The year 2022 should be an interesting one in the world of U.S. politics. The House and Senate are currently held by the Democratic party and the White House is occupied by Democratic President Joe Biden. However, it appears a red wave could be on the horizon for the midterms later in the year, with the Republican party currently favored in both the odds to win the House and the odds to win the Senate. Could this put Biden in position to be impeached?
You can see more Politics odds and many other betting markets at [ol-sportsbook-bp:48:Bovada:26]:
Joe Biden Impeachment Odds
Online sportsbook [ol-sportsbook-bp:48:Bovada:26:Bodog] has listed Joe Biden impeachment odds, setting the “No” option as the -390 favorite and the “Yes” option as the +270 underdog. These odds mean that to profit $100 on Biden to not be impeached, you would have to bet $390, while a winning $100 bet on him being impeached would profit you $270.
Odds as of January 28 at [ol-sportsbook-bp:48:Bovada:26:Bodog]
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We can examine Joe Biden impeachment odds further with our sports betting calculator. There you can see that the No odds translate to an implied win probability of 79.59 percent while the Yes represents an implied win probability of 27.03 percent. See our How to Bet Politics page if you’re new to this.
Could Biden Be Impeached?
It is no secret that the 46th POTUS and Vice-President Kamala Harris are polling very poorly after one year in office.
Some of the issues that have affected Biden’s ratings are out of his hands, such as the COVID-19 pandemic that hasn’t gone anywhere. That said, many campaign promises have already been broken and there simply hasn’t been strong messaging on any topics from the top. Some even criticize Biden for his missteps when delivering speeches. At times, he will stumble over his words or lose his train of thought.
With his popularity suffering, it has raised the question of whether the Republicans might bring forward impeachment motions in retaliation for Donald Trump’s impeachment if they go on to win the House and Senate.
Why Is It Unlikely Biden Will Be Impeached?
As the odds show, the No is sizably favored at -390. Perhaps one reason why the odds are short is the timing in which the Republicans could roll out the impeachment with the 2024 U.S. presidential election looming in about two years following the midterm elections.
Additionally, Biden, a longtime senator, has always done his best to work across the aisle and certainly has made friends with several Republicans. This bipartisan approach could help him secure votes if impeachment is brought forth.
Ultimately, I don’t think the Republican party would be wise to waste time and energy on a meaningless task and should instead be focused on the general election. As it stands, the 45th POTUS, Trump, is the favorite in the 2024 U.S. presidential odds with the incumbent, Biden, second on the oddsboard.
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Odds Shark Staff Mon, Jun 27, 12:26pm