Innerworld@lemmy.world to World News@lemmy.worldEnglish · edit-22 days agoPolymarket Iran Bets Hit $529 Million as New Wallets Win Bigwww.bloomberg.comexternal-linkmessage-square6fedilinkarrow-up129arrow-down11
arrow-up128arrow-down1external-linkPolymarket Iran Bets Hit $529 Million as New Wallets Win Bigwww.bloomberg.comInnerworld@lemmy.world to World News@lemmy.worldEnglish · edit-22 days agomessage-square6fedilink
minus-squareswicano@programming.devlinkfedilinkEnglisharrow-up18·1 day agoThe money comes from all the other users that bet the other outcome when the odds were a specific thing. Polymarket pretty much can’t lose money on a bet having a specific outcome. If people werent betting the other side, the odds would be different
The money comes from all the other users that bet the other outcome when the odds were a specific thing. Polymarket pretty much can’t lose money on a bet having a specific outcome. If people werent betting the other side, the odds would be different