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> A Mystery Trader Made $400,000 Betting on Maduro’s Downfall > Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader
by romaaeterna 7mo ago
> A Mystery Trader Made $400,000 Betting on Maduro’s Downfall
> Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader
- soared 7mo agoYou can review that user’s trade history. It’s a bit weird for sure, but they didn’t just stop in to bet on those. They’ve bet huge sums on every prediction relating to Iran, Israel, sp500, recessions, etc. They’ve been betting for 2 years but only recently starting profiting a lot. https://polymarket.com/profile/%40Magamyman https://polymarket.com/profile/%40Magamyman
- plantain 7mo agoIf they're smart they'll have multiple accounts with bets each way netting to ~0 on all kinds of topics, and just omit the losing trade on the information they actually have.