Saudi Crown Prince Mohammed bin Salman Al Saud made mild of his involvement in prediction markets throughout a presidential occasion as Polymarket makes it way back to the US.
The royal from Saudi Arabia was visiting the USA for the primary time in seven years to debate political and financial issues with President Donald Trump, solely weeks after Trump’s media firm introduced plans to add prediction markets to Truth Social by way of an unique partnership with Crypto.com’s Derivatives North America unit.
Bettors lose out on black tie betting on Mohammed bin Salman
The crown prince was given a fanfare welcome by the President, together with an honour guard, fighter jet shows, and all of the trimmings of the crimson carpet.
The show by the White Home has been controversial amid crunch talks on oil, synthetic intelligence, and nuclear capabilities.
US intelligence companies assessed that the crown prince was seemingly concerned within the killing of Washington Submit journalist Jamal Khashoggi, a conclusion that strained US–Saudi relations and distanced Saudi management from American political circles for almost a decade.
In opposition to this backdrop of unresolved geopolitical rigidity, consideration nonetheless turned to prediction markets, which targeted on Prince Mohammed’s apparel at a black-tie occasion throughout his return to US soil.
The Crown Prince of Saudi Arabia simply referenced the polymarket about him carrying a swimsuit & tie.
Simulation confirmed?pic.twitter.com/jPHJpDkzXK
— Polymarket (@Polymarket) November 19, 2025
Bettors had been given a seventeen occasions their preliminary stake alternative if the crown prince was to attend an occasion hosted by the White Home in a black swimsuit.
He dissatisfied these staking on the opportunity of him carrying the western formal swimsuit, and each Kalshi and Polymarket posted on social media about his tongue-in-cheek response to the betting hyperlinks.
pic.twitter.com/t44g1YkdHr The Crown Value of Saudi Arabia is a fan of prediction markets
Bullish
— Kalshi (@Kalshi) November 19, 2025
“Earlier than I got here right here, somebody instructed me that there are betting websites the place you possibly can wager on me carrying a black swimsuit, and in the event you wager on me, you would get nearly 17x. Sorry, you lose the wager. Higher luck subsequent time,” he mentioned concerning the predictions market.
End result betting has been a various and evolving market since prediction markets performed a substantial half within the earlier presidential elections.
Different bets involving the Saudi keep included whether or not the President would embrace the crown prince in a hug, whether or not they would shake arms and in addition what the present President would possibly point out of their change.
Paradoxically, Google introduced on Wednesday (November 19) that Saudi Arabia was one of many international locations that will restrict offline gaming advertisements, the place these promotions violate the native legal guidelines.
Featured picture: The White Home through X
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