Polymarket’s traigators have put a volume of $ 1.1 billion in the result of the Superbowl, which saw the Philadelphia Eagles overcome the Kansas City 40-22 bosses, since the betting platform continues to gain steam, despite the regulatory obstacles.
Polymarket has become the avenue to place bets in the chain, which has brought a scrutiny of the regulators. Some countries have prohibited Polymeket absolutely, while the United States Basic Product Future Trade Commission (CFTC) wants to access the data of the platform customers.
According to the cryptographic lawyer Aaron Brogan, the argument that prediction markets, such as Polymarket, are simply a web version of the game is an inaccurate characterization.
Brogan said that, unlike the traditional betting platform, prediction markets earn money in transaction rates instead of users.
Regardless of the challenges, Polymarket is thriving and the traigators are winning or losing large sums of money.
Merchants strive with sports bets
In the Polymarket Analytics chain it shows that a merchant who carries the mango ‘abeautifulmind’ took home a gain of more than $ 550,000 of his bets in the eagles. The data show that this user has a general gain of just over $ 1 million, mainly of sports bets.
On the other side of the commerce there was a bettor named Hubertdakid, who lost $ 718,633 betting on the Eagles. This merchant seems to be lucky in Polymket, with a general loss of $ 638,177.
Other Superbowl related contracts in Polymket included one on how many times Taylor Swift would be shown in the transmission and another about how long the national anthem performance would be.
In general, the life volume of contracts related to sports in Polymket has spent $ 6 billion. This is more than the volume in the US electoral markets, which reached $ 5.2 billion according to Polymket Analytics.
