Win on the Polymarket platform
A user of the Polymarket platform won over $400,000 betting on the resignation of Venezuelan President Nicolas Maduro, who was captured during an American operation on January 3, 2024. The total winnings amounted to $436,759.61 with a total stake of $32,538.34. This win was made possible by bets placed on Maduro's departure after he was detained by American intelligence services.
Nicolas Maduro has held the position of President of Venezuela since March 5, 2013, when he won the general elections on April 14 of the same year, defeating Henrique Capriles. The Polymarket user began placing bets on this event on December 27, and between January 1 and 3, they placed a total of $31,215 on Maduro's resignation. Bets on the operation in America amounted to $96, while the president's resignation was $123.34.
Political consequences
The operation in Venezuela was planned for several months and was supposed to take place during the holidays. Maduro's arrest occurred along with his wife Cilia Flores as a result of a US special operation. The US Department of Justice has already released a new indictment against Maduro, his wife, and son. Regarding the successful operation, Donald Trump stated:
“The scale of US actions against Venezuela and its leader Nicolas Maduro is significant” – Donald Trump.
At the same time, Delsy Rodriguez emphasized that Maduro is the only legitimate president of the country.
Nicolas Maduro's arrest has significant political consequences for Venezuela and international relations in the region. In a situation where the country is undergoing economic and political crises, this event could lead to new changes in power and potential escalation of conflict between Venezuela and the US. Bets on political events on platforms such as Polymarket reflect investor interest in global news and potential changes in power, which may indicate new trends in financial speculation based on political events.