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Thoughts on Poly market bets around Lloyds and HSBC?

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MinesaTomCollinsplease · 03/10/2026 15:14

Hi all, wondering what people's thoughts are on the news around Polymarket betting on banks failing that's come out this afternoon please?

https://www.theguardian.com/business/2026/oct/03/uk-polymarket-hsbc-lloyds-failures-banks

Placing Polymarket bets is banned for those of resident in the UK. The narrative around this being generated is interesting.

UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail

Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system

https://www.theguardian.com/business/2026/oct/03/uk-polymarket-hsbc-lloyds-failures-banks

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