Account with $4M+ Losses Bets $100K on Denver Nuggets in NBA Playoff Game 3 on Polymarket

Gate News message, April 24 — According to Odaily Seer, an account that has suffered losses exceeding $4 million placed a $100,000 bet on Denver Nuggets to beat Minnesota Timberwolves with a 1.5-point spread at an average entry price of 46 cents on Polymarket, approximately 10 minutes before Game 3 of the NBA Western Conference first round tip-off at 9:30 AM Beijing time today.

The series is currently tied 1-1. Minnesota’s starting lineup includes McDaniels, Randle, Gobert, Edwards, and DiVincenzo, while Denver starts with Johnson, Spencer Jones, Jokic, Brown, and Murray. Denver’s key player Aaron Gordon will miss Game 3 due to a calf injury.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

A16z Backs CFTC With 18-Page Comment Letter Against State-Level Prediction Market Crackdowns on Friday

According to The Block, Andreessen Horowitz filed an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting the federal regulator's push against state-level prediction market restrictions. The VC firm argued that cease-and-desist letters and proposed bans by state r

GateNews1h ago

Bitcoin Reclaims $80,000 Amid ETF Inflows, but Polymarket Odds Put $90K Probability at Just 23%

According to CryptoQuant and Polymarket data, Bitcoin reclaimed the $80,000 level on May 4 as strong spot ETF inflows and rising leverage lifted prices. However, weak on-chain spot demand signals caution among traders; Polymarket odds assign just a 23% probability to Bitcoin reaching $90,000 by mont

GateNews2h ago

Polymarket WTI Crude Oil May Contract Rises to 81%, Up 8% in 24 Hours

According to Odaily Seer, Polymarket's prediction contract for WTI crude oil reaching $95 in May 2026 rose to 81% today, having peaked at 88% earlier. The contract gained 8% over the past 24 hours.

GateNews2h ago

Hyperliquid Launches Event Contracts, Bitcoin Market Surpasses Kalshi and Polymarket on First Day

According to Predictefy data, Hyperliquid's Bitcoin event contracts surpassed trading volumes on Kalshi and Polymarket on their first day. The platform launched event contracts on May 3, with the first market featuring daily settlement BTC price

GateNews2h ago

PolyArb Flagged as Fake Prediction Market With Wallet-Draining Code

According to on-chain detective ZachXBT, PolyArb is a fraudulent prediction market product with wallet-draining code embedded on its website. The project's account has also engaged in controversial replies under posts from established prediction market platforms to drive traffic and attract users, a

GateNews5h ago

Polymarket, Kalshi Hit $150B Lifetime Volume in April

## Prediction Markets See First Volume Decline After Seven-Month Rally Polymarket and Kalshi's combined monthly trading volume declined in April, ending a seven-month streak of record highs, according to The Block's data. Despite the monthly decline, the two leading prediction markets reached a com

CryptoFrontier7h ago
Comment
0/400
No comments