There is a good chance that US President Donald Trump will not see the end of his first term in the White House, at least that’s what betting enthusiasts across the world think.
Last month, when Trump met with Russian President Vladimir Putin – who is viewed in some media as America’s archenemy, Irish booker Paddy Power said the odds of an impeachment were cut to 2/1, an implied probability of 33.3 percent.
Today, the bookmaker is offering higher odds of 6/4, an implied probability of 40 percent that Trump won’t be in office by January 2020.
More interestingly, the booker says there are odds of 11/2 or 15 percent that Trump would resign from the job, like Richard Nixon did in 1974.
The odds of a successful impeachment by the Democrats are even stronger in the US, where Las Vegas oddsmaker Bovada offers the odds of 13/10, an implied probability of 43.5 percent.
To impeach Trump, the Democratic Party needs to gain a decisive majority…