Sportsbook Took Bets on Donald Trump at 200-1 to be Next US President

(G911 News Wire) - In an exclusive interview with Covers.com Tuesday, a representative from Sportsbook.ag admitted they are “super exposed” when it comes to future betting on real estate mogul and reality TV star Donald Trump becoming the next President of the United States.  Three years ago, that book opened Donald Trump odds at 200-1 and have since slashed him to 40-1.

“We wrote tickets at that price and with those odds, you can get exposed real quickly with just a few bets,” Sportsbook’s Peter Childs tells Covers, referring to the early 200-1 odds. “But most of the action we’ve written on Trump has come at 100/1 and it’s come down steadily from that price.” 

Trump announced Tuesday he is seeking the Republican nomination.  While flirting with the idea in the past, it is the first time he has officially declared his candidacy.  - Carrie Stroup