Polymarket trader turns $6 million World Cup draw bet into $7.602 million profit

A new wallet spent $6 million on a draw and on South Africa not winning in the Czech Republic-South Africa market, building the position around the time South Africa scored early in the match.

Summary

A new Polymarket account, GRIMDRIP (0x3f87d51f27ba6e19ec52aaeebb68559a839c742c), generated $7.602 million in profit after spending $6 million on positions backing a draw and South Africa not winning in the 2026 World Cup Group A second-round match between the Czech Republic and South Africa. The match finished 1-1. The purchases were made around the time South Africa scored roughly six minutes after kickoff, suggesting the trader added size during an early in-game price swing. The development materially updates an earlier report about a smaller pre-match position in the same market, shifting the focus to a much larger trade and its realized outcome.

Terms & Concepts
  • Polymarket: A prediction market where users trade contracts tied to the outcomes of real-world events.
  • prediction market: A market in which prices reflect traders’ views on the likelihood of future outcomes.
  • in-game price swing: A rapid change in market pricing during a live event as new information, such as a goal, affects perceived odds.