A French gambler named Théo became an internet sensation after winning a massive amount of money by betting on Donald Trump’s victory in the US presidential election. Théo placed his bets using four anonymous accounts on the crypto betting platform Polymarket, focusing on Trump winning both the Electoral College and the popular vote.
His total winnings amounted to around $78.7 million, pushing him to the top of Polymarket’s all-time leaderboard. Polymarket saw a whopping $3.7 billion in bets placed on the election, showcasing the growing interest in prediction markets. Prediction markets are considered to be more accurate than mainstream predictions due to their ability to quickly react to shifts in public sentiment.