Mike

Donald Trump

Mike Tyson

In the world of prediction betting, one well-timed decision can make all the difference. This was certainly the case for “zxgngl”, a whale on Polymarket, who scored an impressive profit by betting on Donald Trump’s victory in the 2024 U.S. presidential election. 
<figure class="wp-block-image size-large is-resized">
 <img loading="lazy" decoding="async" width="1024" height="602" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/GbrvR-RbEAAmEV3-2-1024x602.jpg" alt="Profit of &quot;zxgngl&quot; in the U.S. Election Bet" class="wp-image-39000" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/GbrvR-RbEAAmEV3-2-1024x602.jpg 1024w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/GbrvR-RbEAAmEV3-2-300x176.jpg 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/GbrvR-RbEAAmEV3-2-768x452.jpg 768w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/GbrvR-RbEAAmEV3-2.jpg 1530w" sizes="(max-width: 1024px) 100vw, 1024px">
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 Profit of “zxgngl” in the U.S. Election Bet | Source: Polymarket
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By buying Trump shares at an average price of 61¢ and later selling them at 99¢, zxgngl walked away with a remarkable gain of $11,226,887.92, or about 62.28%. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> JUST IN: Polymarket user "zxgngl" has bet $18 million on Trump, with a potential payout of $29.5 million. Currently, this is the largest Trump wager on the platform. <a href="https://t.co/DCoxTNBvZl">pic.twitter.com/DCoxTNBvZl</a>— Cointelegraph (@Cointelegraph) <a href="https://twitter.com/Cointelegraph/status/1853852279579042225?ref_src=twsrc%5Etfw">November 5, 2024</a>
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This win wasn’t just luck; it was a calculated move based on smart strategy and timing. The success placed zxgngl firmly in the spotlight within the Polymarket community. In a competitive environment where every decision counts, zxgngl demonstrated boldness and a sharp eye for opportunity amid the political uncertainty surrounding the election. 
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 <img loading="lazy" decoding="async" width="532" height="338" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-5.png" alt="Top Profit on Polymarket" class="wp-image-39001" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-5.png 532w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-5-300x191.png 300w" sizes="(max-width: 532px) 100vw, 532px">
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 Top Profit on Polymarket | <a href="https://polymarket.com/leaderboard">Source : Polymarket</a>
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In the leaderboard of Polymarket’s top traders, zxgngl currently holds the fourth spot, with an impressive profit total of $7.8 million. Though not the highest—behind other notable figures like Theo4 at $22 million and Fredi9999 at $16.6 million and zxgngl’s success has cemented their position among the top players. This substantial gain underscores their skill in navigating Polymarket’s complex prediction markets.. 
<h2 class="wp-block-heading" id="h-optimism-on-the-tyson-vs-paul-fight">Optimism on the Tyson vs. Paul Fight</h2> 
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 The odds have hardly moved since this fight started. Who you got? <a href="https://t.co/kVSAL8kLLm">pic.twitter.com/kVSAL8kLLm</a>— Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1857652816942108694?ref_src=twsrc%5Etfw">November 16, 2024</a>
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After scoring big on the Trump bet, zxgngl decided to go all-in again, this time betting on Mike Tyson in his highly anticipated match against Jake Paul. Confident in Tyson’s abilities, zxgngl placed a hefty $3.6 million wager on Tyson, purchasing over 11 million shares at an average price of 33¢ each. 
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 <img loading="lazy" decoding="async" width="1013" height="521" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7.png" alt="Account &quot;zxgngl&quot; after Mike Tyson's Loss" class="wp-image-39005" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7.png 1013w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7-300x154.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7-768x395.png 768w" sizes="(max-width: 1013px) 100vw, 1013px">
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 Account “zxgngl” after Mike Tyson’s Loss | Source: <a href="https://polymarket.com/profile/0xd235973291b2b75ff4070e9c0b01728c520b0f29">Polymarket</a>
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Looking at Polymarket data, the market leaned toward Jake Paul before the fight. Prediction charts showed Paul’s odds of winning hovering around 63.5%, while Tyson’s odds stayed below 30%. 
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 <img loading="lazy" decoding="async" width="915" height="497" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-123834.png" alt="Market Condition in the Jake Paul vs. Mike Tyson Bet " class="wp-image-39003" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-123834.png 915w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-123834-300x163.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-123834-768x417.png 768w" sizes="(max-width: 915px) 100vw, 915px">
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 Market Condition in the Jake Paul vs. Mike Tyson Bet | Source : <a href="https://polymarket.com/event/jake-paul-vs-mike-tyson-fight-rigged?tid=1731920419948">Polymarket</a>
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The prediction market saw over $63 million in trading volume, highlighting the intense interest in this match. Despite the odds favoring Paul, zxgngl remained optimistic, willing to take a significant risk against the dominant market sentiment that leaned heavily toward Paul. 
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 This trader now has $3.7 million on Mike Tyson. He won't stop buying. What does he know? <a href="https://t.co/sdtJHCeDDF">pic.twitter.com/sdtJHCeDDF</a>— Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1857646374688297302?ref_src=twsrc%5Etfw">November 16, 2024</a>
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Related <a href="https://cointelegraph.com/news/live-countdown-us-elections-2024-crypto-industry">2024 US elections: Trump elected US president for a second time</a> 
<h2 class="wp-block-heading" id="h-tyson-s-defeat-and-a-big-loss">Tyson’s Defeat and a Big Loss</h2> 
Unfortunately, zxgngl’s massive bet on Tyson didn’t pay off. In the eight-round fight, Jake Paul emerged victorious with a unanimous decision from the judges, while Tyson appeared fatigued in the later rounds. 
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 <img loading="lazy" decoding="async" width="1013" height="521" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7.png" alt="Account &quot;zxgngl&quot; after Mike Tyson's Loss " class="wp-image-39005" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7.png 1013w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7-300x154.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-7-768x395.png 768w" sizes="(max-width: 1013px) 100vw, 1013px">
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 Account “zxgngl” after Mike Tyson’s Loss | Source: <a href="https://polymarket.com/profile/0xd235973291b2b75ff4070e9c0b01728c520b0f29">Polymarket</a>
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The $3.6 million zxgngl wagered on Tyson ended in a total loss, erasing almost a third of the profits previously gained from the Trump bet. 
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 <img loading="lazy" decoding="async" width="994" height="576" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-150241.png" alt="Transaction of &quot;zxgngl&quot; in the Jake Paul vs. Mike Tyson Bet" class="wp-image-39006" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-150241.png 994w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-150241-300x174.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/Screenshot-2024-11-18-150241-768x445.png 768w" sizes="(max-width: 994px) 100vw, 994px">
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 Transaction of “zxgngl” in the Jake Paul vs. Mike Tyson Bet | Source : <a href="https://polymarket.com/profile/0xd235973291b2b75ff4070e9c0b01728c520b0f29">Polymarket</a>
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According to transaction data, zxgngl made multiple purchases of Tyson shares at various prices and volumes, showing a high level of confidence despite the unfavorable odds. Some of the major purchases included 60,988 shares at 48¢ for $26,123.20 and 39,935 shares at 65¢ for $29,574.35. 
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 Jake Paul wins, as Polymarket forecasted. The crowd's not happy. <a href="https://t.co/JUMbitfJPQ">pic.twitter.com/JUMbitfJPQ</a>— Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1857658310612156611?ref_src=twsrc%5Etfw">November 16, 2024</a>
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In the end, all these shares were wiped out after Tyson’s defeat, underscoring the substantial risk involved in prediction betting, where even experienced traders like zxgngl can face significant losses on a single event. 
Related <a href="https://nypost.com/2024/11/13/business/polymarket-whale-earned-85m-on-donald-trump-win/">Polymarket ‘whale’ earned $85M on Donald Trump win</a> 
<h2 class="wp-block-heading" id="h-the-big-winner-on-this-bet">The Big Winner on This Bet</h2> 
While zxgngl faced a major setback, another whale on Polymarket managed to come out on top with a well-placed bet on Jake Paul’s victory. 
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 <img loading="lazy" decoding="async" width="1003" height="503" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-8.png" alt="Account &quot;thatdawg&quot; after Jake Paul's Win " class="wp-image-39007" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-8.png 1003w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-8-300x150.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-8-768x385.png 768w" sizes="(max-width: 1003px) 100vw, 1003px">
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 Account “thatdawg” after Jake Paul’s Win | Source: Polymarket
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User “thatdawg” placed a significant wager on Jake Paul winning the fight against Tyson, and this choice proved highly profitable. Thatdawg acquired Paul’s shares at different prices and amounts, demonstrating confidence in Paul’s abilities. 
<figure class="wp-block-image size-full is-resized">
 <img loading="lazy" decoding="async" width="1009" height="624" src="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-9.png" alt="Transaction of &quot;thatdawg&quot; in the Jake Paul vs. Mike Tyson Bet" class="wp-image-39008" style="width: 100%;height:auto" srcset="https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-9.png 1009w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-9-300x186.png 300w, https://pexx.com/chaindebrief/wp-content/uploads/2024/11/image-9-768x475.png 768w" sizes="(max-width: 1009px) 100vw, 1009px">
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 Transaction of “thatdawg” in the Jake Paul vs. Mike Tyson Bet | Source : Polymarket
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Data reveals that thatdawg purchased shares at 59¢ in multiple large transactions, such as 13,000 shares worth $7,670.00 and 176 shares worth $104.11. Other smaller purchases included 99 shares for $58.40 and 150 shares for $88.50. In total, thatdawg secured a profit of $78,635.45, with a final position value of $109,682.58, marking him as one of the biggest winners in this prediction market. 
With a trading volume exceeding $290,000, thatdawg cemented his status as a savvy and strategic player on Polymarket, taking substantial gains from a carefully calculated bet on the younger and more favored fighter. 
You can also read this&nbsp;: <a href="https://pexx.com/chaindebrief/doge-gains-coinbase-ceos-backing-as-a-path-to-u-s-economic-freedom/">DOGE Gains Coinbase CEO’s Backing as a Path to U.S. Economic Freedom</a> 
[Editor’s Note: This article does not represent financial advice. Please do your own research before investing.] 
Featured Image Credit:&nbsp;Chain Debrief

Polymarket Whale Loses “zxgngl” $3.6 Million on Mike Tyson Bet

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