Close X
Wednesday, September 25, 2024
ADVT 
National

Loto-Quebec Taking Bets On Whether Donald Trump Will Still Be In Office In 2018

Darpan News Desk The Canadian Press, 01 Jun, 2017 12:42 PM
    On Wednesday, Loto-Quebec invited players on its Mise-o-jeu platform to wager on the following question: "Will Donald Trump still be president of the United States after May 1, 2018?"
     
    According to its current odds, the provincial Crown corporation seems to believe it's likely he'll still be in office — about three and a half times more likely.
     
    Bettors who put $1 on Trump's departure would receive $3.65, compared to only $1.10 for those who wager he will stay.
     
    These odds, however, can vary over time, depending on news events and other changes.
     
    Betting will be open until Oct. 1.
     
     
    Spokesman Patrice Lavoie said Loto-Quebec reaches its odds through an internal analysis that includes news and polls.
     
    "It is a careful calculation that ultimately allows us to demonstrate whether there is a greater chance that the yes or the no will prevail," he said. 
     
    It's the latest foray into political betting for the Quebec Crown corporation, which also took wagers on the outcome of last year's U.S. presidential election.
     
    That one set a Loto-Quebec record as "our most popular non-sporting bet of all time," Lavoie said.

    MORE National ARTICLES

    Iranian Woman Facing Deportation From Canada Granted Temporary Residency

    Iranian Woman Facing Deportation From Canada Granted Temporary Residency
    The federal government granted the reprieve to Roghayeh Azizi Mirmahaleh on Thursday, five days before her scheduled deportation to Iran.

    Iranian Woman Facing Deportation From Canada Granted Temporary Residency

    Man Accused Of Killing Off-Duty Police Officer Remanded For Alleged Bail Breach

    Man Accused Of Killing Off-Duty Police Officer Remanded For Alleged Bail Breach
    HALIFAX — A man accused of killing an off-duty Nova Scotia police officer has been remanded in custody until next week after allegedly breaching his bail conditions.

    Man Accused Of Killing Off-Duty Police Officer Remanded For Alleged Bail Breach

    B.C. Budget Cuts Are A Strategic 'Bang For The Buck,' Clark

    Clark says a one-per-cent cut in the PST would have saved middle-class taxpayers $200 a year, while a planned 50-per-cent cut to medical premiums announced in Tuesday's budget will save them up to $900 a year.

    B.C. Budget Cuts Are A Strategic 'Bang For The Buck,' Clark

    B.C. Liberal Budget Puts Squeeze On NDP's Big-ticket Promises, Say Experts

    B.C. Liberal Budget Puts Squeeze On NDP's Big-ticket Promises, Say Experts
    VICTORIA — The Liberal government's new budget tries to put the squeeze on British Columbia's Opposition New Democrats, just weeks before the start of a spring election campaign, say political experts.

    B.C. Liberal Budget Puts Squeeze On NDP's Big-ticket Promises, Say Experts

    Paramedics Called To Assist B.C. MLA After Health Issue At Legislature

    Paramedics Called To Assist B.C. MLA After Health Issue At Legislature
    Paramedics were called to British Columbia's legislature to treat a member of the house who fell ill during question period.

    Paramedics Called To Assist B.C. MLA After Health Issue At Legislature

    Vancouver Seeking Judicial Review Of Trans Mountain Pipeline Expansion

    Council members have voted to go ahead with a judicial review of the provincial government's environmental assessment of the Trans Mountain project.

    Vancouver Seeking Judicial Review Of Trans Mountain Pipeline Expansion