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Millionaire Predictor Bets Big on Unlikely Picks
1 Dec
Summary
- A top Polymarket user wagered over $400 million.
- He claims his success comes from well-researched views.
- He won $100,000 betting on a cardinal becoming pope.
A prominent user on the online prediction market Polymarket, identified online as 'Domer,' has placed wagers exceeding $400 million. Domer, who transitioned from professional poker, asserts that his success stems from deeply researched insights, likening his approach to investing. He reported earning close to $3 million in the past year from his predictions.
His wagers span diverse events, from elections to sporting outcomes and even potential celebrity marriages. Domer detailed a successful $100,000 bet on Cardinal Robert Prevost becoming pope, achieved through extensive research into the cardinals' views and connections within the conclave.
Domer also correctly predicted President Trump's choice of JD Vance as a running mate months in advance, a bet with only a 2% chance at the time. He emphasized the advantage of placing early bets to secure better odds, driven by his analysis of Trump's past selection criteria and marketing approach.
