Mystery Polymarket Bettor Stakes Around $400,000 On Putin's Ouster Before End Of Year
Key takeaways
- In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin meets with the Kursk region governor in Moscow.POOL/AFP via Getty Images Key Facts.
- The user’s bet is heavily against the market as bookmakers believe there’s only a 12% chance of Putin losing the Russian presidency—even though he is not up for reelection until 2030.
- According to NBC News, the mystery bettor could rake in as much as $2.5 million if the bet resolves in their favor.
Topline. An anonymous user has placed a $400,000 wager on the crypto betting platform Polymarket, predicting that Vladimir Putin will not be Russia’s president at the end of 2026, amid growing scrutiny of potential insider bets and wagers on geopolitical events like wars on online prediction platforms.
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin meets with the Kursk region governor in Moscow.POOL/AFP via Getty Images Key Facts. The bet, first reported by NBC News, was made by an anonymous Polymarket account, with the username ZnotluvuiSamez and a display picture showing the Ukrainian flag.
The user has made multiple bets involving Russia and Ukraine, but his biggest by far is $409,000 worth of “Yes” contracts on the question “Putin out as President of Russia by December 31, 2026?”—$50,000 of which was bought early on Thursday morning.