Polymarket traders bleed over $5m in back-to-back World Cup upsets

Businessday | 17-06-2026 02:45am |

Polymarket traders have experienced significant financial losses exceeding $5 million due to unexpected outcomes in the FIFA 2026 World Cup. The tournament has quickly emerged as a major event in the sports betting landscape, attracting a large number of participants. Recent upsets in match results have led to substantial shifts in betting odds, impacting traders' investments. This trend highlights the unpredictable nature of sports betting, particularly during high-stakes events like the World Cup.

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