Event Wagers Face Insider Problem Amid War Bets

Concerns are mounting over potential insider trading in event wagers, particularly those related to geopolitical conflicts. A surge in concentrated trades last week fueled speculation that individuals may have leveraged early knowledge of sensitive decisions, such as those concerning Iran, to secure substantial profits. This situation highlights the challenges in preventing the misuse of non-public information within prediction markets, especially when betting volumes increase significantly. The boom in war-related bets exacerbates these concerns, raising questions about market integrity and the potential for unfair advantages.