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this trader made $1M on polymarket doing the most boring thing possible Anjun buys YES at 99.9¢ on markets that will obviously resolve YES makes 0.1¢ per share but buys 200,000 shares at once $202,000 position → $200 profit sounds terrible right? except he does this 10 times per...

1,142,536 views • 9 months ago •via X (Twitter)

46 Comments

Dr. Parik Patel, BA, CFA, ACCA Esq.'s profile picture
Dr. Parik Patel, BA, CFA, ACCA Esq.9 months ago

This is retarded he could make more in government bonds

Francesco's profile picture
Francesco9 months ago

I think the deal is too risky.

Phosphen's profile picture
Phosphen9 months ago

Why u think so?

Rituraj's profile picture
Rituraj9 months ago

This isn't a hack; it is the textbook definition of "picking up pennies in front of a steamroller." You are risking 100% of your capital to make a 0.1% return. The math works until a single "99.9%" event hits a Black Swan or a resolution technicality. One loss wipes out 1,000 wins instantly. He isn't farming free money; he is selling catastrophic insurance for pennies and praying the claim never comes.

Phosphen's profile picture
Phosphen9 months ago

You're right Something unforeseen can always happen 99.9c -> 0c You can never rule out that the market could be wrong

Leonardo Pozzobon's profile picture
Leonardo Pozzobon9 months ago

@RituWithAI Is this account AI bot? Sure looks like it by how strongly it defended its original position

Phosphen's profile picture
Phosphen9 months ago

@RituWithAI I'm not a bot Now that's definitely false information xD

⚡️Gobi Desert Canoe Pro⚡️'s profile picture
⚡️Gobi Desert Canoe Pro⚡️9 months ago

Nothing is ever certain. And all it takes is one black swan to wipe out 6 months of trading.

Riece Keck's profile picture
Riece Keck9 months ago

This is quite literally called picking up pennies in front of a steamroller and it’s generally not considered a good idea for a reason

Phosphen's profile picture
Phosphen9 months ago

That's how it goes Every trader's worst nightmare

ClassicEddy's profile picture
ClassicEddy9 months ago

How safe it is to bet 200k to win 200$? 0.1% profit per “trade”. 60k per month is great, but if 1 or 2 trades go wrong last sec(trump effect for example), the degen is out

Gabagool 22 Trading Bot's profile picture
Gabagool 22 Trading Bot9 months ago

Until you lose 1 trade. These strategies are crap.

barney's profile picture
barney9 months ago

bro… LMFAO

Phosphen's profile picture
Phosphen9 months ago

Experienced traders have bad months too Nothing unusual about that, especially if you look at his alltime pnl He can easily close that minus in one day

barney's profile picture
barney9 months ago

You just said his strategy is strictly 99.9% outcomes, clearing $2000 a day risk-free, but then he's down $8000 for the month lmfao. I'm not trying to debate you, I think the screenshot speaks for itself.

Rova.eth🍌's profile picture
Rova.eth🍌9 months ago

He actually puts an order on already resolved markets, people sell their shares at 99.9cents because they’re impatient and don’t want to wait for the payout

Dangerous Game's profile picture
Dangerous Game9 months ago

Beautiful strategy! I do something similar at my construction site. There are pennies everywhere! Nobody else picks them up just because they’re in front of a steamroller. Those morons. I’ve made 13 dollars so far this year.

kepo's profile picture
kepo9 months ago

safe strategy, stable profit literally endless money with good deposit, if result fully guaranteed

Phosphen's profile picture
Phosphen9 months ago

That's actually smart

Mikael's profile picture
Mikael9 months ago

Just wait till he learns about US Treasuries

Dale Cloudman's profile picture
Dale Cloudman9 months ago

... and then on the thousandth trade he loses $200k

Jonathan Wilson's profile picture
Jonathan Wilson9 months ago

“guaranteed”

Kai's profile picture
Kai9 months ago

that one Bellicheck not making to first ballot HOF would kill everything.

JCREW's profile picture
JCREW9 months ago

This could go horribly wrong

PolySpy's profile picture
PolySpy9 months ago

He chose safety and stability

Phosphen's profile picture
Phosphen9 months ago

He chose wealth He chose to win

Restorationist ⚙️'s profile picture
Restorationist ⚙️9 months ago

Betting your entire portfolio every time to win 200 bucks is "risk free" apparently. Up until the day the 1% chance wins

Theo Goodman's profile picture
Theo Goodman9 months ago

This will get rekt These types of bets are called "Bridge Jumpers" for a reason.

Phosphen's profile picture
Phosphen9 months ago

Yeah there's risk, but he can afford it Don't think anyone can make bets like that mindlessly

Theo Goodman's profile picture
Theo Goodman9 months ago

The next time you write "risk free" do it while walking over a bridge.

mazino.patron's profile picture
mazino.patron9 months ago

can this trader give back my $50 that he won from me on this bet?

Colin Robertson's profile picture
Colin Robertson9 months ago

One bad day…

Sid's profile picture
Sid9 months ago

$2000 per day and $100-$300 per day Both in same post .... STOP Engagement Farming . Straight Unfollow

Nitesh (prediction arc)'s profile picture
Nitesh (prediction arc)9 months ago

added to my watchlist thanks for sharing bro

Phosphen's profile picture
Phosphen9 months ago

No problem mate

Xiple's profile picture
Xiple9 months ago

Nice way to trick people into being your exit liquidity. Getting trapped on polymarket bc there is not liquidity to sell at 99¢ sucks.

T J's profile picture
T J9 months ago

Lmao I did that back in the day with soccer. Bought 1.01 odds over and over across different leagues… until like the 20th game there was an upset. GG

Deliamayami's profile picture
Deliamayami9 months ago

he chose a safe strategy

Phosphen's profile picture
Phosphen9 months ago

A fairly profitable strategy

Henry's profile picture
Henry9 months ago

The definition of picking up pennies infront of a steam roller

Theo Goodman's profile picture
Theo Goodman9 months ago

BTW these are not "edges" an edge is when you bet something that has value. This means the odds are better than the actual probability. If you want to shill polymarket, do a better job and do not blindly lead the masses to bridge jumping.

BuBBliK's profile picture
BuBBliK9 months ago

congrats with 1M

Phosphen's profile picture
Phosphen9 months ago

Thank u mate!

Brian Glenn's profile picture
Brian Glenn9 months ago

This is like picking up a nickel in front of a bulldozer. Eventually, something crazy happens and you lose 99.9 cents and that wipes away the profit of a hundred or a thousand other trades

ROFL.'s profile picture
ROFL.9 months ago

This is basically Martingale but with a different name, which we all know does not guarantee success.

Uncommon Man's profile picture
Uncommon Man9 months ago

All it takes is one loss and you’re fucked

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