Prop bets make their way to US-North Korea summit

Prop bets make their way to US/North Korea summit

Prop bets make their way to US/North Korea summitU.S. President Trump has become a favorite target of prop bets. He has already helped gamblers put some extra money in their pockets through some creative bets, including during a recent address to the United States. Bookmakers allowed gamblers to wager on how many “false statements” he would say or how many times he would verbally stumble, and many bettors came out on top. Trump is back on the books again and this time, the wagers center on the latest summit trying to find peace between the U.S. and North Korea.

Trump is wrapping up the second summit he has held with North Korea’s dictator—or chairman, as he likes to be called—Kim Jong Un. They have been in Hanoi, Vietnam, discussing a myriad of issues from most likely Dennis Rodman’s many tattoos to nuclear disarmament. The latter is one of the topics that has made its way into the prop betting market, with odds being placed on whether or not Kim will drop his nuclear program.

Odds of Kim not eliminating the program are -10000 for implied odds of 90.9%, while odds of his agreeing to dismantle the program sit at +2500. If the country decided to call off its nuke activity, a $100 bet would earn the gambler $2,500. (Spoiler alert: The program continues).

One bookmaker put up a prop bet for whether or not Trump would take fast food to the summit. Odds were +1000 for Yes and -5000 for No. Given his affinity for fast food, chances are good there were a couple of Big Macs or KFC drumsticks on hand.

Another wager was posted that gave gamblers the chance to bet on how often Trump would tweet while in Vietnam. The over/under sits at 3.5 (both are -120).

The summit has reportedly come to a close ahead of schedule. There is talk that talks have stalled and both leaders will now part ways following a “very friendly” meeting. With the negotiations cancelled before they were to end, gamblers will have to see which prop bets, if any, will be honored since the summit didn’t run its complete course after the two sides couldn’t agree on nuclear disarmament.