A brand new wallet just bet $696,000 on a football match
The order landed 41 minutes before Atlético de Madrid and Málaga CF's kickoff, which is after the point where La Liga publishes its team sheets
At 14:10 ET, a Polymarket address that had never traded anything received $249,212.55. Over the next 90 seconds, it took in $249,467.14, then $199,282.33, then a fourth transfer of $3.89. Total $697,965.91. The profile attached to it was made this month, has no history and no views, and is called urbinskoper.
Nine minutes later, it spent $695,860.30 of that on a single contract: 1,021,738 shares of Atlético Madrid to beat Málaga, at an average of 67 cents.
Five minutes after that, it put the remaining $2,098.66 on FURIA to beat Aurora Gaming at the Counter-Strike 2 Esports World Cup. The account now holds only $6.95 in cash.
That football order was bigger than the market it landed in. The Atlético leg had traded roughly $674,000 since it opened, and he doubled it in a single fill, paying $11,295.32 in entry fees to be finished inside a minute rather than working the order across the hour he had and keeping most of that money.
He skipped the safe version of his own opinion too. Málaga to lose was sitting on the same screen at 87.5 cents, and it pays if Atlético win or draw. He passed it over for the win alone at 67, which is three times the return and none of the protection in case the teams draw.
Interestingly, he bought at 14:19 ET, and La Liga publishes team sheets about an hour before kickoff, so the sheet had been public for roughly 20 minutes by the time he moved.
Was it worth reading? Yes, it was indeed. Málaga came to the Metropolitano without five players: Aarón Ochoa suspended and Carlos Dotor, Fernando Calero, Diego Murillo and Adrián Niño injured, and named a debutant at left back. Atlético gave first starts to Alejandro Grimaldo and Lee Kang-in, finished fourth last season, and have won the last five meetings between the clubs. So, his position is quite logical.
At the end of the day, there are only two scenarios. In one, 1,021,738 shares settle at a dollar each, and he profits $325,878 on a position he held for just two hours. In the other eye-watering scenario, an account that was funded, filled, and emptied within 14 minutes is worth a couple thousand in 2 hours.
This page does not constitute investing advice. Prediction markets and/or gambling may result in loss of funds. You are advised to conduct your own due diligence before taking any action.
