Polymarket Account Buys $370,000 Spurs Bet Ahead of Game 3

A Polymarket trader with losses exceeding $1.3 million placed $300,000 on Spurs point-spread positions before Game 4, with San Antonio leading the series 2-1.

Summary

New Polymarket activity shows an account down more than $1.3 million buying $300,000 in Spurs spread positions before Game 4 of the Western Conference semifinal. The trader purchased $190,000 on Spurs -5.5 at 49 cents and $110,000 on Spurs -4.5 at 53 cents. The game was scheduled to start at 7:30 a.m. Beijing time, with the series standing at 2-1 Spurs. This adds a new large sports-related trade on Polymarket alongside the previously tracked Spurs-Timberwolves and Thunder-Lakers positions.

Terms & Concepts
  • Polymarket: A crypto prediction market where users trade contracts tied to the outcomes of future events.
  • Spurs -5.5: A point-spread market requiring the Spurs to win by at least 6 points for the contract to resolve in favor of the buyer.
  • Spurs -4.5: A point-spread market requiring the Spurs to win by at least 5 points for the contract to resolve in favor of the buyer.