What Will Explode Next? Betting Market Opens on Israel Lebanon War

Submitted by Guest on

Written by :

Guest

Published on :

Just one day after pagers used by hundreds of members of the militant group Hezbollah exploded, more electronic devices detonated in Lebanon Wednesday in what appeared to be a second wave of sophisticated, deadly attacks that targeted an extraordinary number of people.

The initial attack killed at least 12 people — including two young children — and wounded thousands more.  Small amounts of explosives were believed to have been placed in the pager shipments.

Both attacks, which are widely believed to be carried out by Israel, have hiked fears that the two sides’ simmering conflict could escalate into all-out war.

Speculation around the origins of the devices that exploded Wednesday has also emerged. A sales executive at the U.S. subsidiary of Japanese walkie-talkie maker Icom told the AP that the exploded radio devices in Lebanon appear to be a knock-off product and not made by Icom.

“I can guarantee you they were not our products,” said Ray Novak, a senior sales manager for Icom’s amateur radio division, in an interview Wednesday at a trade show in Providence, Rhode Island.

Polymarket opened a betting market on Israel invading Lebanon with 15% to 21% believing it will happen.  More than $45,000 had been wagered on this market since opening on September 18 following the pager explosions.

Note on Middle East Markets: The promise of prediction markets is to harness the wisdom of the crowd to create accurate, unbiased forecasts for the most important events to society. That ability is particularly invaluable in gut-wrenching times like today. After discussing with those directly affected by the attacks, who had dozens of questions, we realized that prediction markets could give them the answers they needed in ways TV news and Twitter could not.

Note: we are taking 0 fees on this and providing the service at a loss.

 

gilbert-horowitz-052524.png

Related Content

Live Gambling News, Top Trending: Updates 24/7 - Tuesday July 7, 2026

Live Gambling News, Top Trending: Updates 24/7 - Tuesday July 7, 2026

FIFA World Cup - UFC 329 - USA Loss - Wimbledon - Graham Platner Odds Plunge - Family Sues Over Bat in Casino Hotel Room -
UEFA Champions League Betting Odds: How to Read the Asian Handicap

UEFA Champions League Betting Odds: How to Read the Asian Handicap

The UEFA Champions League is one of the most competitive football tournaments in the world, bringing together elite clubs, world-class players, and unpredictable match situations.
Frontier Airlines Adds New Las Vegas Flights to and From Kansas City

Frontier Airlines Adds New Las Vegas Flights to and From Kansas City

Those in and around the Kansas City area now have more Las Vegas flights available to them as Frontier has just announced new service.
Where Can I Watch, Bet UFC 329 Conor McGregor v Max Holloway From Orange County, Anaheim, LA California Area

Where Can I Watch, Bet UFC 329 Conor McGregor v Max Holloway From Orange County, Anaheim, LA California Area

Max Holloway is listed as the -230 favorite to beat Conor McGregor, who pays out US$176 for every US$100 bet.  Watch parties are being held in and around the Los Angeles area including California Grill & Bar in Whittier.