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Iran strike on Israel before December?

This market will resolve to "Yes" if Iran initiates a military action on Israeli soil, airspace, maritime territory or any official Israeli embassy or consulate between October 31, 12:00 PM ET and November 30, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". For the purposes of this market, a "military action" will be considered to be any use of force executed by Iran on Israeli soil, airspace, maritime territory or any official Israeli embassy or consulate (e.g. if a weapons depot on Israeli soil is hit by an Iranian missile, this market will resolve to "Yes") that is officially acknowledged by the Iranian government or a consensus of credible reporting. This includes, but is not limited to, airstrikes, naval attacks, or ground invasions. Cyber attacks, sanctions, or diplomatic actions will not count towards the resolution of this market. Only actions by Iranian forces explicitly claimed by the Islamic Republic of Iran, or confirmed to have originated from Iranian territory will count toward the resolution of this market. Attacks on Israel by proxy forces (i.e. Hezbollah, Houthis, etc.) will not count toward the resolution of this market. In the case that the "Yes" resolution criteria are met prior to this market's resolution date, this market will resolve immediately.

Event Details

Total Volume: $1.2M
24h Volume: $21.4K
Total Liquidity: $79.9K
Markets: 1
Event Ends: 11/30/2024

Event Analysis

Summary

The prediction market focuses on whether Iran will initiate direct military action against Israel before December 2024. Based on comprehensive analysis of recent developments and expert assessments, the likelihood of direct Iranian military action remains low, though regional tensions are elevated due to ongoing proxy conflicts and the Israel-Hamas war. The key distinction in this market is between direct Iranian military action versus proxy warfare through groups like Hezbollah and Hamas. While Iran continues to support various militant groups in attacks against Israel, it has shown a clear preference for indirect engagement rather than risking direct military confrontation. Multiple expert analyses suggest Iran seeks to maintain strategic pressure on Israel while avoiding escalation to full-scale war.

Analysis

Current Situation Analysis

Regional Context

  • Ongoing Israel-Hamas conflict since October 7, 2023 attack
  • Multiple Iranian-backed militia groups actively engaging Israeli forces
  • Over 70 recorded attacks by Iranian proxies against US forces in Iraq/Syria
  • Humanitarian pauses and hostage exchanges indicating some diplomatic engagement

Iranian Military Capabilities

  • Recent unveiling of Fattah-2 hypersonic missile with claimed 2,000km range
  • Largest ballistic missile arsenal in Middle East
  • Demonstrated ability to coordinate proxy forces across multiple fronts
  • Active military exercises by IRGC showing readiness

Key Factors Influencing Likelihood

Factors Decreasing Probability

  • Iran's consistent strategy of proxy warfare rather than direct engagement
  • Risk of broader conflict with US and allied forces
  • Current focus on diplomatic and proxy pressure rather than direct military action
  • Successful deployment of proxy forces reducing need for direct involvement

Factors Increasing Probability

  • Escalating regional tensions
  • Enhanced missile capabilities
  • Public statements threatening retaliation
  • Potential for miscalculation in proxy engagements

Recent Developments

  • Temporary pause in proxy attacks during Gaza humanitarian cease-fire
  • Continued Israeli strikes on Iranian-linked targets in Syria
  • Maritime incidents involving Israeli shipping
  • Ongoing diplomatic efforts by Iran to unite regional opposition to Israel

Key Monitoring Points

  1. Changes in Iranian military positioning
  2. Escalation of proxy conflicts
  3. Israeli military actions against Iranian interests
  4. US military presence and engagement
  5. Breakdown of current diplomatic initiatives

Prediction

Based on current evidence and analysis, I predict a 97% probability that Iran will NOT initiate direct military action against Israel before December 2024. While regional tensions remain high, Iran's demonstrated preference for proxy warfare and strategic caution makes direct military action highly unlikely absent a significant escalatory trigger.

Iran strike on Israel before December?

Yes:3.0%
No:97.0%
Confidence: 8/10
Reasoning Score: 9/10

Market Options

Iran strike on Israel before December?

Yes
0.4%
No
99.7%
Liquidity: $79.9K
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