Polymarket Probes Suspicious Bets On Israel’s Election

Polymarket is investigating potentially suspicious betting activity linked to Israel’s election, as wagers increasingly favor former military chief Gadi Eisenkot over Prime Minister Benjamin Netanyahu.

Neither candidate’s political camp has a clear path to the 61 seats required for a Knesset majority.

Bloomberg identified more than 600 wallets created on a single day that backed either a Netanyahu victory or Likud finishing first. Researchers also found that seven accounts held 29 percent of bets against Netanyahu, raising concerns about concentrated influence.

Moran Ofir, a law professor at the University of Haifa, described prediction markets as vulnerable to manipulation.

The scrutiny follows criminal charges against a US soldier accused of using confidential military information to profit on Polymarket. Experts warn that influential traders could distort perceptions of political outcomes.

Related Tweet:

Polymarket is investigating suspicious trades on the Israeli election this week. https://t.co/rEVZJ1nyxh

— The Wall Street Journal (@WSJ) October 29, 2026

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Israel Election Deadlock Leaves Netanyahu Fighting To Stay In Power

Opposition leader Gadi Eisenkot’s camp could secure a majority with support from Arab parties Raam and the Joint List, which are projected to win 19 seats combined

tippinsightsTIPP Staff