These Are The 3 Hottest Bets On Polymarket Right Now
Polymarket betting is back on the map, as Polymarket US Election fever is heating up with less than 30 days to go until the presidential election – but is Trump the best bet on the market?
The world’s most popular prediction market, Polymarket, is back on the fritz again, this time with a new clear presidential election winner: Donald Trump by six points.
With $1.5 billion at stake in the election, heads will roll in November.
As we look to 2024, we want to tell you why you should be slightly skeptical of Polymaret and share our favorite bets on the site, including who Satoshi Nakamoto is.
Presidential Election Winner 2024 Polymarket
( Polymarket )Last week, Polymarket gave Trump as much as an 8-point lead. Clearly, the market anticipates a devastating Trump victory. Even Zelensky visited Trump because everyone internationally anticipated his victory. Kamala is done for.
That said, watching all this Polymarket hubbub makes us realize that most crypto investors are not professional gamblers (although they can gamble their hard-won meme coins here ).
While analysts initially create handicaps, spreads, and lines, those odds are adjusted as bets are placed. If one outcome is chosen more by bettors, the odds must be adjusted to keep the bet balanced. The upshot is that the House’s goal is to pay the winners with the losers and have a tiny bit left over.
🚨 BREAKING: Trump’s lead over Kamala Harris just hit an all-time high in Pennsylvania.
Odds he wins are ahead by 12%. pic.twitter.com/Nn3G5dmTng
— Polymarket (@Polymarket) October 7, 2024
Of course, money is on the line here, so Trump likely is the leading favorite.
Yet you should also keep in mind that Polymarket is heavily marketed toward conservatives. Conservative YouTuber Ben Shapiro has shilled the site for weeks now.
Who can say what this means for accuracy compared to normal polls? But unlike the electorate, it’s a weird group betting there. I’m not sure if that makes them more or less reliable.
Here’s the good news: the market always pumps after the election, but PolitiFi memes will pump over the next three weeks.
Polymarket Bet #2: Satoshi Nakamoto Reveal
Is Satoshi Alive? Hint: yes.
At least this is according to film director Cullen Hoback, who claims he will confront who he believes to be Satoshi Nakamoto in his HBO documentary “Money Electric: The Bitcoin Mystery,” premiering today
Polymarket odds are surging trying to predict who they will name:
( Polymarket )The film crew will arrive at their suspect, and a scene will culminate in speaking to them. You have to think, if they name someone currently alive, HBO is basically ruining their life because they can never go out in public again without it being mentioned.
This is to say none of this is conclusive and will likely be prefaced with a ‘well, it’s just MY opinion, after all.’ And as long as the person Hoback speaks to denies it, then it’s not conclusive. If the person he spoke to confirmed they were Satoshi, the news would’ve leaked by now.
Our personal prediction is that it will just be the director going up to Dorian Satoshi Nakamoto and him saying “no.” It’s happened countless times at BTC conferences.
Bet #3: NFL Super Bowl Winner 2025
And, of course, football! Because even though we’re on the precipice of WW3 and an election that might spark civil war, there’s always the pigskin!
The running favorites are the Kansas City Chiefs to three-peat the Super Bowl.
Some of our favorite picks here to upset that will 10x your return are the Cincinnati Bengals. Despite their 1-4 start, they boast a top-tier quarterback. Also, the Buffalo Bills are on a mission for the Super Bowl, while the LA Rams, though 1-4, are poised for a comeback with their roster soon back to full health.
Still, do you feel as though your gambling itch isn’t satisfied?
Memebet Casino: A New Player in the Crypto Gambling Space
As online gambling continues to grow, the newly launched Memebet Casino aims to make waves by targeting the booming $40 billion meme coin market.
The native token of Memebet Casino, $MEMEBET, is currently in presale and has already raised $387,158. With an array of live casino games, slots, and sportsbook coverage, Memebet intends to cater to a wide audience, including fans of major sports leagues such as the NBA and PFL.
One of the unique aspects of Memebet Casino is its Airdrop seasons. Presale buyers who wager their $MEMEBET tokens in the casino will be eligible for a share of the prize pool. The size of their reward is based on the number of tokens wagered. The first airdrop season will begin before the presale ends, with additional seasons planned, including one post-listing on major exchanges.
Memebet also introduces Lootboxes, an industry-first feature that rewards players with physical prizes like NFTs, signed Argentina Messi shirts, cash, and casino bonuses.
As part of its marketing strategy, Memebet has even become a regional sponsor of the Argentina national soccer team, which shows the team’s ambition to grow its visibility in the global market.
KYC-Free and Telegram Integration
Unlike many platforms that require lengthy identity verification processes, Memebet will be a KYC-free casino, allowing users to start betting in minutes. It will operate both as a web app and a Telegram app, the latter offering a seamless experience for placing bets.
The presale is in its initial stages, and the price is 1 $MEMEBET = $0.0257; the price will gradually increase in the next stages of the presale.
Visit MEMEBET Here
EXPLORE: Best Way to Diversify Your Portfolio in 2024? BlackRock Says Bitcoin
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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