Gamblers can now bet on the outcome of wars – and that’s a problem
- Written by Karoline Thomsen, Ph.D. Candidate, UNSW Sydney
The growing threat of conflict in the Middle East last week prompted a flood of activity in a little-known area of betting: prediction markets in which users can bet on a particular military action.
One user of the Polymarket betting platform won US$4,500 (A$6,350) by predicting the exact date of the United States striking Iran.
In total, Polymarket...
Read more: Gamblers can now bet on the outcome of wars – and that’s a problem
