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Polymarket Prediction Market Sees Top 1% Capture 76.5% of Gains

A recent study on Polymarket's prediction market revealed that the majority of users lose money, often small amounts. Conversely, the top 1% of users captured a disproportionately large share of the gains, accounting for 76.5% of all profits. This trend has been consistent since Polymarket's launch in 2022. AI

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RANK_REASON The cluster discusses a study's findings about user behavior and profit distribution on a prediction market platform, which is not a core AI development.

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COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 · [email protected] ·

    📰 Most Polymarket Users Lose Money, While Top 1% Claim 76.5% of Gains, Study Finds In Polymarket's prediction market, "most people end up losing money," reports

    📰 Most Polymarket Users Lose Money, While Top 1% Claim 76.5% of Gains, Study Finds In Polymarket's prediction market, "most people end up losing money," reports the Washington Post — typically a few bucks. "Since Polymarket launched in 2022, a few thousand people have lost the bu…