Big Polymarket bets have been placed on Putin’s downfall

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The prediction market odds that Russian President Vladimir Putin will step down have gone up as Ukraine has launched drone attacks deeper and deeper into Russian territory.

Russia's President Vladimir Putin
Russian President Vladimir Putin talks to graduates of higher military educational institutions during a meeting at the Kremlin in Moscow on June 23.Gavriil Grigorov / Sputnik Pool via AFP via Getty Images

A newcomer to the Polymarket prediction market is betting big that Russian President Vladimir Putin will be out of power by the end of the year.