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

    No Charges In Vancouver Double Murder, But Three Charged In Related Kidnapping

    No Charges In Vancouver Double Murder, But Three Charged In Related Kidnapping
      Twenty-six-year-old Ellwood Bradbury and 33-year-old Matthew Stewart were taken into custody in Metro Vancouver, while Erlan Acosta was picked up in Mesquite, Texas, and is awaiting extradition.

    No Charges In Vancouver Double Murder, But Three Charged In Related Kidnapping

    Motorcyclist, Pedestrian Killed In Separate Crashes On Lower Mainland Roads

    Motorcyclist, Pedestrian Killed In Separate Crashes On Lower Mainland Roads
    Vancouver’s First Fatal Collision Of 2017, Elderly Pedestrian Killed Crossing Road In Abbotsford

    Motorcyclist, Pedestrian Killed In Separate Crashes On Lower Mainland Roads

    Welcome Relief for British Columbians with Student Loans

    Welcome Relief for British Columbians with Student Loans
    The reduction in interest rates will save students $1,500 in the course of repaying the average loan.

    Welcome Relief for British Columbians with Student Loans

    Suspect Sought After Sexual Assault At SFU's Burnaby Campus, Students Worried

    Suspect Sought After Sexual Assault At SFU's Burnaby Campus, Students Worried
    Burnaby RCMP is warning the public after a woman was sexually assaulted last night at Simon Fraser University's Burnaby mountain Campus while returning to her car.

    Suspect Sought After Sexual Assault At SFU's Burnaby Campus, Students Worried

    Surrey celebrates Canada 150

    Surrey celebrates Canada 150
    Surrey will be proudly showcasing our national and civic pride with premier concerts, festivals and community events all throughout our city.

    Surrey celebrates Canada 150

    Minor Quakes Hits Off B.C. An Hour After One In Washington State

    Minor Quakes Hits Off B.C. An Hour After One In Washington State
    A magnitude 4.4 earthquake rumbled off the coast of British Columbia late Wednesday night.

    Minor Quakes Hits Off B.C. An Hour After One In Washington State