This bet will resolve as 'yes' if Ukrainian private military companies (PMCs) will start being deployed in large operations in the war before the end of 2025:

• The operations must include ground combat roles for a PMC unit of at least 500 armed contractors fighting against Russian invasion forces.

• The PMC unit must be composed of contractors working for an entity that meets the definition of a private military company: A private company providing organized armed security, combat or military training services for profit.

• There must be photographic or video evidence clearly verifying the identity of the PMC and the scale of their deployment as part of the operation.

• Alternatively, their participation could be officially acknowledged by either the Ukrainian government or military command or consensus of reputable observers of Ukrainian-Russian war.

• The operations may be undertaken independently by the PMC or in conjunction with Ukrainian military forces.