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People are making real money with prediction market arbitrage. But the "zero risk" part everyone's selling on CT? It's a bit misleading.
The concept is simple:
โข Buy YES on one platform
โข Buy NO on another
If the combined price is under $1, you profit regardless of the outcome.
For example โ Polymarket at 52ยข NO, Kalshi at 43ยข YES.
You're basically just buying $1 for 95.4ยข.
It's simple, and it works. (most of the time)
Then why is this strategy still not 100% safe?
Here's why:
1. ๐๐๐จ๐ค๐ก๐ช๐ฉ๐๐ค๐ฃ ๐ง๐๐จ๐
Different platforms have different rules for what counts as "yes." During the 2024 government shutdown debate, Polymarket resolved YES while Kalshi resolved NO on the same event. The exact same bet, but different outcomes.
2. ๐๐๐๐จ
Polymarket US charges 0.01% per trade. Kalshi charges 0.7%. Polymarket International takes 2% on net winnings. That 3% arbitrage just became 1-2% net. Depending on the situation, it can even become negative.
3. ๐๐๐ฆ๐ช๐๐๐๐ฉ๐ฎ
The spreads exist because volume is thin. By the time you place both orders, the price has already moved. The opportunity you calculated now suddenly doesn't exist anymore.
Can you make money doing this? Yes.
Lots of users use this strategy, especially with bots.
Is it passive income with zero risk? No.
But this is a risk users are willing to take.
If you want to try this:
โข Start with a low amount to test ($100 - 200)
โข Use two platforms only
โข Manually track every fee
โข See what your PnL looks like after 10 trades
โข Decide if it's worth scaling
Research. Test. Implement.
โ Follow @HavConquest to stay ahead.
@davidonchainx God forbid we use em dashes in post.
Why do you think AI uses em dashes so often?
Because humans use them when writing.
They're a normal part of any content piece.
This comment section is a bunch of em dash demonizers.
@IncomeSharks Can ETH pick a direction? It seems very undecisive lately.
Not just ETH, the entire market feels very weird and unconventional in the past 6 months.
Fogo is cancelling the December 17th presale. Our preference has shifted to allocating more resources to the airdrop.
We have taken a snapshot of Fogo Fishers, Portal Bridge points holders, and all USDC transfers since the initial presale announcement. We will attribute Fogo Flames to these groups.
We value the strong, positive support received. Rest assured, we have taken note.
The Fogo Flames points program remains a central pillar to give meaningful distribution to developers, community members and ecosystem participants.
The first rewards will drop alongside our full public launch on January 13th.
@fogo Instead of doing a presale at such a big FDV, you prioritized the users who stress-tested and helped improve your chain.
This is what a project prioritizing the community looks like.
Well done, team.