A newly joined trader on the decentralized, crypto focused prediction platform Polymarket has pulled off a remarkable first day, turning short term market mispricing into a massive profit.
According to the Polymarket profile hai15617, the trader made ten predictions shortly after signing up on January 14. While several of those trades ended in losses, a single bet tied to Bitcoin delivered an outsized payoff. That position generated roughly $99,779 in profit, representing an 887% return.
The Bitcoin win more than covered the earlier losses, leaving the trader with an estimated net profit of about $92,300 by the end of the day. Momentum continued into the following session, and by January 15, the trader’s total winnings had climbed beyond $235,000.
Are short-term Bitcoin bets the most profitable strategy on Polymarket?
Notably, hai15617’s approach was not built around predicting Bitcoin’s long term trend or the broader crypto market. Instead, the strategy centered on spotting sharp mispricings in short duration prediction markets.
In practice, this meant placing large bets at moments when market odds drifted far from what the trader believed was fair value. One example mentioned earlier involved an roughly $11,000 wager that Bitcoin would fall into a specific range that the community priced at just a 10% probability.
This outcome highlights both the risk and the fast moving nature of prediction markets. Profitability often depends less on winning most trades and more on capitalizing on rare but significant pricing errors. Even a series of losing positions can be offset by a single well timed trade when odds become severely distorted.
Similarly, hai15617’s results show how a narrow, well executed strategy can be highly profitable, a pattern Polymarket users have also observed in other areas such as sports related prediction markets.
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