Trump’s one-year anniversary: british bookmakers still think he’ll be impeached

“The (Trump) betting is probably more fun-based rather than other more skill-based forms of betting,” such as placing wagers on sports, said Mark Griffiths, a professor of behavioral addiction at England’s Nottingham Trent University.

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<p>Bookmakers like those in Britain are largely illegal in the United States, although the U.S. Commodity Futures Trading Commission (CFTC) has considered relaxing legislation that covers sports betting and other online gambling. </p>
<p>The CFTC granted PredictIt, a company started in New Zealand that now has an office in Washington, D.C., a limited license to experiment with markets to forecast events, including political outcomes such as the possibility of Trump leaving office. </p>
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<p>Another firm, San Francisco-based start-up Augur, will soon launch a peer-to-peer prediction market that may circumvent regulatory oversight. Trump is one topic it expects to be popular, said Tom Kysar, who handles its operations.</p>
<p>Will Jennings, a spokesman for PredictIt in Washington, said trading activity by investors indicates a 12% chance of Trump being impeached in 2018.</p>
<p>"You can make the argument that he got tax cuts passed, that he made it through his first year. For whatever reason, the market has decided that it’s more likely that he’ll stay in office," he said.</p>
<p>"People in the U.K. are reading different things, they have a different perspective," he added. "I can’t really tell you why they think Trump’s more likely to go — that’s the beauty of the thing."</p>
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Resourse: https://usatoday.com/story/news/world/2018/01/19/one-year-british-bookmakers-still-betting-trump-impeached/1043288001/

Trump’s one-year anniversary: british bookmakers still think he’ll be impeached