Polymarket elites profit from retail investors chasing easy gains
Prediction markets have become a battleground where a small group of professionals earn profits at the expense of retail participants seeking quick returns. Only 16.7% of Polymarket users remain profitable, while the elite, equipped with better information and discipline, capitalize on novice bettors, raising concerns about potential insider trading.
Source 10x
The situation worsened after the discovery of an error in third-party dashboards that significantly overstated Polymarket’s trading volumes. This has further undermined trust in the market and cast doubts on the transparency and fairness of trading activities.
Going forward, improvements in analytical tools and increased transparency may help restore user confidence, but for now, the prediction market remains an environment where only a select few professionals hold the advantage.
