SBC News Voice of the Sports Betting Industry
With President-Elect Donald Trump taking full US Presidential duties on 20 January (inauguration date), bookmakers are wondering whether ‘The Donald’ will survive a full four-year term as leader of the United States of America.
Trump who yesterday gave his first official press conference as President-Elect, having won the US Election on 8 November reemphasized to the world’s media that he would be the USA’s ‘greatest jobs president’ uniting a deeply divided nation.
Nevertheless, Trump’s easy rhetoric will be tested in the first days of his administration. The brass New Yorker has faced severe criticism of his senior cabinet appointments, his neglect of US intelligence agency reports concerning Russian US election influence and for not divesting his business interests which may cause potential conflicts of interest.
Updating US political markets yesterday, Ladbrokes Politics informed that odds had hit ‘evens’ for President Trump ‘to leave office via impeachment or resignation before end of 1st term’.
Furthermore, Irish bookmaker Paddy Power has opened special odds of 20/1 on ‘Trump NOT to be inaugurated on 20 January’, following this week’s ‘unverified’ allegations of Trump participating in lewd sex acts during a visit to Moscow.
Trump’s incoming Presidency has been met with a number of new US political betting markets, wondering what ‘The Donald will do’. From when he will visit the UK, which Obama act he will first repeal to whether he will stick a ‘TRUMP’ sign on the Whitehouse.
Ahead of Trump’s inauguration, it would be wise for bookmaker’s to remember the US 2016 Elections, in which Donald Trump was continually written off at great expense to UK bookmakers. Put simply, when it comes President Trump its only safe to say…expect the unexpected!
