Prediction markets have turned the world into a casino
How might the ayatollahs know an American strike force is coming? Advanced radar technology, perhaps, or a mole somewhere in the Pentagon. Or they could just look at Polymarket. There is currently around $125 million wagered in the largest market predicting when the US will next strike Iran. Given the current odds, traders reckon an attack will take place in the second half of this month. If Nicolás Maduro had checked Polymarket on the night of January 2, he would have seen his odds of losing power spike from around one in ten to 66 percent, hours before Delta Force arrived. One trader has racked up $150,000 in profits in
