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The Guardian - UK

Politics

Simon Goodley

US traders make big profits betting on Maduro’s capture in January

Nicolás Maduro United States Polymarket Venezuela

Nicolás Maduro being escorted by DEA officers — Nicolás Maduro was escorted towards the Daniel Patrick Moynihan United States courthouse in Manhattan on Monday. Photograph: Adam Gray/Reuters

Gamblers appear to have made large profits after successfully betting on the capture of Venezuela’s president, Nicolás Maduro.

Ahead of Donald Trump’s shock announcement on Saturday morning, traders seemed to have anticipated Maduro’s political demise by placing timely wagers on so-called “prediction markets”.

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