Traders placed over $1bn in perfectly timed bets on the Iran war

2 months ago by veggibles to c/world

Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers
ivanafterall 32 points 2 months ago

What a coinkydink.

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TwinTitans 20 points 2 months ago

Well why not. No one’s going to stop them so… 🤦🏻

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ZombieCyborgFromOuterSpace 3 points 2 months ago

I wish there was though...

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thebasementcakes 14 points 2 months ago

Iran is probably making money trading on it too

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Iconoclast 5 points 2 months ago

And how many bets were timed imperfectly?

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InFerNo 2 points 2 months ago

Is this a broken clock situation or concerning outliers?

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Iconoclast 2 points 2 months ago

Reporting that a handful of people made a correct guess isn't as suspicious if there are tens of thousands who were way off.

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SlurpingPus 2 points 2 months ago

That's not how it works. The handful are taking the money from the tens of thousands, that's exactly what's odd.

A mitigating circumstance would be if the same handful lost as much in other bets.

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Iconoclast 2 points 2 months ago

That's kind of how betting works - few guess right and they win the money that everyone else lost.

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BarneyPiccolo 1 point 2 months ago

Last I heard, it was well over a dozen, all perfectly timed with insider information.

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MalReynolds 4 points 2 months ago

Who's the damn house in this equation ? That's some Trumpian casino mismanagement.

Oh, right, $950 million was from the stock market, so peoples retirement funds I guess...

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Bluedragon012 4 points 2 months ago

Document who did this. Make thier names known. Prep the evidence. Get ready for a fight.

No will stop them right now. But Im certain none of us will forget nor forgive.

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quick_snail 2 points 2 months ago

Does polymarket require KYC?

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quick_snail 1 point 2 months ago

Who wants to bet that Iran is able to get Intel from polymarket based on Trump's bets?

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