The best way to win on prediction markets: insider information
Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI
It certainly looks like an insider may have cashed in big by betting on Venezuelan President Nicolás Maduro's American-orchestrated ouster. Is that allowed? Good question! Maybe not, but also, to some extent, that's the point, and nobody's doing anything about it, anyway.
Just ahead of Maduro's capture over the first weekend of January, a newly created account on the prediction market Polymarket put $30,000 on his exit.