economy
March 25, 2026
Earned Almost a Million Dollars with Precisely Timed Bets on Conflict with Iran
One player earned almost a million dollars since 2024 thanks to dozens of precisely timed bets on the Polimarket platform, with which he accurately predicted American and Israeli military actions against Iran, according to an analysis provided to CNN by the company Bubblemaps, reports Index.hr.
TL;DR
- A single player earned nearly $1 million from Polimarket bets predicting military actions against Iran.
- The player had a 93% success rate on large bets related to Iran, with bets placed hours before major military operations.
- Bubblemaps analysis suggests potential insider trading due to the high success rate, timing, and bet amounts.
- The player's accounts are anonymous, and Polimarket, an offshore platform, is not directly regulated by U.S. authorities.
- Polimarket has implemented new rules to clarify and prohibit insider trading on its platforms.