A mystery trader on Polymarket turned a $4 million position into $9 million following a surprising goalless draw between Cabo Verde and Spain during the FIFA World Cup. The outcome defied odds of 1:10, favoring Spain, and triggered significant payouts for underdog bettors on the prediction market platform.
The unexpected result not only created a major win for the anonymous trader but also led to substantial losses for others. Another trader lost nearly $1 million after betting on a Spanish victory. The event highlights the high-stakes nature of prediction markets, particularly during major sporting events.