As California residents frantically search for shelters to escape the raging fires sweeping through Los Angeles, "wildfires" have become a popular category on betting sites like Polymarket, with 19 betting pools available.
Among them, "How many acres will the wildfire burn?" is the most popular betting item, with a total of over $166,000 wagered two days ago, where 77% of the bets were placed on "20,000-25,000 acres".
Other bets include when the fire will be controlled, whether the fire will spread to Hollywood, and whether Gavin Newsom will still be the governor of California after the fire.
Some even bet on whether the arsonist related to the wildfire will be arrested, with 79% believing "yes".
Meanwhile, a large number of meme coins named after "wildfires" have been generated on Pump.fun.
