Most people lose money on Polymarket

 Most people lose money on Polymarket

Niv Bavarsky

If you’ve wagered your mortgage that MrBeast will be the next president of the United States, perhaps reconsider. According to a Bloomberg analysis, nearly every Polymarket trader either loses money or makes little to no profit: More than 100k accounts lost $1,000 since the start of 2025—twice the number of accounts that made at least $1,000. In aggregate, traders lost $131 million. The tiny number of accounts that make lots of money appear to be mostly bots, Bloomberg noted. A separate study found that since 2022, 69% of traders lost money, while three-quarters of total profits were won by only the top 1% of users.