Impeachment Odds Spike
Lucinda Shen
7:57 PM ET
... PaddyPower, an Ireland-based betting site, has seen more users placing bets on President Trump being impeached before the end of his first term, bringing the site's total odds of the President being shuffled out of the White House by 2021 up to 60%—the highest it’s ever been, according to company spokesperson Lee Price ...
Not only are PaddyPower bettors increasingly putting their money on Trump being impeached before his first term is over, but they are also betting on him being impeached as soon as this year, bringing those odds up to 33.3%. That's despite the fact that impeachment proceedings are usually lengthy.
"Everyone is betting on the 'yes' side of impeachment," Price said, saying hundreds of thousands of pounds had been placed on that bet ...
"We believe the risk of impeachment proceedings is now higher than before," Citi Bank’s Tina Fordham wrote in a note on Wednesday, though she added that impeachment is still unlikely. "It would be highly unusual and indeed likely politically costly to the party's electoral prospects to pursue impeachment proceedings against a president of their own party, particularly with Midterm elections a little over a year away" ...
http://fortune.com/2017/07/12/donald-trump-impeachment-odds/