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Trump's Speech Skips 'Ceasefire' and 'Peace', Leaving Polymarket Traders Who Bet Against These Words Profitable
The word-mention prediction market was buzzing before President Donald Trump's televised address, and bettors scored big based on which terms he used and which he avoided.
Apr. 2, 2026 at 7:21am
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In a much-anticipated televised address, President Donald Trump's speech on the military campaign against Iran notably omitted the words 'ceasefire' and 'peace', contrary to expectations of a de-escalatory message. This left traders on the Polymarket prediction market who had bet against the inclusion of those terms profiting handsomely, with one user securing a $6,300 gain. The speech also featured mentions of 'regime change' and the absence of references to Iran's current and former supreme leaders, leading to additional profitable bets on the platform.
Why it matters
Prediction markets like Polymarket have become increasingly popular as a way for traders to speculate on the outcomes of political and geopolitical events. The ability of traders to profit from accurately predicting the content of high-profile speeches and statements raises questions about potential insider trading and other legal issues surrounding these markets.
The details
Ahead of Trump's address, over $100,000 was wagered on the word 'Ceasefire/Peace Deal' on Polymarket, as many expected a de-escalatory message. However, Trump stated that the war will continue until 'objectives are fully achieved' and threatened further strikes on Iran. Both 'ceasefire' and 'peace' were absent from his speech, allowing one user, Dragontree, who purchased 'No' shares when the odds were 35%, to secure a $6,300 profit. Wagers tied to 'Hormuz' mentions totaled $146,000, with a user named Nikitanrg earning roughly $791 after a 25% gain on 'Yes' shares. 'Regime Change' was also mentioned, with user adelgranado making a 54% gain on 'Yes' shares. Meanwhile, the absence of references to Iran's current and former supreme leaders, Khamenei and Khomeini, allowed user Valen9 to score a 76% gain, or $1,457, betting on 'No' shares.
- President Donald Trump delivered the televised address on April 2, 2026.
The players
Donald Trump
The former President of the United States who delivered the televised address on the military campaign against Iran.
Dragontree
A user on the Polymarket prediction market who purchased 'No' shares on the inclusion of 'Ceasefire/Peace Deal' in Trump's speech, securing a $6,300 profit when those terms were absent.
Nikitanrg
A user on the Polymarket prediction market who earned roughly $791 after a 25% gain on 'Yes' shares for the inclusion of 'Hormuz' in Trump's speech.
adelgranado
A user on the Polymarket prediction market who made a 54% gain on 'Yes' shares for the inclusion of 'Regime Change' in Trump's speech.
Valen9
A user on the Polymarket prediction market who scored a 76% gain, or $1,457, betting on 'No' shares for the absence of references to Iran's current and former supreme leaders, Khamenei and Khomeini, in Trump's speech.
What they’re saying
“The word-mention prediction market was buzzing before President Donald Trump's much-anticipated televised address, and bettors scored big based on which terms he used and which he avoided.”
— Aniket Verma, Author
What’s next
Federal prosecutors in Manhattan are reportedly investigating whether profitable bets placed on prediction markets like Polymarket violated insider trading and other laws.
The takeaway
The ability of traders to profit from accurately predicting the content of high-profile political speeches and statements raises concerns about the potential for insider trading and other legal issues surrounding prediction markets. As these platforms grow in popularity, regulators will likely continue to scrutinize their activities and the trading practices of participants.


