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High win rate of bets on military operations a likely sign of insider trading

2026-05-18 News & Politics
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Description

Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading. "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10. Subscribe to the "60 Minutes" YouTube channel: https://youtube.com/60minutes Watch full episodes: https://cbsnews.com/60-minutes/full-episodes/ Get more "60 Minutes" from "60 Minutes: Overtime": https://cbsnews.com/60-minutes/overtime/ Follow "60 Minutes" on Instagram: https://instagram.com/60minutes/ Like "60 Minutes" on Facebook: https://facebook.com/60minutes Follow "60 Minutes" on X: https://twitter.com/60Minutes Subscribe to our newsletter: https://cbsnews.com/newsletters/ Download the CBS News app: https://cbsnews.com/mobile/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: [email protected]

Top Comments (10)

@redsox258 2026-05-18

It's a completely open secret at this point that prediction markets are legalized insider trading.

312 18 replies
@joesalgadSF415 2026-05-18

When politicians do it, no big deal but a regular person it becomes a big deal. The people aren’t allowed to “steal” from the rich

187 8 replies
@TonyMontana-cl6hz 2026-05-18

There is always a lot of money to be made off of two things: sick people and war.

155
@MandoDando 2026-05-18

The people who cheat don't want others in on the scam.

24
@AreYouSerious-210g 2026-05-18

The system punishes a commoner for posing as a member of the “noble” class.

32
@willzsportscards 2026-05-18

The fact that this is legal shows you how corrupt and cancerous and morally bereft our society has become.

226 4 replies
@doobieddooo 2026-05-18

Betting on war is dystopian.

54 4 replies
@AnotherDay-n2i 2026-05-18

When the leader of the country is openly corrupt it gives everyone else the go ahead to be corrupt.

130 23 replies
@robertfleming5511 2026-05-18

The government is going to do absolutely nothing about this....

26 4 replies
@tonyruis8302 2026-05-18

Is it wrong? Yes. But when you have Congress doing insider trading & Trump doing his thing how can you charge someone else?

24

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