Trevor Noah Jokes About Polymarket At Grammys As Prediction Markets Explode
Trevor Noah speaks during the 65th Annual Grammy Awards.
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Prediction markets have infiltrated awards shows. During the 2026 Grammy Awards, host Trevor Noah joked about Polymarket and a prediction market for a word he might say.
Trevor Noah pokes fun at Polymarket
On Sunday night, music’s biggest stars gathered at the Crypto.com Arena in Los Angeles for the 2026 Grammys.
Kendrick Lamar led the way with five Grammy wins, including Record of the Year for Luther, while Bad Bunny took home the night’s top prize, Album of the Year, for Debí Tirar Más Fotos.
Noah hosted the night’s festivities and spent much of his time on the floor with the celebrities and nominees. One joke in particular gained a lot of traction, especially within the gambling community.
During one of his segments, Noah joked about saying a word on Polymarket and how it would lead to a huge score for one user.
“Welcome back to the Grammys. Potato,” Noah said. “If you had me saying ‘potato’ on Polymarket, you just made a ton of money. So congratulations, @noah_22, whoever that is.”
Polymarket posted the video with the caption, “What is happening?”
Many X users laughed at the joke while also questioning whether what Noah said is considered market manipulation or insider trading.
Prediction markets are infiltrating mainstream pop culture
The rise of prediction markets cannot be overstated.
Prediction markets initially gained steam in politics, with the 2024 U.S. presidential election serving as a launchpad for platforms like Polymarket.
Polymarket, which offers contracts on the outcome of popular events, has crossed into sports and entertainment. Polymarket is now the Official Prediction Market Partner of the New York Rangers.
The type of contracts offered on Polymarket range from who will win the NFL’s MVP to when Nicolás Maduro will fall as Venezuela’s president.
Polymarket even made its way onto the Golden Globes telecast, with the announcers frequently citing the platform’s odds in every major category.
Meanwhile, Kalshi, the other major prediction market, is also making headlines as it attempts to increase its presence in Washington, D.C., to strengthen its lobbying efforts.
States & organizations fighting back against prediction markets
Super Bowl LX between the New England Patriots and the Seattle Seahawks will be the most wagered-on sporting event in the U.S. this year.
Super Bowl LX takes place in California, a state where sports betting is illegal.
Prediction markets have found a loophole, offering contracts on the game. Kalshi has over $150 million in volume on the Super Bowl LX winner market.
In response, the NFL has banned prediction market commercials from the Super Bowl LX telecast. FanDuel and DraftKings, two of the NFL’s official betting partners, are expected to have ads on Super Bowl Sunday.
The NFL has no plans to partner with prediction markets.
States are also starting to fight back against prediction markets.
Nevada recently blocked Polymarket from offering contracts in the state ahead of Super Bowl LX.
Kalshi faces 19 federal lawsuits that question the platform’s legality in reference to state gambling laws.
The Commodity Futures Trading Commission (CFTC) has backed away from legislation toward prediction markets under the Trump administration. However, the new chair of the CFTC, Michael Selig, recently teased that the organization might have to start creating rules for the lawful adoption of prediction markets.
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