⚔️ War & Conflict Jul 30, 2026 · Miguel Ramalho

Will Ronaldo Cry​? World Cup Fans Bet Billions Through Prediction Markets

Bellingcat
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Will Ronaldo Cry​? World Cup Fans Bet Billions Through Prediction Markets
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Cristiano Ronaldo during Portugal’s losing game against Spain earlier this month. Source: Imagn Images via Reuters Connect


Football fans wagered more than US $14 billion on the FIFA World Cup through prediction markets Polymarket and Kalshi, a Bellingcat analysis has found.







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On the crypto-based Polymarket, which provides

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