Close X
Wednesday, October 2, 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

    N.S. Jails Moving To Provide Od Treatment 'Immediately' As Fentanyl Threat Grows

    N.S. Jails Moving To Provide Od Treatment 'Immediately' As Fentanyl Threat Grows
    HALIFAX — The arrival of the highly potent opioid fentanyl in Nova Scotia is prompting the province's jails to move more quickly on a plan to provide frontline staff with a potentially life-saving overdose reversal drug, says the director of correctional services.

    N.S. Jails Moving To Provide Od Treatment 'Immediately' As Fentanyl Threat Grows

    Edmonton Police Charge Woman With Murder In Death Of 5-Year-Old Daughter In 2015

    Edmonton Police Charge Woman With Murder In Death Of 5-Year-Old Daughter In 2015
    EDMONTON — Police have charged an Edmonton woman in the death of her five-year-old daughter.

    Edmonton Police Charge Woman With Murder In Death Of 5-Year-Old Daughter In 2015

    Housing And Debt Risks Best Addressed By Government, Rates Blunt Tool: Poloz

    In a speech in Vancouver, the head of Canada's central bank says adjusting interest rates is a "very blunt tool" that has widespread effects.

    Housing And Debt Risks Best Addressed By Government, Rates Blunt Tool: Poloz

    Ontario Police Probe Several Incidents Involving Trick Or Treaters On Halloween

    Ontario Police Probe Several Incidents Involving Trick Or Treaters On Halloween
    A number of police forces across Ontario are investigating incidents which dampened the fun for certain trick or treaters on Halloween.

    Ontario Police Probe Several Incidents Involving Trick Or Treaters On Halloween

    PBO Says Tax Revenues On Legal Marijuana To Be Less Than $1 Billion At Outset

    PBO Says Tax Revenues On Legal Marijuana To Be Less Than $1 Billion At Outset
    OTTAWA — The parliamentary budget watchdog says that tax revenues arising from marijuana sales will be modest when legalization first takes hold — hundreds of millions of dollars, rather than billions.

    PBO Says Tax Revenues On Legal Marijuana To Be Less Than $1 Billion At Outset

    LGBTQ 'Purged' From Military, Public Service Jobs File Class-action Lawsuits

    LGBTQ 'Purged' From Military, Public Service Jobs File Class-action Lawsuits
    Doug Elliott, a Toronto-based lawyer, says the gay and lesbian former civil servants and military members have been waiting too long for a negotiated settlement and that it is time to move on from "kind words" to action.

    LGBTQ 'Purged' From Military, Public Service Jobs File Class-action Lawsuits