Online prediction marketplace, Polymarket, has attracted an influx of users betting on the missing Titanic sub. The search-and-rescue mission to find the passengers on board continues, but people on Polymarket are already betting if they are still alive after the tragedy. It’s strange to imagine someone betting on whether a missing ship will be retrieved before a particular date, as it’s a matter of life and death. However, over $120,000 has been bet on the sub on Polymarket, with the majority believing it will not be found before Friday, June 23. The news of the Titanic exploration submersible has shocked the global audience over the potential casualties in the accident. for the passengers within the sub, there is only a supply of oxygen for four days and by the fifth day, there is a chance that the individuals inside will be gasping for air and thus declared dead later. Polymarket has commented that “For the purposes of this market, the vessel need not have been rescued or physically recovered to be considered ‘found.’ However, some people said that cashing out on the potential fate of billionaires onboard shouldn’t be done, sparking moral and ethical dilemmas. The industry might have garnered much-needed attention from the public, but still, it does not sound good for the majority of people who value human life.
Polymarket experiences surge in users betting on discovery of Titanic submersible.
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