A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows

NPR
by Bobby Allyn
April 16, 2026
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1 min read

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A Polymarket trader earned $300,000 by betting on presidential pardons, despite low odds.

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An anonymous prediction market trader made lucrative bets on who would be pardoned in the final hours of President Biden's term. This trader placed these bets on Polymarket, earning $300,000 according to a new analysis. The bets were placed even though the odds of pardons were nearly zero at the time. The article does not specify any immediate consequences or next steps.

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