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Exclusive: Trump to be Re-Elected in 2028 Largely Unavailable in Global Gambling Markets

Despite the 22nd Amendment, speculation over a Trump 2028 run is heating up. With betting markets reacting and legal loopholes debated, experts warn never rule out the unexpected when it comes to Trump.

Chris Sheridan
Chris Sheridan

Last Updated: 2025-04-24

Louis Hobbs

6 minutes read

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Getty Images / G Fiume

The only sure thing in the United States over the next 4 years is that the question of whether Donald Trump will seek re-election as President will never cease being a hot topic.

The 22nd Amendment: Final Word or Legal Grey Area?

The U.S. Constitution would see to preclude it from happening, as the 22nd Amendment begins: “No person shall be elected to the office of the President more than twice.”

So, it simply cannot happen, correct?

Well, not so fast, folks. 

If there is one thing that the world should have learned over the past 8-plus years it that when it comes to Trump, one MUST expect the unexpected. 

And key people in Trump’s inner circle, including Steve Bannon, are already plotting methods to get Trump on the 2028 ballot.

Betting on the Unthinkable

"U.S.-facing sportsbooks are considered the gold standard when it comes to content creativity, but the Trump 2028 market doesn't even require an outside the-box thought process. The possibility of Trump running for a third term is in the headlines once a month, and everyone (not just the betting public) wants to know what his current chances are if he somehow were on the ballot in 2028,” said gambling industry consultant Scott Cooley, President of Cool Media PR

"For 15 years I've been creating odds for the gaming industry, and some of the most polarizing and engaging content we've produced has been centered around political storylines,” Cooley said. 

“Trump offers countless opportunities every day for this growing betting sector, and I would call it marketing malfeasance to not post his name among the 2028 presidential candidates."

Yet major international wagering companies, including Ladbrokes, Betfair and Betfred, are not offering Donald Trump Sr. as a 2028 Election option. 

In the United States, political wagering is not allowed in any of the 38 states that have legalized online sports wagering, but many consider it only a matter of time before Americans are allowed to do what Brits have been doing for eons: Wagering on the outcome of the next major election.

Inside the Oddsmakers’ Minds

One global sportsbook that caters to U.S. customers and actually does have Trump on the board is betonline.ag.

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BetOnline odds

Meanwhile, here is the U.S. 2028 presidential election odds board at other popular bookmakers such as Ladbrokes, don’t have Trump Sr, listed. 

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Ladbrokes odds

Yes, each lists Trump Jr. 

But only BetOnline lists Trump Sr., who has been causing worldwide consternation with his policies on tariffs, deportations and his minimalist compliance with U.S. court rulings that have halted many of his policy initiatives. 

Trump seems to be playing by his own rule book, and the 22nd Amendment is open to interpretation by some constitutional scholars who believe it can be set aside in some manner to allow Trump to run again in 2028.

"Trump should in my view be quoted in all markets, because whether he runs or not, he is evidently in the conversation and a popular pick. Without him included, I don't consider it a fair market,” said BetOnline.ag political oddsmaker Paul Krishnamurty.

"Those who want to back him should have the opportunity to do so. Yes, it would require a constitutional amendment or unconventional legal interpretation, but that is priced into the outcome. Does anybody think that, were Trump cleared to run, he'd be anywhere near 5/2 for the GOP Nomination, as BetOnline is offering? Of course not. He'd be the odds-on favorite," Krishnamurty said.

“Expect the Unexpected” — Again

Four years is a long time, and plenty can happen over that span – especially when following the “expect the unexpected” doctrine.

As Politico has explained: “Around the globe, when rulers consolidate power through a cult of personality, they do not tend to surrender it willingly, even in the face of constitutional limits. And Trump, of course, already has a track record of trying to remain in office beyond his lawful tenure.”

“Anyone who says that obviously the 22nd Amendment will deter Trump from trying for a third term has been living on a different planet than the one I’ve been living on,” says Ian Bassin, who was an associate White House counsel for President Barack Obama and is now the executive director of the nonprofit advocacy group Protect Democracy.

If Trump decided he wanted to hold onto power past 2028, there are at least four paths he could try:

  • He could generate a movement to repeal the 22nd Amendment directly.
  • He could exploit a little-noticed loophole in the amendment that might allow him to run for vice president and then immediately ascend back to the presidency.
  • He could run for president again on the bet that a pliant Supreme Court won’t stop him.
  • Or he could simply refuse to leave — and put a formal end to America’s democratic experiment.

Each path would face serious political, legal, and practical impediments. But the prospect of a third Trump term shouldn’t be dismissed with a hand wave.

Trump, after all, is definitely not dismissing the prospect. He’s been openly floating it for years.

In August 2020, he told supporters: “We are going to win four more years. And then after that, we’ll go for another four years.”

So, no matter where you live on our planet, bet against this guy at your own peril. 

Americans have never had a president quite like him, and nobody should ever discount the possibility of the unprecedented becoming a precedent with it comes to the U.S. president.

Chris Sheridan
Chris Sheridan Sports Writer

Chris Sheridan is a veteran sportswriter and journalist in New York who used to cover the NBA for The Associated Press and ESPN.

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