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Bookmakers: Trump Impeachment Odds Go Up In 2018

Bookmakers: Trump Impeachment Odds Go Up In 2018 Promo Image

International bookmakers have given U.S. President Donald Trump high odds of being impeached before he completes his first term, with one gambling website believing that his potential removal from power would most likely occur in 2018.

As of Jan. 1, the Ireland-based betting group Paddy Power had the odds of Trump being impeached within his first term set at 4-7, Newsweek reports.

Paddy Power's betting odds indicated that the group believed Trump's presidency would hit peak vulnerability during 2018. They set his odds of impeachment in 2018 at 5-4. Those odds drop to 7-1 in 2019 and eventually plummet to 50-1 by 2020, an election year.

Meanwhile, the New Zealand-based prediction market PredictIt currently has the odds of a Trump impeachment set at 2-1. The group allows participants to make a 65-cent bet on Trump finishing out his first term and a 35-cent bet that he is removed from power before 2021.

While bookmakers have given Trump's political future an ominous forecast, the president projected an optimistic outlook for 2018 during his New Year's Eve celebration at Mar-a-Lago in Palm Beach, Florida, according to The Associated Press.

On Dec. 31, Trump stated during festivities at his private resort that he believed his administration would enjoy a "fantastic 2018."

Polling indicates that a large share of Americans want to see Trump removed from the Oval Office, but not a majority.

In December 2017, a reported NBC News/Wall Street Journal poll found that 41 percent of national adults believed Congress should hold impeachments hearings on Trump, while 54 percent were against the idea. Five percent of respondents were undecided, The Hill reports.

Of self-identified Democrats, 70 percent wanted impeachment hearings against Trump while only 7 percent of Republicans agreed; 40 percent of Independents said Congress should explore removing the president.

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Earlier that month, Democrat Rep. Al Green of Texas forced a floor vote on impeaching Trump, asserting that his presidency had been unacceptably divisive for the country. Green's articles of impeachment only received votes of support from 57 fellow Democrats, NPR reports.

The ranking member of the House Judiciary Committee, Democrat Rep. Jerry Nadler of New York, would head the Democratic effort to unseat Trump if the party regains control of the House in the 2018 midterm elections. Nadler urged caution on the matter.

"Impeachment, it's not something you ought to welcome," Nadler told Politico. "It's not something you ought to be ready to -- it's not something you want."

The New York lawmaker noted that his caucus would have to convince their base of the reasons holding impeachment hearings would be an unwise move if they regained power.

"If we were in the majority and if we decide that the evidence isn't there for impeachment -- or even if the evidence is there we decide it would tear the country apart too much, there's no buy-in, there's no bipartisanship and we should do it for whatever reason -- if we decide that, then it's our duty to educate the country why we decided it," Nadler concluded.

Sources: AP via Time, The HillNewsweek, NPRPolitico / Featured Image: Gage Skidmore/Flickr / Embedded Images: Edwardx/Wikimedia Commons, Gage Skidmore/Flickr

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