Polymarket adds betting contracts on next US target after Venezuela like Colombia or Cuba

After mysterious Polymarket traders raked in over half a million dollars on contracts related to the capture of Venezuelan dictator Nicolás Maduro, the prediction market added several new contracts betting on President Trump’s next target – like Colombia or Cuba.Traders placed wagers on whether the US will invade Cuba in 2026 – giving it a 10% chance – as well as when a possible strike might take place.By Thursday afternoon, Polymarket users saw just 9% odds that the US would launch a strike on Colombia by the end of the year.Three newly-created accounts on Polymarket won more than $620,000 on betting that Maduro would be forced out as leader by the end of the month – just hours before the US raid on the nation last Friday.The largest wager came Friday — a $34,000 bet answering “yes” to the question, “Will Nicolás Maduro be forced out of power by January 31, 2026?”That quickly fueled suspicions of insider trading, as prediction markets remain a bit of a legal gray area – with the status of betting on wars and conflict unclear.Polymarket did not immediately respond to The Post’s request for comment Thursday.The company has a data partnership with Dow Jones, which shares common ownership with The Post.Platform users now see a 36% chance that Ali Khamenei will be out as supreme leader of Iran by the end of June – up from less than 20% before the US raid on Venezuela.There were also 34% odds that Israel strikes Iran by the end of the month, and a 15% chance that the US will acquire part of Greenland by the end of 2026.Bettors saw just a 15% chance of a Russia-Ukraine ceasefire by March 31.Polymarket came under criticism for refusing to pay out bets on a US invasion of Venezuela after the US strike over the weekend – arguing that the action wasn’t technically an invasion.

Sign up to receive On The Money by Charlie Gasparino in your inbox every Thursday.Please provide a valid email.

By clicking above...

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: New York Post

Recent Articles