Polymarket: why are people betting on war? | This Is Why

Lots of people enjoy a flutter – but have you ever considered betting on a US strike on Iran? Or when Russia will take control of a village in the Donbass? Or what day a head of state might be killed? It’s a macabre thought for even the most compulsive gambler – but punters are betting millions of dollars on prediction sites like Polymarket and Kalshi, which both have links to Donald Trump Jr. High stakes bets on specific acts of war have led to allegations of insider trading and potential market manipulation. Niall discusses Polymarket and the ethics of wartime betting with Sam Doak of Sky News’ Data and Forensics unit. If you're struggling with gambling, you can speak to GambleAware in the UK on +448088020133 or visit https://gambleaware.org Have you got a question for the team? Email the show – [email protected] Follow This is Why, available for free here: https://podfollow.com/thisiswhy Follow Niall on Instagram: https://www.instagram.com/skynewsniall Follow Niall on X: https://twitter.com/skynewsniall SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales