Would soldiers hope for a war if they could become instant millionaires? episode artwork

EPISODE · Feb 18, 2026 · 9 MIN

Would soldiers hope for a war if they could become instant millionaires?

from On the Fringe · host Dave and Gavin

This week, Gav and Dave dive headlong into the weird, wonderful world of prediction markets; giant online betting platforms where you can put a wager on just about anything. These new multi-billion dollar markets seem to be incentivizing people to bet on anything. In this quick bonus, we take a quick dive into a story of two Israelis with military connections being charged this last week with misusing military secrets to put bets on strikes against Iran--and an ongoing investigation into $400,000 dollars that one lucky punter walked away with after the removal of Nicolas Maduro in January.And, with impressive capital gains and political backing in all the right places, it doesn’t seem like something that governments or corporations will be able (or willing) to put a lid on any of this any time soon.Leave us your best feedback, a comment, or your favorite emoji and we will get back to you. Thanks again for listening!

This week, Gav and Dave dive headlong into the weird, wonderful world of prediction markets; giant online betting platforms where you can put a wager on just about anything. These new multi-billion dollar markets seem to be incentivizing people to bet on anything. In this quick bonus, we take a quick dive into a story of two Israelis with military connections being charged this last week with misusing military secrets to put bets on strikes against Iran--and an ongoing investigation into $400,000 dollars that one lucky punter walked away with after the removal of Nicolas Maduro in January.And, with impressive capital gains and political backing in all the right places, it doesn’t seem like something that governments or corporations will be able (or willing) to put a lid on any of this any time soon.Leave us your best feedback, a comment, or your favorite emoji and we will get back to you. Thanks again for listening!

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Would soldiers hope for a war if they could become instant millionaires?

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This episode was published on February 18, 2026.

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This week, Gav and Dave dive headlong into the weird, wonderful world of prediction markets; giant online betting platforms where you can put a wager on just about anything. These new multi-billion dollar markets seem to be incentivizing people to...

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