🔮💸 Don't place large directional bets at ~50¢ odds.
2 Polymarket traders bet heavily on sports markets at 48¢–57¢, and lost nearly $10M in less than a month.
Address: 0x4924 Predictions: 346 Win Rate: 46.24% Net Loss: -$5.96M in 24 days
Address: bossoskil1 Predictions: 65 Win Rate: 41.54% Net Loss: -$4.04M in 11 days
At ~50¢ odds, you're basically flipping a coin. Betting big just means losing faster.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🔮💸 Don't place large directional bets at ~50¢ odds.
2 Polymarket traders bet heavily on sports markets at 48¢–57¢, and lost nearly $10M in less than a month.
Address: 0x4924
Predictions: 346
Win Rate: 46.24%
Net Loss: -$5.96M in 24 days
Address: bossoskil1
Predictions: 65
Win Rate: 41.54%
Net Loss: -$4.04M in 11 days
At ~50¢ odds, you're basically flipping a coin. Betting big just means losing faster.