- Users of prediction market platform Polymarket are callously wagering on the spread of the disastrous California wildfires, which have killed at least five people and forced more than 100,000 to evacuate.
The deadly California wildfires that have claimed lives, destroyed communities, and forced thousands to flee their homes to safety have spurred Polymarket gamblers to wager on the devastation left in their wake. Users have placed bets on about 20 predictions as of Thursday, ranging from whether the catastrophe will spread to Santa Monica to the number of acres the blaze will engulf by Sunday. About 20% of users have predicted decimation up to 80,000 acres, and some of these predictions have accumulated pools exceeding $100,000.
