently stand at 11:10. So, almost even money.
Padddy Power, which is based in Ireland, has impeachment odds in year one at 4:1. In November, Paddy Power had him at 10:1 to be successfully impeached during his term.
“From a betting perspective, Donald Trump’s presidency has triggered a massive boom for these kinds of markets,” Ladbrokes said. “With Donald Trump, everything he does, it can be turned into speculation, and that can be turned into gambling.”
An estimated $250 million was bet on the 2016 U.S. presidential election in the U.K., a country which also regulates online sports betting. Both activities are prohibited in the United States.
