Skip to Main ContentTrader Won Big On Polymarket With Well-Timed Iran Bets: ReportCNN reported Tuesday that a trader on one of the biggest prediction market platforms has made nearly $1 million by betting on highly unpredictable events related to military action in Iran since 2024.Using findings provided by analytics company Bubblemaps, the outlet said 93% of the gambler's five-figure Polymarket bets came off.One of their successful bets was placed hours before the U.S. and Israel launched a surprise attack on Iran last month that sparked the ongoing war in the region.The story will raise fresh questions about insider trading, as well as the growth in political betting, and comes after it emerged oil traders bet hundreds of millions of dollars ahead of Trump's Monday Truth Social post about a five-day pause on bombing Iranian power plants. Polymarket did not respond to CNN.Read more at CNN:See All UpdatesClose