Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.
Category: Polymarket (Adventure One QSS Inc)
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Why Investors Are Still Betting Big on Kalshi
The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
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Polymarket Bets on Paris Temperature Prompt Investigation After Unusual Spikes
The authorities said a Paris airport weather sensor may have been tampered with as large wagers were placed on the betting site.
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Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
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Arizona Files Criminal Charges Against Kalshi, the Prediction Site
The state accused Kalshi on Tuesday of operating an illegal gambling business, escalating the legal battle between states and prediction markets.
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How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.
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Betting on Prediction Markets Is Their Job. They Make Millions.
Welcome to the era of the Polymarket sharp.
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The Rise of Prediction Markets
Billions of dollars are trading hands on sites like Polymarket and Kalshi, where people bet on everything from Taylor Swift’s wedding date to election outcomes.
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Polymarket Won’t Pay Users Who Bet on a U.S. Invasion of Venezuela
Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said the Venezuelan president’s capture did not constitute an invasion.