Presidential Impeachment Odds 2022
Is it legal to bet on whether or not former President Donald Trump will be impeached again? Is it legal to bet on Biden Impeachment now that Dementia Joe is in office? Well, there is no more hot-button issue in politics these days than Presidential impeachment. It doesn’t happen often, but when articles of impeachment are considered or brought against a sitting US President, you can expect there to be significant interest from the betting public.
Presidential impeachment odds are extremely popular when offered by offshore political betting sites and sportsbooks as a general rule, but the debate surrounding Donald Trump's impeachments was the loudest and most polarizing in the history of America.
If you think you know how the political world is trending on the subject of Presidential impeachment, it makes sense to put a few dollars on your hunch. However, to do so, you’ve got to know where to legally bet on impeachment odds in the first place, so read on to find out!
Will Joe Biden Be Impeached By June 30, 2023? (Bovada)
- No -390
- Yes +270
Is Presidential Impeachment Betting Legal In 2022?
Yes, you can wager on Presidential impeachment at any reputable sportsbook that offers lines on it. However, we have yet to find the opportunity to do so at any domestic US betting sites or brick-and-mortar venues, as political betting seems to be shunned (or even legally banned) by US-regulated sportsbooks. As a result, your best option is to use an offshore election betting site in order to get in on the action.
There are no federal online gambling laws that make it a crime to place bets on politics or to do so at offshore betting sites that are operating legally within the industry. Washington state does have laws prohibiting all forms of online gambling, but those are not historically enforced, and we’re not aware of a single WA resident ever being “impeached” for gambling over the Internet. However, when you wager online in these states, understand that you do so at your own risk.
Best Legal Presidential Impeachment Betting Sites 2022
Joe Biden Impeachment Odds
While there were some whispers in 2000 and 2001 of a potential Joe Biden impeachment, the President is currently in the clear for any legitimate challenge to his authority.
Still, there are political betting odds on the boards that ask whether or not he will make it to the end of his first term and lines for his exit date that include years that are prior to 2024 as a part of the action.
While those US election odds do not specifically forecast a Biden indictment, they do allow betting on that outcome, assuming that the charges stick and they result in the current President's ouster.
Should President Biden encounter the potential for any legal charges prior to 2024, odds for his indictment will certainly appear again at legal online political sportsbook sites.
Donald Trump Impeachment Odds
In 2019, the United States House of Representatives successfully impeached President Donald J. Trump and handed his fate over to the US Senate. The Republican-controlled Senate overturned the impeachment and acquitted President Trump, allowing him to resume his term of office.
In January 2021, Trump became the first US President to be impeached twice, as the House Democrats tried to pop him on charges of "incitement of insurrection." By the time Trump's second impeachment trial got to the Senate, he was already a private citizen again, and the Senate voted to acquit him on Saturday, Feb. 13, 2021.
However, you will still likely find Trump impeachment odds going forward, as now that there is precedent to impeach a public official after their term in office, we expect Trump to be impeached practically ad infinitum. After all, the news needs something to report on!
Will Donald Trump be impeached again?
Probably. He's already been impeached twice (2019, 2021) and acquitted twice. And because Trump was a private citizen for his second impeachment trial in the Senate, there is now procedural precedent to keep impeaching him forever.
For bettors, future Trump impeachment would be an interesting proposition (bet), as it would require close analysis of the current political climate in a context that doesn't really include the accused party.
Strange times are ahead, and a third Trump impeachment could be part of them. But if you expect the third time to be the charm, we'd advise not betting against The Donald.
Did Trump Get Impeached?
Yes, and twice! In 2019, the Democrat-controlled US House of Representatives successfully impeached President Trump for the charges of "abuse of power." He was impeached by a vote of 230-197, with almost all votes falling along party lines. Trump was not removed from the White House, however, as the Senate, controlled by the GOP, voted to acquit him on all charges.
In 2021, Trump was impeached again, this time for "incitement of insurrection." The House voted again along party lines, sending the case to the Senate. There, 57 Senators (including seven GOP Senators) voted for conviction, far short of the 2/3 threshold required. Trump was acquitted on Saturday, February 13, 2021.
Where Can I Legally Bet on Presidential Impeachment Odds?
Impeachment betting is the most popular category or market for legal political betting right now, as news of Donald Trump’s last impeachment is still pounding the mainstream media 24/7. It is the water-cooler discussion of the last three years, and there’s no getting away from it.
As a result, many curious voters and political wagering enthusiasts are looking to place bets on future Presidential impeachment odds for other political figures. Vice Presidential impeachment is even being mentioned now.
All of the sportsbooks we recommend on this page cover the odds for Trump to be impeached, as well as the odds for Biden to be impeached. You can even expect some to offer lines on whether or not VP Kamala Harris will be impeached. Impeachment is the meme of the political now, so you should try to capitalize on it as much as possible.
Best Funding Method For Legal Impeachment Betting
While there are several ways to load up your betting accounts at legal online casinos and sportsbooks offering impeachment odds, Bitcoin is the best funding method. Bitcoin not only provides a safe, secure, anonymous way to wager on impeachment online, but it’s also the best way to receive payouts. When betting at offshore sites, Bitcoin is the only same-day withdrawal method offered.
Plus, using fiat money to bet on the ouster of the highest-ranking government officials just seems...wrong. Bitcoin takes government out of the game so you can bet on taking government out of the game! And that is unimpeachable!
Donald Trump Impeachment 2019-2021
Donald Trump won the 2016 Presidential election as a massive betting (and polling) underdog, and his victory is now the second most controversial in history (after his November 2020 loss).
Effectively half of the US population believed that Trump had outside foreign assistance, while the other half thought that Trump had been unfairly vilified by a biased media and various outspoken career politicians. That never changed during his years in office, and it's not changed now as of 2021.
In 2019, the US House of Representatives successfully impeached Donald Trump, but the US Senate acquitted him. However, Trump – despite losing reelection – was impeached again in January 2021, becoming the first POTUS to be impeached twice.
Naturally, the top sites where legal online betting is offered posted betting odds on the chances of that second impeachment occurring, as well as Trump's Senate conviction odds and other related political prop bets.
Pros And Cons Of Presidential Impeachment
Impeaching a sitting President is a huge risk for both sides of the political spectrum. The process is based on a calculus that takes into consideration any and all potential fallout from initiating the process, whether it remains an impeachment inquiry, full-blown impeachment, or removal from office.
Impeachment can have a huge effect on both Democratic election odds and Republican election odds. When betting on Presidential impeachment and assessing the impeachment chances for a given President, all these factors must be accounted for.
- Upholding law and order to show that nobody – not even the President of the United States – is above the law
- Removing a President who has shown conduct detrimental to the domestic and national security
- Addressing and correcting perceived fraudulent activity on the part of the President or those working under their direct orders
- Alienating significant voter blocs
- Convincing a large number of voters that their votes did not count
- Risking Congressional re-election in the US House and Senate for those supporting (or opposing) the impeachment process
- Galvanizing opposition party voter turnout in future elections, harming the party that brought impeachment charges
- Potentially delegitimizing the fundamental election process in the eyes of the President’s supporters
- Civil unrest and global instability