
Updated 6 min ago
This market asks whether direct military engagement between US and Cuban forces will occur by end of 2026, with incidents like missile strikes, artillery fire, or gunfire qualifying for resolution. Markets currently give this clash a 33% chance, reflecting elevated but unlikely risk of escalation in the region.
Current Probability
If Yes wins
$3.28 return per $1
If No wins
$1.44 return per $1
This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Cuba between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Cuban military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.
Note: the United States Coast Guard is considered part of the United States military, and the Cuban Border Guard is considered part of the Cuban military.
The resolution source for this market will be a consensus of credible reporting.
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