A country leader seeing someone suddenly take out a $50 million position on them not being assassinated is not the $50 million vote of confidence a naive read on the market might indicate, it's a $50 million payout to the assassin. Albeit inefficiently so, since others can take the other side of the bet and do nothing. But the deniability may be worth it.
The end result is a combination of Kickstarter and Doordash for targeted homicide.
or kidnappers. Someone could take the opposite side, kidnap the individual and guarantee their survival for the year. When time is up they just dump them in the street and collect the bet.
Anyways, how exactly is this assassin going to collect on their bet? I'm pretty sure law enforcement will be looking into the fact that somebody place that bet and then shortly after, the assassination happened.
"I bet I won't die this year."
The only life insurance you get to collect on while you're alive.