Post
#Via Bloomberg News /bloomberg.com
7:30 PM · Feb 28, 2026
"As US and Israeli bombs fell on Iran this weekend, bettors on Polymarket — where $529 million was traded on contracts tied to the timing of the strikes — were cashing in."
https://www.bloomberg.com/news/articles/2026-02-28/polymarket-iran-bets-hit-529-million-as-new-wallets-draw-notice
#Via Emily Gorcenski
@emilygorcenski
10:08 PM · Feb 28, 2026
"I don’t actually understand how polymarket can stay solvent if it allows such rampant insider betting. The whole point of gambling is that the house fixes the odds."
@_L1vY_ @emilygorcenski the goal of the betting market isn't betting, it's forcing outcomes via insider trading.
