America has gambling in its DNA. We will bet on just about anything, legal and otherwise. Racing horses, with or without sulkies, dogs chasing mechanical rabbits, dogs fighting other dogs, battling chickens, battling humans, cars going very fast while making all left turns, ad infinitum. A comprehensive list of every activity that will attract oddsmakers and folks willing to risk money in hope of increasing their fortunes would fill many volumes.
Recently I did a search for the odds being offered on the chances of our current president being reelected in 2024, thinking that there would not be much interest in the subject. I was surprised to see how much information presented itself.
Long story short, the smart money is heavily against JoeBiden facing impeachment and the odds against his reelection at the time I visited those sites was somewhere around 1000 to 1 but surprisingly, the odds were also heavily against the president finishing his first term.
The bookies are betting against impeachment but in favor of a truncated term. This is interesting but doesn’t offer any indication of their thinking as to why Mr. Biden would not finish his term, given that impeachment is being ruled out.
The most obvious alternative to impeachment would be application of the 25th amendment. And in many ways that makes sense. Impeachment would be extremely messy, involving a great many other players from the establishment and airing a lot of dirty laundry. The 25th amendment, by comparison, would be quick and clean. That difference would be attractive to oddsmakers.
There are many variables to consider before placing your bets. Removing the President by any means would give us President Kamala Harris and whispers have it that Biden’s handlers are having buyer’s remorse for having selected her as Vice. That might mean the odds would shift toward allowing Biden to continue his Mortimer Snerd impression so long as he cooperates with his Edgar Bergen (Okay, an ancient reference but worth looking up).
We must also consider the danger in allowing the gaffe prone President to meet one on one with other world leaders. No teleprompter, no ear buds, no control over what might come out during a “senior moment.” This must give pause to his handlers and really throw a bunch of incontrollable factors into handicapping the odds.
Still, when the odds settle down I might be tempted to risk a buck or two just for the heck of it.