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Polymarket Records $4.3M Trading Volume on League of Legends AL vs T1 Match

Polymarket betting activity surged for today’s TES vs T1 best-of-five, with T1 favored at 76% win probability and millions wagered in the esports prediction market.

Summary

Polymarket data for today’s TES vs T1 League of Legends best-of-five match shows over $2.7 million in trading volume, with T1 given a 76% probability of victory. This continues the rise in blockchain-based esports prediction markets, following earlier high volumes in matches involving T1.

Terms & Concepts
  • Prediction Market: A platform where participants trade contracts based on the outcomes of future events, with prices reflecting the perceived probability of those outcomes.
  • Best-of-Five (Bo5): A competitive gaming format where teams play up to five matches, and the first to win three is declared the overall winner.
  • Trading Volume: The total monetary value of all contracts traded within a specific period on a market or exchange.