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On Polymarket, ‘privileged’ customers made tens of millions betting on conflict strikes and diplomatic technique. What did they know beforehand? | Playing

greater by greater
January 31, 2026
Reading Time: 16 mins read
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On Polymarket, ‘privileged’ customers made tens of millions betting on conflict strikes and diplomatic technique. What did they know beforehand? | Playing


Within the early hours of 13 June, greater than 200 Israeli fighter jets started pummeling Iran with bombs, lighting up the Tehran skyline and initiating a 12-day conflict that would depart tons of useless.

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However for one consumer of the prediction market Polymarket, it was their fortunate day. Within the 24 hours earlier than the strike occurred, they’d wager tens of 1000’s of {dollars} on “sure” in the marketplace “Israel navy motion in opposition to Iran by Friday?” when the prospect nonetheless appeared unlikely and odds had been hovering at about 10%. After the strike, Polymarket declared that navy motion had been taken, and paid the consumer $128,000 for his or her fortunate wager.

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Tags: BettingDiplomaticGamblingMillionsPolymarketprivilegedStrategystrikesuserswar
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