> The day before, 150 users bet at least $1,000 that the United States would strike Iran within the next 24 hours

Yeah, I heard the same thing at the same time from several friends. And I'm not talking top brass, so it must have been pretty obvious at that point.

There were definite geopolitical signals of an impending conflict - ie. warships moving into the region, Iran increasing oil exports just days before the attack.

I guess what might be more interesting is how many people bet $1000 the day before that, and the day before that. That would be more helpful to determine what is noise from well-informed outsiders vs. insiders.

> There were definite geopolitical signals of an impending conflict - ie. warships moving into the region, Iran increasing oil exports just days before the attack.

As a noob to this area, how would [Iran increasing oil exports] indicate [higher chance of impending conflict]? Is the idea that Iran exported more oil to raise some funds in expectation of the conflict? Surely if Iran expected conflict it would have done more than just increase oil exports?

It could signal potential disruption to the Strait of Hormuz.

And what were the odds?

That is, if it's 20:1, say, then I can bet $1000 to win $20,000. I can do that several days in a row (if I've got that kind of money). If I think there's, say, a 25% chance that the US is going to attack, then I only have to be within four days.