Another market conflict on Polymarket. This time they didn’t archive it so I was able to trade out but still scared after all the fiasco's of last times. Users had been asking for a couple of days to get proper clarification so we could avoid exactly this kind of spectacle. Nobody gave a fuck. Hey Polymarket you’re asleep at the wheel. Btw, this market is sitting at $45M.
https://t.co/HjUBa0jJsF
@williamlegate@shayne_coplan
@BrunoAl54231193 I don t have another place to trade geopolitics. I used to love polymarket and i still probably do but man it hurts me when i see that they don t try to improve...
Polymarket has disappointed me yet again and I’m now genuinely afraid to trade larger sizes on the platform.After losing $30k this month on the Ukraine-Russia ceasefire market because of an “archive market error,” I got hit with almost the exact same situation today. I was actively trading the “Trump announces US blockade of Hormuz lifted by…?” market when a sudden clarification flipped it from 80% Yes / 20% No to 30% Yes / 70% No in one move. Cost me another ~$20k.Look, nobody is saying markets shouldn’t be clarified. But until recently we at least had proper pre-clarifications. This feels increasingly sloppy and reactive. It really seems like Polymarket has become surprisingly unprofessional lately. Not a good look when people are putting serious money on the line.
Clarifications are so inconcistent, not just the content but how they are made, there should be an SOP
@denizz_poly No...my point is that it is totally random how they clarify. Sometimes they pre-clarify, sometimes they just hit the market, sometimes they don t clarify. Why can't they make like a set of rules how the clarifications are made.
Today I want to talk about a bond that went bad…Yesterday evening, several X accounts started claiming that Iran had issued a NOTAM and closed its airspace. By morning, the market was sitting at 98 and a ton of people were bonding it for that quick 1-2% gain.Later in the day, Iran’s aviation authority came out and dismissed the claim. The market flipped hard. Some bonders got wrecked and lost big money.Look, I still believe bonding is great and you can make solid profits with it, but you have to be extra careful. Use proper money management and don’t hesitate to sell at the first sign of trouble.
https://t.co/Ya4GN9JaHT
Congratulations to @mrVassil for winning big on Polymarket in the Eurovision market!This should be a lesson to everyone who automatically assumes any big win must be the result of insider information. You really can win big , you just have to spot the value where it actually is.
https://t.co/oyBCeTz1RD