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Reading: Dealer Loses $1 Million on Polymarket After Spain’s World Cup Shocker
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Stock Market

Dealer Loses $1 Million on Polymarket After Spain’s World Cup Shocker

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Last updated: June 16, 2026 6:35 am
Editor
Published: June 16, 2026
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Dealer Loses  Million on Polymarket After Spain’s World Cup Shocker


A dealer wager that the Spanish nationwide workforce would beat the debuting Cape Verde workforce within the 2026 FIFA World Cup and misplaced 1,000,000 {dollars} on Polymarket. The Spanish workforce, the reigning European champions and with a 30-match unbeaten run, failed to beat the African debutant at Mercedes-Benz Stadium in Atlanta, ending the match in an surprising 0-0 draw.

🚨Full time: 0-0

Cape Verde secures their first ever World Cup level https://t.co/RNpZK7D7gK

— Polymarket Sports activities (@PolymarketSport) June 15, 2026

The colossal failure underscores the volatility and excessive danger in blockchain-based betting markets. Though the chances on Polymarket gave Cape Verde lower than a 1% probability of success, the excellent efficiency of veteran goalkeeper Josimar Évora, who made eight key saves in opposition to stars like Lamine Yamal and Ferran Torres, pulverized a potential payout of $1,085,943.48.

This historic consequence stands as one of many greatest upsets in World Cup historical past and leaves a harsh lesson within the crypto-betting sector. The subsequent step for crypto-bettors might be to re-evaluate danger administration methods in high-liquidity sporting occasions.


Supply: https://x.com/PolymarketSport/standing/2066581758795997576


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Reading: Dealer Loses $1 Million on Polymarket After Spain’s World Cup Shocker
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