An account with a loss of nearly $5 million purchased $400,000 on the NCAA Final Four, betting on Connecticut to win against Michigan with the point spread.
Odaily Seer channel monitoring shows that in the Polymarket prediction event “NCAA Finals Connecticut vs Michigan,” an account with nearly $5 million in losses (address: 0x492442eab586f242b53bda933fd5de859c8a3782) purchased $400,000 on Connecticut -6.5 to beat Michigan, with an average opening price of 49¢.
NCAA “March Madness” refers to the National Championship of the NCAA Division I Men's Basketball Tournament. The event usually starts every March, adopts a single-elimination format, features an intensive schedule, and intense competition, thus earning the name “March Madness.”
Odaily Seer channel continues to monitor prediction markets to see changes before pricing occurs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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