Trotz seiner Beliebtheit zeigen aktuelle Daten, dass die meisten Händler Geld verlieren. Nur 12,7 % der Wallets auf Polymarket meldeten seitdem realisierte Gewinne.

https://dailycoin.com/polymarket-betters-are-overwhelmingly-losing-money-heres-why/

7 Comments

  1. coinfeeds-bot on

    tldr; Polymarket, a decentralized prediction platform on Polygon, is seeing most of its users lose money, with only 12.7% of wallets showing profits. The platform, popular for betting on events like the US election, faces issues with low liquidity, leading to unfavorable trade prices. Despite a $1 billion betting volume, 91% is tied to the US Presidential election, highlighting liquidity challenges. Competitors like Solana-based BET offer better liquidity, making them more efficient. Polymarket’s track record shows that even correct predictions may not yield profits due to these challenges.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. > out of 176,076 wallets that interacted with Polymarket, 87.3% reported losses

    Most of the bets are just simple yes or no questions. But how these wallets still dont know what is profit

  3. timbulance on

    I took a look at Polymarket a month of so ago and those prediction bets seem addicting as hell.

  4. MrBanana212 on

    There use to be a betting-like oracle on Eth that was the same way. There were ways to game the parameters so the bettor would not *technically* lose. Betting became pointless after awhile.

    Edit: trying to remember the oracle. Was it gnosis?

  5. PandorasBucket on

    Yeah it sucks. I placed one bet on an illiquid market and some how my $150 made the market go from 9 cents to 47 cents just for my order and then 1 minute later it was back down to 9 cents. So basically my money just vaporized in one trade, no warning, no confirmation, just gone. I’m not touching it anymore. Also the outcome is very objective in many cases.

  6. Just a post to suggest poly market is wrong with its prediction Trump will win

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