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October 31
- Polymarket
October 31 - Polymarket
1W
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Vol.
·
Resolves Oct 31, 2026
Time left: 08d:00h:11m
$
This market will resolve to “Yes” if Israel takes a qualifying military action against Greater Beirut by the specified date, 11:59 PM Israel Daylight Time (IDT). Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Israel, that directly impacts Greater Beirut. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Greater Beirut do not constitute a military action regardless of any damage incurred. “Greater Beirut” refers to the continuous urbanized zone that encompasses all of the Beirut Governorate and the adjacent coastal and suburban municipalities of the Mount Lebanon Governorate. For this market, the geographic boundaries as defined in the map “Location of the Greater Beirut Area” (https://polymarket-upload.s3.us-east-2.amazonaws.com/Beirut-3ffb23044f.png) from Faour & Mhawej (2014), Mapping Urban Transitions in the Greater Beirut Area Using Different Space Platforms (https://www.mdpi.com/2073-445X/3/3/941) will be used. If the precise location of a strike cannot be clearly attributed to the defined territory based on the referenced map, it will not qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (IDT) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Israel and Lebanon and credible reporting.
This market will resolve to “Yes” if Israel takes a qualifying military action against Greater Beirut by the specified date, 11:59 PM Israel Daylight Time (IDT). Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Israel, that directly impacts Greater Beirut. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Greater Beirut do not constitute a military action regardless of any damage incurred. “Greater Beirut” refers to the continuous urbanized zone that encompasses all of the Beirut Governorate and the adjacent coastal and suburban municipalities of the Mount Lebanon Governorate. For this market, the geographic boundaries as defined in the map “Location of the Greater Beirut Area” (https://polymarket-upload.s3.us-east-2.amazonaws.com/Beirut-3ffb23044f.png) from Faour & Mhawej (2014), Mapping Urban Transitions in the Greater Beirut Area Using Different Space Platforms (https://www.mdpi.com/2073-445X/3/3/941) will be used. If the precise location of a strike cannot be clearly attributed to the defined territory based on the referenced map, it will not qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (IDT) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Israel and Lebanon and credible reporting.
Currently, the implied probability of Israel taking military action against Beirut, as reflected by this market, differs from many traditional analyst forecasts. While some geopolitical analysts believe the risk of escalation is increasing, their estimates of the probability vary widely. This market offers a unique perspective, aggregating the wisdom of the crowd and providing a continuously updated assessment. It’s important to note that prediction markets represent a different form of forecasting, based on incentivized participation and real-money stakes, rather than expert opinion alone.
On Polymarket, this market is priced using a continuous double auction, meaning traders buy and sell shares representing their belief in the outcome. The price of a share directly reflects the probability of the event occurring, with higher prices indicating a greater perceived chance. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders respond to news and events, adjusting their bids and asks, which in turn influences the market price. This dynamic pricing mechanism allows the market to quickly incorporate new information and reflect the collective intelligence of participants.
This market resolves around Oct 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether Israel initiates a large-scale military action against Greater Beirut, defined as significant ground, air, or naval operations targeting the city and its surrounding areas. The determination will be based on widely accepted news sources and official statements, ensuring a transparent and objective assessment of events. Traders will then be able to claim their winnings or fulfill their obligations based on the final outcome.
Several factors could significantly impact this market. Escalating tensions between Israel and Hezbollah, including increased cross-border attacks or provocative statements from either side, would likely drive up the price. Major political developments within Israel or Lebanon, such as a change in government or a shift in strategic priorities, could also influence trader sentiment. Furthermore, international mediation efforts or interventions from other regional powers could either increase or decrease the perceived risk of military action. Any credible reports of imminent military preparations would almost certainly move this market.