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- A Polymarket trader made a profit of $252,000 after the UFC incorrectly determined the winner of the fight for the second time in two weeks.
- An X account linked to a Polymarket trader said they noticed the error by looking at the official scorecard for the match.
- The incident shows how athletes’ performance is not the only factor that can influence the perceived outcome of spotting events among bettors.
Winning bets in combat sports often hinge on kicks and punches, but one Polymarket trader has scored a huge payday by capitalizing on the UFC’s recent ‘scoring error’.
to The second time Within two weeks, UFC announcer Bruce Buffer misread the result of the fight, enabling a trader to place a $500 bet that rose to More than $252,000 on saturday. The win represents the trader’s best bet since joining the prediction market platform in January.
Initially, American lightweight Chris Padilla, along with millions of viewers, were told that he had bested Markuel Medeiros at UFC 327 in Miami, per talkSPORT. After a commercial break, commentator John Adeck said that the fight had already been scored as a “majority draw.”
At that point, Polymarket gave Padilla a 99.9% chance of winning the fight, suggesting the outcome was essentially settled. After the commentator revealed the error, the odds for each fighter swung to 50% to reflect that neither would win.
That was good for the Polymarket trader who bet on Mederos when the fighter had a 0.1% chance of winning the bout — resulting in a roughly 50,000% profit — and bad for bettors who bet on Padilla up to the point where his win was effectively erased from history.
The platform’s high odds serve as the latest example that when it comes to sporting events like the UFC, athlete performance isn’t the only factor and mainstream streamers like Buffer can greatly influence the odds — even if their statements are inaccurate.
The trader in question, who is currently passing through Jesus Christ is good At Polymarket, he was among a small group that bet on Padilla after Buffer’s error. Their profile indicates account On X, which explained how to detect the error in advance.
The user said he checked the official scorecard for the fight and, “after doing some math,” determined that the judges had incorrectly awarded the points in Padilla’s favor.
Prediction market skeptics, like journalist Dustin Gorker, He doubted On X why “(the) truth machine was telling us the wrong outcome.” However, Polymarket Trader Evaluation shows that at least one individual was aware that the market odds were about to correct.
Polymarket has He pointed out side by side Main competitor Kalshi said they are working to improve systems for detecting suspicious transactions, while US lawmakers have said their platforms must adhere to… Tighter restrictions To prevent insider trading and market manipulation.
Polymarket last month decided A partnership in Major League Baseball aims to “protect the integrity of the game” through a framework that also includes the Commodity Futures Trading Commission (CFTC). Ultimate Fighting Championship tear partnered with Polymarket last November, shortly after the NHL announced a similar agreement.
“By bringing prediction markets to broadcast and arena, we are giving fans a new way to be part of the action, not just watching the results but watching the world’s predictions evolve with each round,” Polymarket CEO Shane Coplan said at the time.
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