HomeVideos

How Insiders Are Profiting Off a War You're Paying For

Now Playing

How Insiders Are Profiting Off a War You're Paying For

Transcript

486 segments

0:00

February 27th of 2026, anonymous account

0:02

deposits $61,000 and places a single

0:06

bet. A prediction that the United States

0:09

will bomb Iran tomorrow. The US and Iran

0:12

trading new threats around the straight

0:13

of Ormuz. The next day, war breaks out

0:16

and that account cashed out over

0:18

$493,000

0:20

in profit. That account was one of six,

0:23

all created within 24 hours of the

0:25

attack, all betting on the exact same

0:27

date, and together they made 1.2 $.2

0:30

million. And it's part of this

0:32

disturbing pattern that's forming. The

0:34

same thing happened when Venezuela's

0:36

president got captured. So the question

0:38

becomes, how the hell did we get to this

0:40

point? Well, it's all happening on a

0:42

platform where you can literally bet on

0:44

anything. Before it was a bunch of

0:46

degenerate gamblers betting on whether

0:48

the earth is flat. But now over $1

0:51

billion has been bet on this war alone.

0:54

And people are even placing bets on

0:56

whether a nuke gets dropped. But that

0:58

isn't even the scariest part. The

1:00

scariest part is that the people placing

1:02

these bets might be the same people

1:04

deciding when the bombs fall. So, I

1:07

follow the money to see how we got here,

1:09

who's built it, and who's protecting it.

1:11

And what I found is that this problem

1:13

goes beyond national security and money.

1:15

And if something doesn't change, this

1:18

conflict might very well end up as the

1:21

last bet we will ever place.

1:23

>> Deadly American strikes, and some people

1:25

may have made money from them. It's the

1:27

most accurate thing we have as mankind

1:29

right now.

1:29

>> Gamble on using insider information to

1:32

make massive profits while bombs fall.

1:44

So to understand how we got to this

1:45

point where war and human suffering

1:47

became this trading floor, you need to

1:50

first understand that this didn't just

1:52

happen out of nowhere. Because if you

1:53

think about it, we all have this gut

1:55

feeling that damn like this is probably

1:58

wrong. So you can imagine that it took

1:59

years to train out that feeling. But you

2:02

can imagine just like most technologies,

2:04

this all started in the military. After

2:06

2001, the intelligence community was

2:08

pretty desperate. As the story goes, the

2:11

biggest attack on American soil happened

2:13

and intelligence failed to catch it. So

2:16

the Pentagon was at this place where

2:17

they started to look for unconventional

2:19

ways to predict this next threat. And

2:22

one idea came from this experiment

2:23

that's been running since 1988 where

2:26

Iowa electronic markets were letting

2:28

people bet real money on election

2:31

outcomes. It turns out year after year

2:34

those bets were a lot more accurate than

2:36

the experts or the polls. So the

2:38

Pentagon thought if markets are a lot

2:40

better than experts at predicting

2:42

elections, wouldn't this be the same for

2:44

national security? So in 2003 the

2:46

Pentagon built it. They called it the

2:48

policy analysis market. And the plan was

2:50

to let people bet on political and

2:52

military developments across eight

2:54

Middle Eastern countries, including

2:56

coup, assassinations, and tea attacks.

2:59

And I got to give a lot of props because

3:01

it probably takes a lot of balls for the

3:02

Pentagon to be like, regular people can

3:05

figure this out better. But anyways, by

3:06

the next Tuesday morning, it was up and

3:09

running. And oh yeah, by Tuesday

3:12

afternoon, it was dead. It was because,

3:14

believe it or not, back in 2003, both

3:16

sides could actually agree on things and

3:18

we actually had common sense. Once

3:20

Congress heard about this, the

3:21

Democratic Senate leader Dalshley called

3:24

it a hoax and an incentive to commit

3:26

acts of terrorism. And Republicans share

3:28

those exact same concerns as they worry

3:30

that terrorists could place bets on the

3:33

platform and then literally profit from

3:35

the violence that they caused. And just

3:37

like that, it became one of those ideas

3:39

that both sides agree should never exist

3:41

until 20 years later, of course. And

3:44

today, it's everywhere. Leading me to

3:46

today, where the two biggest platforms

3:48

are Poly Market and Koshi. And if you've

3:50

been living under the rock and you

3:51

haven't heard about them, they let you

3:52

buy and sell contracts on real world

3:54

events from election, sports, weather,

3:57

and whether Jesus will return before

3:59

2027. But what's blown up recently is

4:02

exactly what the Pentagon killed, which

4:04

is betting on geopolitical events like

4:06

this recent war. And it's exactly why

4:09

this video is sponsored. No, I'm

4:11

kidding. But let me tell you, they've

4:13

been trying. Anyways, for this video,

4:14

we're going to focus on Poly Market

4:16

because Koshi is US regulated, meaning

4:18

that it requires you use your real name

4:21

and they actually have to follow certain

4:22

regulations. But with Poly Market, they

4:24

run on crypto and it lets you bet

4:26

anonymously through a VPN. In fact, if

4:29

you're American, that's the only way you

4:30

can access it. So, I think you get the

4:32

point. But let's say you happen to know

4:33

something about a war before the public

4:35

did. You can guess which platform you

4:37

would go to. And that's exactly what

4:39

happened in January when an anonymous

4:40

trader placed a $32,000 bet on

4:42

Venezuela's president getting captured.

4:44

And just hours later, he won $400,000

4:47

from the announcement. But the thing is,

4:48

that's nothing compared to what's

4:50

happening now. Because with this war,

4:52

they're building an entire economy

4:54

around it. Bets like when will US strike

4:57

Iran were live months before it became

4:59

reality. And when I went on the platform

5:01

myself, I saw questions from will oil

5:04

hit $100 per barrel. When will the US

5:07

and Iran agree to a ceasefire? Will the

5:09

US send ground troops? Who will be the

5:10

next Supreme Leader of Iran? In fact, I

5:13

found 213 different questions all having

5:16

to do with this war. So, remember how

5:18

the Pentagon believed that markets could

5:20

predict threats better than experts?

5:21

Well, they sure as hell weren't wrong

5:23

because even before the strikes

5:25

happened, the market started pricing in

5:27

the attack weeks before any news outlet

5:29

was reporting it. So, what that tells

5:31

you is that betting markets with enough

5:33

participants can genuinely predict the

5:35

future better than any government agency

5:37

or news network, at least on paper,

5:40

because then you look at who was

5:42

actually winning. Like I told you

5:44

earlier that these six newly created

5:45

accounts that made $1.2 million, all

5:48

those were new accounts that placed bets

5:50

hours before. And of course, we can't

5:52

prove this, but there's a pretty good

5:54

chance those weren't just lucky

5:55

bastards. One of those six accounts I

5:57

talked about earlier was this account

5:59

called Magga My Man that literally made

6:01

more than half a million dollars by

6:03

predicting the Supreme Leader's death

6:05

just hours before the strikes. So, I

6:08

think there's a pretty good chance these

6:10

weren't just lucky bastards that guessed

6:12

right. These are most likely people that

6:14

are close to the source. And as I'll get

6:16

into later, Poly Market knows this

6:18

because after the strikes, they put out

6:20

a note claiming that war betting gives

6:22

people directly affected by the attacks

6:24

the answers they need in ways TV news

6:27

and X could not. So, not only are they

6:29

defending war betting when the CEO

6:32

himself has literally called insider

6:34

trading super cool, what I'm telling you

6:36

is that it's actually part of their

6:38

value. So the idea that was so

6:40

disgusting in 2003 that both parties

6:42

killed in a single day is now being

6:45

framed as a public service to regular

6:47

people while insiders are openly

6:50

encouraged and allowed to benefit. And

6:53

the only difference this idea hasn't

6:55

been killed is because enough money got

6:57

behind it that nobody can stop it. And

7:01

so what that should tell you is whether

7:03

prediction markets or your career, the

7:05

pattern is always the same. The people

7:07

who understand the game win, and I'd

7:09

rather you be on the right side instead

7:11

of ignoring it. That's why this

7:12

partnership with Masterclass made sense

7:14

to me. They launched a self-paced

7:16

program, Masterclass Certificate, and AI

7:18

fundamentals, and it is built to help

7:20

you go from AI confusion to practical

7:22

fluency. In the class, you learn how to

7:24

redesign your daily workflows with

7:25

generative AI, sharpen judgment and high

7:28

stakes decisions, and apply AI

7:29

confidently in the real world work. And

7:32

the program involves hands-on activities

7:34

in a final capstone project you can

7:35

actually share as proof of your skills.

7:37

It's built by a masterclass and taught

7:39

by best-selling authors, senior AI

7:41

executives, and practitioners who are

7:43

guiding realworld AI adoption today. So,

7:45

use the link in the description or scan

7:47

the QR code here to check out the

7:49

masterclass certificate in AI

7:51

fundamentals. So, back to the video

7:53

because I follow the money to find out

7:55

who's made it. So, now we're betting on

7:57

war. And as expected, what I found is

7:59

that the people funding this platform,

8:01

the people protecting it, and the people

8:03

regulating it are all connected. But

8:06

what I didn't expect to find is where

8:08

this all leads to.

8:13

And so, let's start with who's funding

8:15

it. Peter Theel's Founders Fund led Poly

8:18

Market's $45 million funding round. And

8:20

if that name sounds familiar, it's

8:22

because he's literally invested in

8:24

everything. You probably know him most

8:26

from Palunteer, the surveillance company

8:28

that holds contracts with the US

8:30

military and intelligence agencies. Just

8:32

right before I was about to record this,

8:34

Poly Market announced that Palunteer

8:36

will now build the integrity monitoring

8:38

system to catch insider training

8:40

happening on the platform. So, the same

8:42

guy profiting from government

8:43

intelligence contracts is now also about

8:46

to fund and monitor a platform where

8:49

people with government intelligence are

8:52

allegedly making millions. Poly Market

8:54

also receives funding from the

8:55

Intercontinental Exchange, the company

8:57

that literally owns the New York Stock

8:59

Exchange. And just recently, they put $2

9:01

billion in. So point is, they have the

9:03

biggest names in surveillance in Wall

9:05

Street all in. But the thing is, even

9:06

with all that money, it can only go so

9:08

far because when the Pentagon project

9:10

can even be shut down, you also need

9:12

someone to make sure that doesn't

9:14

happen. Well, good thing Donald Trump

9:16

Jr. is not only an adviser to both Poly

9:18

Market and Khi, but his venture capital

9:20

firm has also invested millions in a

9:22

poly market, but the family web goes

9:24

deeper. I didn't even know this, but

9:26

President Trump's own media company has

9:28

also launched his own prediction

9:30

platform called Truth Predict with

9:32

Crypto.com. So, the point is, the Trump

9:34

family has a vested financial interest

9:36

for the platform to succeed, but also to

9:38

politically protect these prediction

9:40

markets. It's exactly why when the DOJ

9:43

under Biden raided Poly Market CEO's

9:46

home and seizes devices for letting

9:48

Americans bet on the platform through

9:49

VPNs in 2022, charges were immediately

9:52

dropped once Trump came into office. But

9:55

no amount of protection is guaranteed

9:57

until you put the right guy in charge of

9:59

writing the rules. Trump's pick to lead

10:01

the CFTC, which is like the agency

10:04

that's supposed to regulate these sorts

10:05

of markets, is a guy named Michael

10:07

Seelig. And before he got this job, he

10:09

was this lawyer who represented crypto

10:11

clients. And the very first thing he did

10:13

when he got the position was recruit

10:15

executives from Poly Market, Cali,

10:17

Crypto.com, DraftKings, and FanDuel to

10:19

advise his agency on how to write the

10:21

rules for their own industry. But I'm

10:23

laughing because it sounds ridiculous,

10:25

but soon after he killed the rule that

10:27

would have banned political and sports

10:29

betting contracts. And he did this by

10:31

classifying prediction markets as

10:32

commodities, not gambling. because

10:35

commodities have way looser rules. So

10:38

now states that were trying to sue Poly

10:40

Market and Koshi for violating gambling

10:42

laws can't touch them anymore. And oh,

10:45

like by the way, he's doing this all by

10:47

himself. All four other commissioner

10:50

seats that were previously taken are now

10:52

empty. So it's just him writing these

10:55

rules advised by the very companies that

10:57

he's supposed to regulate. So that's the

11:00

funding, the political connections, and

11:01

the captured regulators. But remember

11:04

how I said that I didn't expect where

11:06

this all led to? Because if we're really

11:08

going to follow the money here, none of

11:10

it really works without one thing, and

11:12

that's you. Before, those who profited

11:15

from the war were only the insiders. But

11:18

now, every time you place a bet on war

11:20

breaking out or someone getting unlive,

11:22

the uncomfortable truth is that makes

11:25

you a war profiter, too. And so you

11:27

could blame the others and the big guys,

11:29

but $1 billion has already been bet on

11:32

this war alone. And congrats, if you

11:34

win, you just bet on human suffering.

11:37

And even when you lose out on your bet,

11:39

your money is what lets insiders cash

11:41

out half a million dollars the same week

11:44

everyone's gas goes up. So just like

11:46

defense contractors may not want it to

11:48

end, the prediction market business

11:50

model also doesn't need them to end

11:52

either. Because longer the crisis, the

11:53

more uncertainty. And the more

11:55

uncertainty, the more people trade. And

11:57

the more people trade, the more the

11:59

platform makes. And you're funding it,

12:02

too. But the thing is, the real cost of

12:04

all this goes beyond money. Because what

12:06

nobody's talking about is what happens

12:08

when the people placing the bets are the

12:11

ones influencing the wars themselves.

12:17

And this might be the most dangerous

12:19

consequence of what's happening right

12:20

now because remember that Venezuela

12:22

story I've been talking about? Well,

12:24

there's a part of the story I didn't

12:26

even tell you. When that bet was placed,

12:28

the odds on Poly Market spiked because

12:30

people watching this knew this wasn't

12:32

just some regular Joe. And what that

12:34

means is that that spike was visible to

12:36

anyone on the platform, which means it

12:38

includes the very people the operation

12:41

was targeting. An analysis in the

12:43

Irregular Warfare Journal calculated

12:45

that from the moment that bet was

12:47

placed, Maduro's security detail had

12:49

precisely 40 minutes to relocate him

12:52

before the US special operations team

12:54

arrived. So now really think about that.

12:57

What I'm telling you here is that

12:58

probably the most important asset in

13:00

warfare, the element of surprise, was

13:03

almost blown by some dude chasing bands

13:06

on a betting platform. And that was just

13:08

one bet on one operation. But now

13:11

there's 213 of these active markets on

13:15

this war. So what happens if foreign

13:18

intelligence catches on to that same

13:20

pattern? The consequences are different.

13:22

That next leak may not just end in a

13:24

compromised mission, but if we start

13:26

sending ground troops, that means

13:28

compromised American lives. And again,

13:31

the craziest thing of all this is that

13:32

the poly market CEO knows this and

13:35

encourages it allegedly because the poly

13:38

market CEO doesn't just go on 60 Minutes

13:40

and call prediction markets the most

13:43

accurate thing we have as mankind for no

13:45

reason. The access is what they're

13:47

selling. And it's exactly why CNN, CNBC,

13:51

and the Wall Street Journal have all

13:53

struck deals with prediction markets.

13:55

because I think you and I can agree that

13:56

new sources know better than anyone that

13:58

closer the source like the more valuable

14:00

the information. And I don't even have

14:02

to say allegedly because it's it's

14:04

happened. Two people in Israel were

14:06

charged with security offenses for using

14:09

classified intelligence to bet on the

14:11

June 2025 strikes. So what I'm telling

14:14

you is that what he's really selling

14:16

here is access to people who already

14:18

know the answer. And that's what really

14:20

worries me because what happens when

14:22

people with the power to decide when the

14:25

US strikes another country is also

14:27

invested in a market predicting when the

14:30

US will strike that country? No one's

14:32

been caught doing that yet officially in

14:34

America. But the thing is they don't

14:36

even have to be that corrupt to make a

14:39

bunch of money now. And that incentive

14:40

that exists wasn't there 2 years ago.

14:43

So, I guess we can just thank God that

14:45

this incentive didn't exist during World

14:47

War II because it could have been a lot

14:49

worse. But now the question becomes how

14:52

far does this all go and lead to? Well,

14:55

Poly Market has already answered that.

14:57

After the US has struck Iran, people

14:59

started noticing something. They noticed

15:01

that Poly Market has been quietly

15:03

running a market for years now on

15:05

whether nukes will be detonated by the

15:07

end of 2026. Over 650,000 have already

15:11

bet on it. And after the strikes, enough

15:13

people voted yes that odds reached as

15:16

high as 22%. So what's clear is that

15:19

there is really no line because the only

15:22

reason they pulled it was that enough

15:24

people started getting pissed. And so

15:26

what we're clearly seeing here is this

15:28

new reality of war right in front of our

15:30

eyes. When someone in Tran is sheltering

15:32

from bombs and an American soldier's

15:34

family is waiting for news just becomes

15:37

this other side of someone else's odds.

15:40

What's pretty clear is that war now

15:42

isn't just being fought. It's being

15:44

influenced, traded, and profited from.

15:47

And that system that makes that possible

15:50

is only getting and going to get bigger.

15:53

But with all that said, the part that

15:54

actually scares me the most isn't this

15:56

the money or even the national security

15:58

risk. It's what this does to how we

16:01

think. Because be real with me. Have we

16:03

ever been less equipped to have informed

16:05

opinions between the rage bait, the

16:07

brain rot, and the president that I

16:09

voted for that campaigned on no new

16:11

wars? We will have no more wars. No more

16:14

wars. No more wars. Is it a surprise

16:16

that most people have given up on

16:18

figuring out what's actually true? And

16:20

the thing is, when people stop trusting

16:22

their own judgment, something will

16:23

always fill that gap. And right now,

16:25

that something is a platform telling you

16:27

that you don't even have to read or even

16:29

think. in that if you just check the

16:31

odds, it will tell you what the truth

16:33

is. And what worries me is that that's

16:35

the definition of a world slowly going

16:38

towards mass delusion. But maybe that's

16:40

the point because that's the world where

16:42

these platforms profit the most. So no,

16:44

I'm not going to sit here and tell you

16:46

to stop using prediction markets. I'm

16:48

not your dad. But I do think there is a

16:50

version of this that we don't come back

16:52

from. Where every crisis comes with a

16:55

bet, we stop viewing this as human

16:57

suffering and conflict. And it's where

16:59

we stop asking what's true and start

17:01

asking what's the smartest bet. And

17:04

whether this video gets suppressed or

17:06

you cancel me in the comments, I have to

17:08

be real with you. We're fighting a war

17:10

we have absolutely no business fighting.

17:12

And when we're at the point where people

17:14

are placing bets on nukes, maybe the end

17:17

times are already here. But in a world

17:19

where everything has odds, maybe the

17:21

only hedge left is choosing to think for

17:23

yourself, even when the odds are against

17:25

you. But I will bet that if you do like

17:27

this video, you'll also like my free

17:30

newsletter in the video description

17:32

where we help you learn about how money

17:34

and power works in five minutes every

17:35

week. But in all seriousness, if you

17:37

would rather watch this other video that

17:39

I made on how gambling predicts the next

17:41

recession, like this video and go watch

Interactive Summary

The video examines the rise of prediction markets like Poly Market, where users wager on real-world events, including ongoing military conflicts. It highlights the disturbing trend of anonymous traders potentially profiting from insider information regarding geopolitical attacks, while powerful venture capitalists and political figures protect and benefit from these platforms. The narrator argues that these markets not only turn human suffering into a financial commodity but also pose national security risks by potentially compromising military operations through leaks, ultimately encouraging a dangerous detachment from reality.

Suggested questions

3 ready-made prompts