This trader earned nearly $100,000 in a month. He has a Silver profile on Polymarket. His biggest win was over half a million dollars.
An analysis of his profile shows that he focuses on events with a 90% probability of occurring, and his betting statistics demonstrate strong performance.
Polymarket recently added an interesting new feature that allows you to bet on combined events. It’s generally a useful feature, for example Canada is playing Bosnia and Herzegovina today. You can place a bet that all events will occur, or conversely, that at least one event will not occur.
If you haven’t tried it yet, give it a shot for some events, it’s a smart move.
Data on the PPI and CPI has been released. The Producer Price Index came in at 1.1% m/m and 6.5% y/y, exceeding expectations. Meanwhile, consumer inflation came in exactly as expected at 0.5% m/m and 4.2% y/y . The data suggests that the market is heating up, but so far the market has not reacted strongly to the figures. We are awaiting the FRS meeting next week.
The World Cup kicks off tomorrow. A huge amount of liquidity on Polymarket has poured into this event more than two billion dollars. Mexico and South Africa will play first, with Mexico currently favored. Their last match was at the 2010 World Cup, where they tied 1-1. Back then, Mexico advanced from the group stage but lost to Argentina. The next match is South Korea vs Czech Republic. There is no clear favorite here the odds for them are roughly the same. According to head-to-head statistics, their last meeting was in 2016 in a friendly match. Back then, the South Korean team won 2-1.