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deminks

(11,511 posts) Sun Mar 1, 2026, 08:42 PM 15 hrs ago

Polymarket acct made $500,000+ betting on Iran strike 71 minutes before news broke

It appears that a Polymarket account called "Magamyman" made 5,000 in a single day betting on last night's U.S. strike on Iran, with the first trade placed 71 minutes before the news broke publicly.
— Mike Levin (@mikelevin.org) 2026-03-01T04:55:33.289Z

It appears that a Polymarket account called "Magamyman" made $515,000 in a single day betting on last night's U.S. strike on Iran, with the first trade placed 71 minutes before the news broke publicly.

End snip.

3 replies

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Polymarket acct made $500,000+ betting on Iran strike 71 minutes before news broke (Original Post) deminks 15 hrs ago OP

Not that difficult a bet. no_hypocrisy 15 hrs ago #1

Was it Trump jr or Erik? at140 15 hrs ago #2

knr - posted this in LBN ... cliffside 13 hrs ago #3

no_hypocrisy

(54,707 posts)

1. Not that difficult a bet.

Reply to deminks (Original post)

Sun Mar 1, 2026, 08:47 PM

15 hrs ago

Huckabee more or less told American citizens to leave Israel within 24 hours before the strike.

at140

(6,223 posts)

2. Was it Trump jr or Erik?

Reply to deminks (Original post)

Sun Mar 1, 2026, 09:00 PM

15 hrs ago

Rubio!!!

cliffside

(1,655 posts)

3. knr - posted this in LBN ...

Reply to deminks (Original post)

Sun Mar 1, 2026, 10:48 PM

13 hrs ago

https://www.democraticunderground.com/10143624565

A few other links there including this article shared by jls4561 from NYT.

Leading Prediction Firms Share a Commonality: Donald Trump Jr.

"...At the intersection of the prediction market industry and Trump world is Donald Trump Jr., the president’s eldest son. He is both an investor in and an unpaid adviser to Polymarket, and a paid adviser to Kalshi, the two biggest prediction markets. And he is a director of the Trump family’s social media company, which recently announced it would start its own platform called Truth Predict..."

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