World News@lemmy.worldEnglish · 2 months ago

Polymarket Iran Bets Hit $529 Million as New Wallets Win Big

www.bloomberg.com

cross-posted to:
news@hexbear.net

Polymarket Iran Bets Hit $529 Million as New Wallets Win Big

www.bloomberg.com

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World News@lemmy.worldEnglish · 2 months ago

cross-posted to:
news@hexbear.net

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2 months ago
The money comes from all the other users that bet the other outcome when the odds were a specific thing. Polymarket pretty much can’t lose money on a bet having a specific outcome. If people werent betting the other side, the odds would be different

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