Betting on War: Inside the $54M Iran Wager Scandal
When news broke of a strike targeting Iran’s Supreme Leader, prediction markets exploded — with more than $54 million wagered on the outcome. Then came the backlash: frozen trades, reversed bets, and accusations of profiting from war. Michael sits down with Rutgers statistician and prediction markets expert Dr. Harry Crane to unpack what really happened — and what it means for the future of betting on politics, war, and government action. Original air date 5 March 2026.
March 6, 2026
29 min
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Episode 1769 · March 6, 2026
Betting on War: Inside the $54M Iran Wager Scandal
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Betting on War: Inside the $54M Iran Wager Scandal
Summary
When news broke of a strike targeting Iran’s Supreme Leader, prediction markets exploded — with more than $54 million wagered on the outcome. Then came the backlash: frozen trades, reversed bets, and accusations of profiting from war. Michael sits down with Rutgers statistician and prediction markets expert Dr. Harry Crane to unpack what really happened — and what it means for the future of betting on politics, war, and government action. Original air date 5 March 2026.
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