Betting Against Trump

The UK betting house Ladbrokes has just raised the odds that Trump will be impeached or will resign to 56%. The odds were previously close to even at 52%, but things seem to be getting worse for the embattled president.

And we may get our first official test of Trump’s failing popularity. Georgia will vote in two weeks to fill the congressional seat vacated by Tom Price when he joined Trump’s cabinet. Republican Price won that election in November by over 20 points, but just a few months later the leading candidate is a previously unknown congressional aide, Jon Ossoff, who is a Democrat. Ossoff has raised a stunning $8.3 million for his campaign. To put that in perspective, the only Congress critter who raked in more money from supporters in the November 2016 election was Speaker of the House Paul Ryan.

Ossoff is running a campaign to “Make Trump Furious”. There are 18 candidates in the election, but polls show Ossoff with around 40% of the vote, which is far more than any other candidate, but not enough to avoid a runoff.


Originally published at Political Irony.