Polymarket betting market was quickly removed from Google News after a brief appearance, with analysis showing most traders struggle to maintain profitability.
According to reports, the Polymarket betting market briefly appeared in Google News results alongside well-known news publishers, but quickly disappeared thereafter. A search by Cointelegraph on Sunday found no results for Polymarket using the same query. Additionally, both Polymarket and Kalshi are actively seeking media partnerships. Research shows that only a small fraction of Polymarket traders are able to turn a profit. Data indicates that only 0.033% of wallets have total profits exceeding $100,000, with some of these wallets likely belonging to professional traders rather than ordinary users. Despite the market's enthusiasm for prediction markets as a rapidly growing cryptocurrency application, data shows that most participants face challenges in maintaining stable profits.
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