Betting on Jesus Can Save You From Insiders: Paul J. Davies

Jan. 7, 2026, 4:00 AM UTC

On the face of it, gambling on the second coming of Jesus Christ is just funny. Would earthly dollars even matter if the Messiah did return? Still, more than $3 million was wagered between hopeful believers and doubtful skeptics on Polymarket last year; in the final three months of 2025, activity on prediction markets took off and weekly wagers topped $2 billion.

There was one big advantage to the Jesus bet, whether punters went for Yes or No: It was at least a trade where everyone could be fairly sure that no one in the market had inside information. That’s not ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.