Polymarket Trader Backs Rockets With $100,000 in NBA Game 2 Bet

A Polymarket account with more than $3 million in profit bought $110,000 of Thunder-over-Suns shares at 92 cents ahead of Game 2, with Oklahoma City leading the series 1-0.

Summary

A Polymarket account reported to have generated more than $3 million in profit bought $110,000 worth of Thunder-over-Suns shares at an average entry price of 92 cents. The position was placed ahead of Game 2 of an NBA Western Conference first-round series scheduled for 9:30 a.m. Beijing time. Oklahoma City entered the game with a 1-0 series lead after winning Game 1 by 35 points.

Terms & Concepts
  • Polymarket: A blockchain-based prediction market platform where users trade on event outcomes using crypto rails.
  • Prediction market: A market where participants buy and sell outcome-based positions tied to future events.