Gate News message, April 24 — According to Odaily Seer, an account that has suffered losses exceeding $4 million placed a $100,000 bet on Denver Nuggets to beat Minnesota Timberwolves with a 1.5-point spread at an average entry price of 46 cents on Polymarket, approximately 10 minutes before Game 3 of the NBA Western Conference first round tip-off at 9:30 AM Beijing time today.
The series is currently tied 1-1. Minnesota’s starting lineup includes McDaniels, Randle, Gobert, Edwards, and DiVincenzo, while Denver starts with Johnson, Spencer Jones, Jokic, Brown, and Murray. Denver’s key player Aaron Gordon will miss Game 3 due to a calf injury.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Non-Sports Volume Reaches $7.5B vs. Kalshi's $1.6B, Says Blockchain Capital Partner
Gate News message, April 27 — According to Spencer Bogart, a partner at Blockchain Capital, Kalshi and Polymarket have nearly identical total trading volumes of approximately $12.2 billion each (Kalshi at $12.29 billion, Polymarket at $12.22 billion). However, when sports-related trades are
GateNews22m ago
Loss-Making Account Bets $250K on Rockets in NBA Playoff Game 4 vs Lakers on Polymarket
Gate News message, April 27 — According to Odaily Seer, a loss-making account (0x492442eab586f242b53bda933fd5de859c8a3782-1766317541188) with cumulative losses exceeding $3.4 million purchased approximately $250,000 worth of prediction contracts betting on the Houston Rockets to defeat the Los
GateNews31m ago
Polymarket Upgrades Platform on April 28, Migrating Collateral from USDC.e to pUSD
Gate News message, April 27 — Polymarket announced it will upgrade its platform on April 28, 2026, at approximately 19:00 UTC, with trading suspended for about one hour during the maintenance window. The upgrade includes a new-generation trading contract (CTF Exchange V2), a reconstructed order book
GateNews53m ago
Study Finds Only 3% of Polymarket Traders Are Skilled, Capturing Over 30% of Gains
Gate News message, April 26 — A new academic paper analyzing Polymarket transactions from 2023 through 2025 concludes that the platform's accuracy reflects "the wisdom of an informed minority, not the wisdom of the crowd." The research, revised April 25 by scholars from London Business School and
GateNews3h ago
Brazil Bans Polymarket, Kalshi, 26 Other Prediction Platforms
Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The two leading prediction markets, Polymarket and Kalshi, were confirmed inaccessible to researchers based in the country, with the Banco Central do Brasil publishing a fo
CryptoFrontier5h ago
Polymarket Bets on MegaETH Launching with Over $1B Valuation: 88% Probability
Gate News message, April 26 — According to Polymarket prediction market data, there is an 88% probability that MegaETH will have a fully diluted valuation (FDV) exceeding $1 billion one day after launch. Earlier reports indicate the token's TGE is expected on April 30.
Market participants are
GateNews15h ago
