{"id":122938,"date":"2024-11-07T03:22:48","date_gmt":"2024-11-06T20:22:48","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=122938"},"modified":"2024-11-07T03:22:48","modified_gmt":"2024-11-06T20:22:48","slug":"polymarket-whale-who-bet-on-trump-raked-in-48m-in-profits","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=122938","title":{"rendered":"Polymarket &#8216;whale&#8217; who bet on Trump raked in $48M in profits"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>The French \u201cwhale\u201d who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform.<\/p>\n<p>The anonymous bettor, who goes by Th\u00e9o, controlled four separate accounts on the platform that each made wagers on Trump winning the Electoral College and the popular vote, along with some money on Republican candidates in swing states.<\/p>\n<p>On Wednesday morning, projections showed <a href=\"https:\/\/nypost.com\/2024\/11\/06\/us-news\/donald-trump-wins-2024-presidential-election-defying-the-odds-again\/\">former president Donald Trump claiming a victory over Vice President Kamala Harris<\/a> to become the 47th president of the United States \u2013 catapulting Th\u00e9o and his massive gains to the top of Polymarket\u2019s all-time winnings board.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"33796810\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.4389830508475;display:block\" decoding=\"async\" fetchpriority=\"high\" data-modal-image=\"33796810\" width=\"849\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?w=1024\" alt=\"Trump holds hands with wife Melania at Election Night watch party on Nov. 5, 2024.\" class=\"wp-image-33796810\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?quality=75&amp;strip=all 4106w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=300,208&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=768,534&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=1024,712&amp;quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=1536,1067&amp;quality=75&amp;strip=all 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=2048,1423&amp;quality=75&amp;strip=all 2048w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=848,589&amp;quality=75&amp;strip=all 848w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=714,496&amp;quality=75&amp;strip=all 714w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=576,400&amp;quality=75&amp;strip=all 576w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=440,306&amp;quality=75&amp;strip=all 440w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=406,282&amp;quality=75&amp;strip=all 406w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=180,125&amp;quality=75&amp;strip=all 180w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=102,71&amp;quality=75&amp;strip=all 102w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=101,70&amp;quality=75&amp;strip=all 101w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=200,139&amp;quality=75&amp;strip=all 200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=231,161&amp;quality=75&amp;strip=all 231w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=322,224&amp;quality=75&amp;strip=all 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=635,441&amp;quality=75&amp;strip=all 635w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=86,60&amp;quality=75&amp;strip=all 86w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=83,58&amp;quality=75&amp;strip=all 83w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=225,156&amp;quality=75&amp;strip=all 225w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=150,104&amp;quality=75&amp;strip=all 150w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/former-us-president-donald-trump-93150584.jpg?resize=50,35&amp;quality=75&amp;strip=all 50w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><figcaption>The French \u201cwhale\u201d who bet $30 million on a Trump win has raked in about $48 million in profits, according to the platform. <span class=\"credit\">DAMON HIGGINS\/PALM BEACH DAILY NEWS \/ USA TODAY NETWORK via Imagn Images<\/span><\/figcaption><\/figure>\n<p>The Theo4 Polymarket account is sitting on about $22 million in profits, while the trader\u2019s three other accounts \u2013 Fredi9999, PrincessCaro and Michie \u2013 saw a combined $26 million.<\/p>\n<p>Media outlets have questioned the French trader\u2019s motives in placing such large amounts of money on Trump, but Th\u00e9o said the Polymarket moves were simply good bets.<\/p>\n<p>\u201cMy intent is just making money,\u201d he told The Wall Street Journal during a Zoom call last week.\u00a0<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<\/aside>\n<p>\u201cI have absolutely no political agenda,\u201d the trader wrote in a follow-up email to the paper.\u00a0<\/p>\n<p>The trader\u2019s risky bets paid off bigtime as the mysterious figure held onto about $3 million in unrealized losses the day before the election while polls continued to predict a neck-and-neck race.<\/p>\n<p>Former president Donald Trump appears to have clinched the White House with a sweeping \u201cred wave\u201d victory across several swing states, according to The Associated Press as of Wednesday afternoon.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"33796812\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.0881355932203;display:block\" decoding=\"async\" loading=\"lazy\" data-modal-image=\"33796812\" width=\"642\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?w=1024\" alt=\"Polymarket 2024 election forecast showing Trump with 61.8% odds and Harris with 38.2%.\" class=\"wp-image-33796812\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?quality=75&amp;strip=all 1548w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=300,276&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=768,705&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=1024,941&amp;quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=1536,1411&amp;quality=75&amp;strip=all 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=641,589&amp;quality=75&amp;strip=all 641w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=540,496&amp;quality=75&amp;strip=all 540w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=576,529&amp;quality=75&amp;strip=all 576w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=440,404&amp;quality=75&amp;strip=all 440w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=307,282&amp;quality=75&amp;strip=all 307w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=180,165&amp;quality=75&amp;strip=all 180w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=77,71&amp;quality=75&amp;strip=all 77w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=76,70&amp;quality=75&amp;strip=all 76w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=200,184&amp;quality=75&amp;strip=all 200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=231,212&amp;quality=75&amp;strip=all 231w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=322,296&amp;quality=75&amp;strip=all 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=480,441&amp;quality=75&amp;strip=all 480w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=65,60&amp;quality=75&amp;strip=all 65w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=63,58&amp;quality=75&amp;strip=all 63w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=170,156&amp;quality=75&amp;strip=all 170w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=150,138&amp;quality=75&amp;strip=all 150w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2024\/11\/polymarket-2024-93092260_edb996.jpg?resize=50,46&amp;quality=75&amp;strip=all 50w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Ahead of Election Day, Polymarket showed Trump with higher odds of winning the presidency.<\/figcaption><\/figure>\n<p>Polymarket, along with other newly popular <a href=\"https:\/\/nypost.com\/2024\/11\/04\/business\/trump-has-54-chance-of-winning-say-markets-not-polls\/\">election betting platforms like Kalshi<\/a>, is now trying to position itself as the more accurate race predictor.\u00a0<\/p>\n<p>\u201cLast night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits,\u201d the company said in a statement on X. \u201cPolymarket consistently and accurately forecasted outcomes well ahead of all three, demonstrating the power of high volume, deeply liquid prediction markets like those pioneered by Polymarket.\u201d<\/p>\n<p>The morning before Election Day, the betting site said Trump had a 58.6% chance of winning the presidency while Harris\u2019 odds stood at 41.4%, according to the Polymarket site.<\/p>\n<p>Meanwhile, the candidates appeared to be tied \u2013 each with support from 49% of registered voters \u2013 in NBC News\u2019 last poll before the election, released on Sunday.<\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/nypost.com\/2024\/11\/06\/business\/polymarket-whale-who-bet-on-trump-raked-in-48m-in-profits\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French \u201cwhale\u201d who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=122938\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-122938","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122938"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122938\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}