Israel military action against Lebanon on September 22?
The catch
Only air strikes and surface-to-surface missiles count; artillery, ground incursions, and many other military actions are excluded.
“The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed.” — market rules ↗
Pays out only if
Israel launches an air strike or surface-to-surface missile that directly impacts Lebanon on September 22.
“This market will resolve to "Yes" if Israel takes a qualifying military action against Lebanon on the specified date Israel Daylight Time (IDT).” — market rules ↗The other party has to be Lebanon
“This market will resolve to "Yes" if Israel takes a qualifying military action against Lebanon on the specified date Israel Daylight Time (IDT).” — market rules ↗Has to happen during September 22
“This market will resolve to "Yes" if Israel takes a qualifying military action against Lebanon on the specified date Israel Daylight Time (IDT).” — market rules ↗Counts as done when: direct impact of the munition on Lebanese territory
“A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Israel, that directly impacts Lebanon.” — market rules ↗Decided by: governments and militaries of Israel and Lebanon, credible reporting
“The resolution sources for this market will be official information from the governments and militaries of Israel and Lebanon and a consensus of credible reporting.” — market rules ↗
Does not count
Munitions destroyed or intercepted before impact
“The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact” — market rules ↗Surface-to-air missile strikes
“The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes” — market rules ↗Small-arms fire
“The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire” — market rules ↗Ground incursions
“The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions” — market rules ↗
Watch out
- WATCHSome obvious wins don't count
WATCHThe venue keeps a right to review the outcome
“At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time.” — market rules ↗NOTEA specific counterparty is named
“This market will resolve to "Yes" if Israel takes a qualifying military action against Lebanon on the specified date Israel Daylight Time (IDT).” — market rules ↗
Read on 2026-09-10. Click a line for the sentence it rests on. Facts and gaps only — not a prediction.
The rules, in plain English
This market resolves to Yes if Israel takes a qualifying military action against Lebanon on September 22, Israel Daylight Time. Otherwise it resolves to No. A qualifying military action is an air strike or a surface-to-surface missile strike, initiated by Israel, that directly impacts Lebanon. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not count as qualifying military actions: munitions destroyed or intercepted before impact; surface-to-air missile strikes; small-arms fire; ground incursions; cyber operations; naval gunfire and artillery fire; howitzers, artillery pieces, mortars, and rocket artillery (like MLRS systems); minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not count as a qualifying military action. Debris, fragments, or wreckage from intercepted munitions that land on Lebanon do not count as a military action regardless of any damage. Lebanon refers to the land territory of Lebanon, including its internal waters. Lebanon's maritime territory and airspace are not included. Where borders are disputed, all territory claimed by and under the de facto control of Lebanon as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be determined based on a consensus of information from the resolution sources. Where multiple sources conflict about the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: (i) confirmation of the occurrence, attribution, and timing based on a consensus of information from the resolution sources or (ii) 3 full calendar days (IDT) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be decided based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market are official information from the governments and militaries of Israel and Lebanon and a consensus of credible reporting.
What the rules leave open
What distinguishes a 'minor' surface-to-surface strike from a qualifying one is not defined.
closest the rules come: “Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes” — market rules ↗Whether air-launched loitering munitions count as air strikes or as excluded minor strikes is not specified.
closest the rules come: “An air strike includes bombs, air-to-surface missiles, and air-launched drones.” — market rules ↗