Trump threats against Iran are a boon for prediction markets, including some backed by his son
News Source : Associated Press
News Summary
- Online betting companies that allow people to wager on Trump policies and statements are profiting.
- Trump Jr.'s famously fickle father has proven to be a rich source of will-he-or-won’t-he questions.
- When a wagering event on Polymarket asked whether Trump was likely to send troops into Iran, nearly 100,000 bets were placed on April 8.
- In total, 413 million bets on the Iran war were made risking more than $100 million.
NEW YORK (AP) Will President Donald Trump send troops into Iran? Will he rename the Strait of Hormuz after himself? Will he post again praising Allah? No one knows the answers, but online betting c [+5827 chars]
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