FIFA World Cup Bettors Bank Millions on Polymarket as One Trader Wins $9.24M in a Day
Prediction market merchants are successful and shedding thousands and thousands on the 2026 World Cup, with one Polymarket bettor banking $9.24 million in a single day after appropriately calling 4 match outcomes.
The match has turned platforms like Polymarket and Kalshi into high-stakes betting arenas. Traders are wagering seven-figure sums on single matches, and the outcomes are producing each file payouts and steep losses.
Prediction Markets Surge During the World Cup
Polymarket is a crypto-based prediction market the place customers purchase yes-or-no shares on real-world outcomes. Kalshi runs a similar model.
Both platforms have seen heavy exercise for the reason that match started. The outright winner market on Polymarket alone has drawn more than $2.5 billion in quantity.
That scale has made particular person trades a spectacle. On-chain trackers now observe the most important wallets in close to actual time.
Big Wins and Costly Bets
A standout winner went 4-for-4. According to Lookonchain, the dealer staked $7.03 million on Iran not beating New Zealand. Iran drew 2-2, and that single wager returned $7.34 million.
“He made $9.24M in a single day, successful all 4 of his bets for a 100% win fee,” the submit learn.
Another dealer, fishalive, turned roughly $427,000 into $4.7 million after Spain drew 0-0 with Cape Verde at 9% odds. A 3rd account, gardenshed, booked $764,000 in 4 days. It received 7 of 8 bets for an 87.5% win fee.
Losses have been simply as seen. One dealer put about $1.2 million on Argentina to not beat Algeria, hoping to safe a $3.43 million payout.
Argentina received 3-0 behind a Lionel Messi hat-trick, and the dealer misplaced. On Kalshi, one other person misplaced $391,536 on the identical final result.
A separate Kalshi bettor put $373,407 on Algeria to not win, and that wager paid out $416,184.
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France Overtakes Spain as Title Favorite
Meanwhile, the chances have shifted sharply for the reason that World Cup began. France now leads the Polymarket winner market at 18%. Spain trails at 13%, whereas Argentina holds 11%.
Kalshi reveals a comparable image, with France at 18.7%, Spain at 13.3%, and Portugal at 10.9%. France has overtaken Spain as the favourite.
The coming group-stage matches will test whether trader bets preserve paying or losses mount.
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The submit FIFA World Cup Bettors Bank Millions on Polymarket as One Trader Wins $9.24M in a Day appeared first on BeInCrypto.