The online wager platform Polymarket has angered some gamblers by declaring it will not settle millions of dollars’ worth of bets on a US invasion of Venezuela, arguing that the capture of the then president, Nicolás Maduro, does not qualify.
Before Donald Trump’s forces seized Maduro on Saturday morning, some traders appeared to have anticipated the shock move by placing bets on “prediction markets”.
These are gambling platforms that allow individuals to wager on a range of markets that have been created by the host website. They are typically binary bets, punting on yes/no or higher/lower outcomes.
