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The Vergetheverge.com

That viral clip you saw of someone winning big on Polymarket was probably fake (opens original article in a new tab)

TL;DR

A Wall Street Journal investigation found that Polymarket paid people to create fake social media clips showing them winning bets, with no real bets placed in the videos.

  • Polymarket paid people to film fake bets and fake wins on social media.
  • Over 1,100 deceptive clips were identified, with no real bets placed in the reviewed videos.
  • Creators reacted to winning bets totaling $900,000, but those bets would have lost $166,000.

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