
'It turns the entire world into a casino' - Polymarket explained
From Radio National Breakfast by ABC Australia
April 29, 2026 · 9 min
About this episode
The episode discusses the rise of unregulated online prediction markets like Polymarket and a recent legal case involving a U.S. soldier.
Betting on everything and anything has seen a surge in unregulated online prediction markets, like Polymarket. In the latest development, a U.S. special forces soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000 on Polymarket. Gannon Ken Van Dyke made the plea in a New York federal court yesterday. So how is polymarket being used to observe and predict military strikes? GUEST: Bobby Allyn, NPR tech correspondent PRODUCER: Eddy Diamond
People in this episode
Guest: Bobby Allyn
Topics covered
- online prediction markets
- Polymarket
- military strikes
- betting
- unregulated markets
Keywords
- Polymarket
- betting
- prediction markets
- military strikes
- Nicolás Maduro
- Gannon Ken Van Dyke
Mentioned in this episode
Organizations: NPR, Polymarket
Places: United States, Venezuela, New York
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