Polymarket trader places $450,000 on Spurs in Game 6 market

A Polymarket trader with more than $400,000 in profits bought $105,000 of Thunder-to-win shares for the next market, bringing the position to 180,000 shares ahead of Game 7 in Oklahoma City.

Summary

A Polymarket topic tracking NBA Western Conference Finals betting now includes a new position for Game 7 after earlier Game 6 activity. The existing topic covered a trader who bought $450,000 worth of Spurs-to-win shares in Game 6 at an average price of 58.9 cents, alongside separate reporting that a profitable wallet with more than $4.3 million in gains bought $255,000 of Thunder-to-win shares at 40.4 cents in another Game 6 market and was down about $150,000 at halftime. The new update says a Polymarket trader with more than $400,000 in profits bought $105,000 on the Thunder to beat the Spurs at an average price of 58.4 cents, bringing that Game 7 position to 180,000 shares. Western Conference finals Game 7 is scheduled for May 31 at 8:30 a.m. Beijing time in Oklahoma City.

Terms & Concepts
  • Polymarket: A crypto-based prediction platform where users trade contracts tied to real-world event outcomes.
  • Prediction market: A market where traders buy and sell event-based contracts, and prices indicate the market’s implied probability of each outcome.