- The crypto community is discussing a scheme for making money on polymarket due to bets on the World Cup on June 11.
- Social media user gavelsv.patron suggested following his chosen strategy.
- It may be wrong due to high risks.
Crypto community members have uncovered a scheme to make money on the prediction market. polymarket with bets on the World Cup, which starts on June 11, but does it work?
A social media user under the pseudonym gavelsv.patron сообщил, that you can get a 30% return by betting on the victory of the seven teams considered the tournament favorites, including Spain, France, England, Argentina, Brazil, Portugal and Germany.
Bet on “Yes” on seven teams. The volume [of bets] reaches $562 million, so liquidity “I’m here. I deposited $1,000 and on July 19th [when the World Cup ends] I’ll get a $300 bonus for my ingenuity. I don’t pass up opportunities like this, and you should follow my example,” wrote gavelsv.patron.
However, gavelsv.patron and others who have reported this scheme are mistaken. The point is that betting the same amount on each of the seven teams to win will result in a loss if Spain or France wins. A successful bet on these teams to win won’t cover the losses from the losing bets. For example, betting $100 on Spain and France would result in a loss. can win only $639,57 and $653,59 respectively.
The odds of teams winning the 2026 World Cup and the return on a winning bet on Spain
Profit can only be made if England, Argentina, Brazil, and Portugal win, as successful bets on these teams will multiply your bet more than eightfold. Given that Spain and France are the most likely to win, the risk of losing money is obviously high. However, the system can be improved by betting only on the first six teams.
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