How people are making millions on the Iran war
By Hady Mawajdeh, Sean Rameswaram••Vox
Bettors on prediction markets like Polymarket and Kalshi have wagered hundreds of millions of dollars on the current conflict in Iran. Which means lots and lots of folks are trying to get rich betting on wars. In the lead-up to the United States and Israel’s…
A betting page on Kalshi about Iran closing the Strait of Hormuz. | Samuel Boivin/NurPhoto via Getty Images Bettors on prediction markets like Polymarket and Kalshi have wagered hundreds of milli…