Close X
Thursday, September 26, 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

    Financial Safeguards To Be Part Of New Infrastructure Bank, Amarjeet Sohi Says

    Financial Safeguards To Be Part Of New Infrastructure Bank, Amarjeet Sohi Says
    OTTAWA — Canada's infrastructure minister is promising that taxpayers won't be left holding the bag should any projects funded through a proposed infrastructure bank go bankrupt.

    Financial Safeguards To Be Part Of New Infrastructure Bank, Amarjeet Sohi Says

    Retired Teacher Denies Forcing Former Students To Play Strip Basketball

    Retired Teacher Denies Forcing Former Students To Play Strip Basketball
    REGINA — A veteran, retired teacher has denied any professional misconduct with members of a girls' basketball team she coached in the late 1980s.

    Retired Teacher Denies Forcing Former Students To Play Strip Basketball

    NDP Demands Apology From B.C. Premier Over Website Hacking Claims

    VICTORIA — British Columbia's NDP leader demanded an apology Wednesday from Premier Christy Clark over what he says is a false allegation the New Democrats tried to hack the Liberal party's website.

    NDP Demands Apology From B.C. Premier Over Website Hacking Claims

    Sex Work Can Be An Occupational Choice For Some In Industry

    Sex Work Can Be An Occupational Choice For Some In Industry
    VANCOUVER — Some sex workers are choosing the industry because it can be more lucrative and rewarding than low-paying service industry jobs, says a recent study by a researcher at the University of Victoria.

    Sex Work Can Be An Occupational Choice For Some In Industry

    Toronto Woman, 85, Handed Over $600K In Lottery Scam; Police Recover About $400K

    Toronto Woman, 85, Handed Over $600K In Lottery Scam; Police Recover About $400K
    TORONTO — Police say an 85-year-old Toronto woman lost about $600,000 in a so-called "lottery sweepstake scam," with some of the money coming from the sale of her $2.6-million dollar home.

    Toronto Woman, 85, Handed Over $600K In Lottery Scam; Police Recover About $400K

    3 Charged In Thefts Of 'Roll Up The Rim' Cups From Belleville, Ont., Tim Hortons

    3 Charged In Thefts Of 'Roll Up The Rim' Cups From Belleville, Ont., Tim Hortons
    BELLEVILLE, Ont. — Police say two more people have been arrested in connection with the thefts of several boxes of "roll up the rim to win" cups from a Tim Hortons in Belleville, Ont.

    3 Charged In Thefts Of 'Roll Up The Rim' Cups From Belleville, Ont., Tim Hortons