Bonus at the Capitol. A Frenchman, who wishes to remain anonymous, bet big on different hypotheses around Donald Trump's victory on the Polymarket site. An American platform which offers to bet money on issues of all kinds, sometimes burlesque, political, societal and even cultural and which has already been suspended by regulators in the United States. The American platform is in fact inaccessible to punters in the United States due to its non-compliance with certain local regulations.
The French trader, who called himself Théo during these bets, bet $28.6 million and won more than $80 million, reports the Wall Street Journal. Deducting the amount bet, and depending on the progress of the different scenarios on which he bet around the election of Donald Trump, he should make a profit of around 50 million dollars…
Bets based on convictions
This wise Frenchman entrusts Wall Street Journal having bet out of conviction, that the polls once again underestimated the Trump vote. The trader opted for risky betting strategies and used four different accounts.
A crazy gain which, on the other hand, alerted France. This is investigating Polymarket's compliance with French gambling legislation, explains to our colleagues at the newspaper Le Figaro the Online Gaming Regulatory Authority (ANJ). Also citing the specialized media The Big Whale, it is said that the Polymarket platform should soon be banned in France.
France
