Will Paul Manafort Be Convicted and Will Trump Pardon Him? There Are Betting Odds on That

The odds are not in Paul Manafort's favor.

The embattled former Trump campaign chairman is likely to be convicted on at least one federal charge by the end of the year. And the chances that President Donald Trump will pardon him in the same time frame before the year is out are quite low, according to the most recent odds by online sports book Bovada.

Manafort is currently awaiting a jury's decision in the Eastern District Court of Virginia after prosecutors for Special Counsel Robert Mueller and Manafort's defense attorneys finished off the trial's proceedings earlier this week.

Oddsmakers peg the likelihood that Manafort will be convicted this year at -350, or 2/7, very poor odds. The main caveat of the prop bet is the time frame, because even if the Virginia federal jury opts to acquit Manafort, he still faces another trial by Mueller's team in Washington D.C. later this fall.

Still, Manafort's attorneys were encouraged Thursday after the jury came back and had several questions regarding the definition of "reasonable doubt"

"I think it's all a good sign, yes," one of Manafort's attorneys, Kevin Downing told reporters. "We took out some good news. Jury's been deliberating. It has some questions which the judge addressed. They've asked to come back tomorrow to continue deliberations. Overall, a good day for Mr. Manafort."

Manafort is facing charges of tax fraud, bank fraud and bank fraud conspiracy, as well as failing to disclose the existence of foreign bank accounts.

Should Manafort be convicted in Virginia or Washington, or both, he's unlikely to receive a pardon from Trump. At least this year.

The odds Trump does issue a pardon for Manafort are president -500, or 1/5, and it likely has to do with the assumed political fallout.

Democratic Congressman Ted Lieu of California suggested Thursday that a Trump pardon of Manafort would be grounds for impeachment, and encouraged voters to turn out for the fall midterms in order to curb the president's power.

Trump has continuously blasted Mueller's investigation of Russia's interference and alleged collusion with the president's campaign in 2016, calling it a "rigged witch hunt," while also noting Manafort's charges stem from his work long before he joined the Trump campaign.

Earlier this month, Trump also stated Manafort's current plight may even be worse than infamous mobster Al Capone, and also noted the number of top Republican leaders Manafort had previously worked for.

"Paul Manafort worked for Ronald Reagan, Bob Dole and many other highly prominent and respected political leaders. He worked for me for a very short time. Why didn't government tell me that he was under investigation. These old charges have nothing to do with Collusion - a Hoax!" The president tweeted August 1.

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