Polymarket's top account 'swisstony' made $12M on sports bets
- —swisstony placed 184,000 positions across 113,112 markets
- —Total wagers reached $657 million at under 2% average return per bet
- —68% of users betting over $100 are losing money; 4% lost their entire stake
- —Crypto price bets drove $5.1 billion in Polymarket volume
Why it matters: The data shows profits on Polymarket concentrate among professionals while most retail bettors lose money.
Source: PANews