Key Highlights
- Next biggest rival platform, Kalshi saw $36 million in bet volume around an Iran regime shift question, as per a Washington Post reporter.
- Largely unregulated, the prediction markets have no specific rules or oversight on unfair practices such as insider trading.
- Analysts from Bubblemaps SA found that six accounts minted $1 million in profits by betting the exact date of the attack — 28 February (Saturday), it added.
- Polymarket did not immediately respond to queries on Saturday, Bloomberg said.
- Tracking patterns of the accounts that made big money amid the new war, the analytics firm noted that these were new accounts were made in February.
