Someone's Breaking the Prediction Markets

A trader on Polymarket just hit 56 wins out of 58 NBA prediction bets. Total haul? Over $2 million in profits, sitting at a nearly untouchable 96% win rate.

Think about that for a second. In a space where most people are just throwing darts at the board, this person is playing a completely different game. Either they've stumbled onto the most absurd lucky streak in crypto trading history… or there's something else going on. Maybe insider knowledge. Maybe access to information others don't have. Maybe something in between.

It raises an interesting question about prediction markets and data asymmetry. When the stakes are this high and the success rate is this extreme, you have to wonder what edge they're actually running. This kind of performance doesn't happen by accident in a market that's supposed to be efficient.