Polymarket trades on contracts tied to strikes on Iran hit $529M, and six new accounts profited a total of $1M by betting on the US to strike Iran by Feb. 28 (Emily Nicolle/Bloomberg)
ThinkingNews Desk · how this was written
Polymarket saw roughly $529 million in trading on contracts linked to strikes against Iran, and six newly created accounts collectively earned about $1 million by correctly betting on a U.S. strike that occurred by the February 28 deadline. Individual accounts reported profits exceeding $500 thousand each as the predicted attack materialized.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Polymarket trades on contracts tied to strikes on Iran hit $529M, and six new accounts profited a total of $1M by betting on the US to strike Iran by Feb. 28 (Emily Nicolle/Bloomberg)
Polymarket traded $529M on contracts tied to Iran strikes. Six new accounts profited $1M by betting on a US strike by Feb. 28. US and Israeli bombs fell on Iran, allowing bettors to cash in.
- TechCrunch·Polymarket saw $529M traded on bets tied to bombing of Iran
Polymarket saw $529M traded on bets tied to the bombing of Iran. Six new accounts made a $1 million profit by correctly betting on a US strike by February 28. The bets were tied to a potential US attack on Iran.
- Hacker News·A new account made over $515,000 betting on the U.S. strike against Iran
A new account made over $515,000 betting on the U.S. strike against Iran. The account correctly predicted the strike. The bet yielded a significant profit of over $515,000.
- Hacker News·A new Polymarket account made over $500k betting on the U.S. strike against Iran
A new Polymarket account made over $500k betting on the U.S. strike against Iran. The account's bets were successful, yielding a significant profit. The strike occurred as predicted.
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- Google says that Polymarket bets showing up in Google News was an error, and the prediction market's bets on real world events were not supposed to appear there (Terrence O'Brien/The Verge)3 outlets
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