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Home»Adoption»Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting
Adoption

Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting

December 31, 2024No Comments2 Mins Read
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As we approach the end of the year, Polymarket has unveiled its prediction markets for 2025, giving traders the opportunity to wager on events that will unfold over the next 12 months.

After the buzz of the 2024 Elections, sports betting has emerged as the most popular category for 2025 predictions. The 2025 NFL Draft is currently leading with $465,998 in bets, with traders closely monitoring quarterback prospects and scouting developments.

While sports betting dominates the platform, other prediction markets for 2025 show a decrease in volume. The contract on Bitcoin’s price outlook, for instance, has drawn just $28,640 in bets. The odds of Bitcoin hitting $120,000 are at 70%, while the odds of it dropping to $70,000 stand at 55%. With Bitcoin currently hovering around $94,000, the likelihood of it reaching $100,000 within the next year is at 94%.

Traders are also placing their bets on various geopolitical events. The probability of Vladimir Putin stepping down from the presidency by 2025 is at 13%, while the odds of a Russia-Ukraine ceasefire are at 71%. In the Middle East, the chances of a Netanyahu exit are at 27%, and the likelihood of Iran’s Supreme Leader relinquishing power is at 44%.

One particularly concerning prediction is the possibility of a nuclear weapon detonation by 2025, which has a 22% chance. This reflects growing fears around escalating tensions globally.

Corporate events are also a focus, with a market determining which company will have the largest market capitalization in 2025. NVIDIA has a 26% chance, while Apple stands at 36%.

In the stablecoin markets, there are contracts on Tether’s potential depegging (16%) and insolvency (11%).

See also  XRP Ledger update introduced after node outage shakes network stability

Despite the dominance of sports betting, Polymarket’s highest-volume markets also include sports events. The Champions League market, with $699,410,841 in wagers, predicts a British win, favoring teams like Arsenal and Liverpool. The NBA Champion contract, with $410,909,837 in bets, sees the Celtics as the frontrunners.

Overall, Polymarket’s diverse range of prediction markets for 2025 reflects a keen interest in how geopolitical events, financial trends, and corporate developments will unfold in the coming year. Whether it’s sports outcomes, cryptocurrency prices, or global security concerns, traders are eager to wager on what the future holds.

betting Billion markets Polymarkets Prediction sports wagered
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