Trader turns $10.3M Champions League bet into $1.3M profit
A Polymarket trader known as lovelystuff walked away with $1.3 million in profit after placing a $10.3 million position…
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A Polymarket trader known as lovelystuff walked away with $1.3 million in profit after placing a $10.3 million position…
Polymarket has been named the exclusive prediction market partner of Serie A, Italy's top-flight football league…
A newly created wallet piled into Brazil, Colombia, Belgium, Senegal, and Morocco at single-digit implied odds — a thin but telling bet that the market is under-pricing the tournament's long tail.
A roughly 83x monthly jump, peaking at $5.6B on June 22, shows sports catalysts can pull retail capital into event contracts faster than any other category this cycle.
Polymarket's $2B and Kalshi's $100M+ in World Cup contracts turn the tournament into a live stress test of event-contract venues against incumbent sportsbooks, with a CFTC-vs-states fight hanging…
Kalshi recorded $5.1 billion in trading volume during the opening week of the FIFA World Cup, a record for the…
Roughly two-thirds of Polymarket addresses finished in the red on the tournament contract, but 54 wallets captured nearly 60% of all profit, putting prediction-market concentration in the same league…
Kalshi, Polymarket and the new Robinhood–Susquehanna JV Rothera cleared $44B between them in June, roughly 10x what US sportsbooks are projected to handle across all 104 matches.