Polymarket Defends Its Decision To Allow Betting On War As ‘invaluable’

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Everything is gambling now, moreover quality suffering.

by Terrence O'Brien

Feb 28, 2026, 8:46 PM UTC

Screenshot 2026-02-28 astatine 3.31.33 PM

Terrence O'Brien

is nan Verge’s play editor. He has complete 18 years of experience, including 10 years arsenic managing editor astatine Engadget.

Polymarket has been allowing group to stake connected erstwhile nan US would onslaught Iran next. Obviously, now that it’s really happened and group person died, nan prediction betting marketplace is emotion immoderate pressure. The tract has been astatine nan halfway of contention before, including suspicions of insider trading connected nan Super Bowl halftime show and nan seizure of Venezuelan President Nicolás Maduro.

In a connection posted connected its site, Polymarket defended its determination to let betting connected nan imaginable commencement of a war, saying that it was an “invaluable” source of news and answers, earlier taking shots astatine accepted media and Elon Musk’s X. The connection reads:

Note connected Middle East Markets: The committedness of prediction markets is to harness nan contented of nan crowd to create accurate, unbiased forecasts for nan astir important events to society. That expertise is peculiarly invaluable successful gut-wrenching times for illustration today. After discussing pinch those straight affected by nan attacks, who had dozens of questions, we realized that prediction markets could springiness them nan answers they needed successful ways TV news and 𝕏 could not.

We’ve reached retired to Polymarket for explanation astir its policies regarding betting connected violence, suffering, war, and death.

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