I have no interest in gambling money to a place where win/lose is decided arbitrarily, like how they decide Ukraine/Russia war progress on a single map maker who made a quick edit to the map then pulled back to manipulate market. Fuck that. Whether Iran survive would be plain as day and people here can be the judge.
Sure, broad consensus is an arbitrary thing that will need to be decided by council. However, all you need to do is estimate how that will be resolved. Afterall, let's say you're 95% certain that Tehran will not be in another government's control by June 30. That should still be easy money based on your estimates.
This requires a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power.
Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic's core structures also do not aualifv. Onlv a clear break in continuity-such as Back to top government, revolutionary council, or constitution replacing the Islamic Republic will qualify.
Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran.