"A staggering 84.1% of all Polymarket traders are currently in the red, revealing a significant gap between market hype and actual earnings. High-profile wins are extreme outliers, with only 2% of users accumulating more than $1,000 in total profit."
"The probability of earning $5,000 in a single month is less than 1%, indicating that for those hoping to trade for a living, the odds are slim. The data underscores the difficulty of achieving consistent success in prediction markets."
A report reveals that 84.1% of Polymarket's 2.5 million users are losing money. Only 2% have made over $1,000, and just 0.033% have cleared $100,000. The data shows that high-profile wins are outliers, with less than 1% able to earn a $5,000 monthly wage. This indicates that Polymarket is more of a short-term gamble rather than a viable career option for traders. The findings highlight the stark contrast between market hype and actual earnings.
Read at news.bitcoin.com
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