I would never gambling in polymarket and etc.. against insider info, fake maps in ukraine fiasco, and also they could choose not to pay out. The gamification of gambling in NA is absolutely asinine and are a plague to society, it will become the next fentanyl crisis. But hey, whatever to keep the green line up.
There was a $54 million dollar bet on when Khamenei would no longer be the leader of Iran and his death would mean that he was no longer the leader of Iran. Kalshi promoted the bet but on the same day as the war started. They posted a notice to exclude Khamenei death as an invalid reason for him not being the leader.
Unsurprisingly, people are completely livid in raging anger.
Kalshi faced a customer revolt over how it handled a $54 million market about the fate of Iran’s leadership. “People are absolutely livid,” says Kalshi trader Nicholas Mahoney.
The market offered “yes” or “no” contracts on whether Khamanei would be “out” as the nation’s Supreme Leader
included a “death carve-out” for markets on when leaders will leave office. But Kalshi had only added a notice about the carveout to the webpage for the market after the attack on Iran had begun, which meant that some traders did not see it
A source at Kalshi told WIRED the company lost approximately $2.2 million on the incident.
“Sorry.” -
“I'm sorry for the disappointment. We'll improve, thank you for bearing with us,” he wrote. (CEO Mansour)