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Category Polymarket

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Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out

Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out

The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls.
Inter Milan fan token surges after Champions League win over Barcelona

Inter Milan fan token surges after Champions League win over Barcelona

The Inter Milan fan token (INTER) experienced a 20% price surge to $1.24 after Inter Milan clinched a spot in the UEFA Champions League final, beat...
This Polymarket trader will take $400K if the Fed cuts rates tomorrow

This Polymarket trader will take $400K if the Fed cuts rates tomorrow

Fed’s decision on Wednesday is awaited by Americans but more so by Polymarket bettors. One investor bet $7k on a decrease in interest rates by 25bp...
Prediction Markets Traders Bet Big on Easy Liberal Win as Canadians Head to the Polls

Prediction Markets Traders Bet Big on Easy Liberal Win as Canadians Head to the Polls

Political betting platforms show Mark Carney leading with a 78% chance of becoming Canada's next Prime Minister, while Pierre Poilievre has a 22% c...
Fake Vatican Notice Fuels $6.4 Million Surge in Polymarket’s Next Pope Bets

Fake Vatican Notice Fuels $6.4 Million Surge in Polymarket’s Next Pope Bets

Polymarket’s prediction market for the next Pope crossed $6.4 million in total bets today after a viral hoax falsely claimed the Catholic Church in...