Someone Just Lost $1 Million on Polymarket Over Spain World Cup Shocker
Decrypt·
60-second summary
A trader lost $1 million on Polymarket after betting Spain would win the World Cup, while another savvy investor capitalized on the upset by buying "No" at 9¢ and walking away with a staggering $4.3 million profit, highlighting the high stakes and potential rewards of in-play sports betting on cryptocurrency markets.
One trader lost $1 million betting Spain would win. Another bought "No" at 9¢ and walked away with $4.3 million.