..

US Government Shutdown Odds at 68 Percent

Written by:
Aaron Goldstein
Published on:
Apr/07/2011
US Government Shutdown Odds

Despite Senate Leader Harry Reid claiming that the odds of a US Government shutdown were at 50 percent, the prediction markets suggest otherwise.  Intrade.com had the chances closer to 68 percent. 

Should a budget for the current year not be approved by 11:59 pm ET Friday night, the US Government will effectively shut down.  The consequences include military employees checks being withheld, small businesses unable to obtain federal loans, museum and national park shutdowns, passport offices closed but, alas, at least the members of Congress will continue to get their paychecks.  Some 800,000 Government employees may not be so lucky.

After meeting with President Barack Obama at the White House, CNN reported that House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nevada, announced Thursday afternoon that negotiators were unable to strike a deal.

In an exclusive interview with CNN before the meeting, Reid put the chances of such a shutdown at 50-50 and said Democrats had agreed to all the spending cuts demanded by Republicans that they could.

"Enough is enough," he said.

- Aaron Goldstein, Gambling911.com

 

As always, you can Follow us on Twitter for all the latest breaking gambling news.

Politics News

Super Bowl 54 Props Get Political

Super Bowl 54 Props Get Political

To cast a little light-hearted humor amid the seriousness of the impeachment trial beginning today, Vegas has created some fun prop bets intertwining the Super Bowl and politics.

Bloomberg, Trump Campaign Commercials During Super Bowl Prop Bets

Bloomberg, Trump Campaign Commercials During Super Bowl Prop Bets

Gambling911.com has your political campaign prop bets that will air during this year's Super Bowl.

Politics Odds for Trump's Football Game Tonight and Impeachment Votes

Politics Odds for Trump's Football Game Tonight and Impeachment Votes

President Trump has been a regular at sporting events over the last few months, and he's scheduled to attend tonight's college football national championship game.

POTUS 2020 Odds Take Betting Forefront @ JAZZ Sports

POTUS 2020 Odds Take Betting Forefront @ JAZZ Sports

Online action brand JAZZ Sports recently released a new set of odds on the upcoming US Presidential Election. These expanded on an existing menu of betting prices, all listed and available under the Politics section of their betting board.

Election Odds: Trump and Biden Early Favorites in 2020

Election Odds: Trump and Biden Early Favorites in 2020

According to the odds, not much has changed in terms of frontrunners for the 2020 election cycle. 

Syndicate