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Polymarket Trader With $4 Million Profit Backs Cavaliers Over Lakers

The account bought $360,000 worth of Cavaliers shares at 44.8 cents ahead of the NBA regular-season game scheduled for 10:30 Beijing time.

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Terms & Concepts
  • Polymarket: A crypto-based prediction market where users trade shares tied to event outcomes.
  • Prediction market: A market in which participants buy and sell contracts based on the probability of a future event.