It might sound unimportant to Americans that bettors in the U.K. still think Donald Trump will not become president of the United States, but there is a long history of using gambling statistics to predict the outcome of elections.
In the past, U.K. bettors have captured headlines because of their large bets on American politicians, and, on November 9, Fortune gave a rundown of gamblers that won the jackpot after Trump got elected. Although the wagers seemed to favor Hillary Clinton, the bettor that won the largest Trump election wager got $2.5 million.
As previously reported by the Inquisitr, there were also bettors in other countries outside of America that were placing large bets on Trump’s opponents. For instance, a man bet $200,000 on Hillary Clinton beating Trump on November 8.
A good example of a website that touts they combine the worlds of betting and political elections for candidates like Donald Trump is Election Betting Odds. In their FAQ, they state scientific studies show that gambling odds based on politics are better predictors than polls.
What might be interesting to Americans is that the U.K. is still placing bets on the U.S. elections long after Trump was named as the winner on November 8. Are they predicting anything with these bets?
For instance, some of these Trump bets are contingent on the January 20, 2017, date that he will officially be sworn in. As it appears, there are still lots of bets on websites in the U.K. that are gambling on the idea that Trump will not be sworn in as president of the United States — and these bets may be coming true if the outcome of the CIA/Russia scandal is not in Trump’s favor.
For example, Ladbrokes still has a bet on Trump that states “Obama will still be sitting president on February 1, 2017,” and it has 10-to-1 odds as of December 10.
This bet outcome could be especially lucrative if Trump is booted because of the CIA accusing Russia of influencing the presidential elections to the demise of Hillary Clinton. For example, according to Reuters, Trump’s election win may have been the product of outside government actions from Russia.
On the other hand, the Russia/CIA scandal could cancel old bets on Trump to set up new ones. For example, new bets could be created in the near future because CNN reports that when an ex-CIA operative was interviewed about the Trump/Russia scandal, they suggested a new election.
Odds Checker also lists other bets about Donald Trump at websites such as Ladbrokes, Bet Fred, and Bet Way. For instance, there are bets that Trump will “leave office via impeachment or resignation before end of first term.” Others include “Donald Trump to be impeached before January 2020” and “Trump not to last a year in office.”
Funny bets posted on wagering websites in the U.K. about Trump include “Canada to ban immigration from the U.S. in 2016” and “Trump and Nigel Farage to have number one hit single before the end of 2020.”
Other websites have Trump bets that place importance on the fact that he will be staying in office. For example, Paddy Power has a current bet on where Trump will go for his first “state visit” to another country.
In addition to betting on Trump in the U.K., there are Americans wondering how Trump will change betting in America. For example, Americans are not allowed to bet on Trump, but in the U.K., political gambling or wagering is common under what is called specialty or novelty bets.
About Trump and changing gambling laws in America, R Street wrote the following on their blog on December 6.
“Trump — who built casinos in Atlantic City and Las Vegas — has no record of moral opposition to gambling as a business. There’s no reason to believe that expanding prohibition is on his agenda, or that he would be opposed to greater liberalization, especially if it can create or increase revenue streams for his economic agenda.”
[Feature Image by Drew Angerer/Getty Images]