Polymarket Trader Loses Millions on Tyson After Making Bank on Trump
A Polymarket bettor who previously gained $11.4 million by betting on Donald Trump faced a $3.4 million loss when Mike Tyson fought Jake Paul, with anticipation favoring Paul at 62% against Tyson's 29% odds. Tyson's match was marked with criticism, as opinions on his capability and the fight's entertainment value were low. In unrelated news, Polymarket participants express skepticism about GOP member Matt Gaetz being confirmed as Attorney General, assigning just a 34% probability to his nomination's success. Gaetz's controversial reputation and ongoing investigations weigh heavily on his candidacy, despite some legislative efforts he has supported. Additionally, predictions about American happiness reveal a bleak outlook, with only a 30% chance that 2024 will be perceived as better than 2023—contrasting earlier optimism stemming from economic improvements. Despite economic growth, overall happiness levels, particularly among younger individuals, appear stagnant or declining, suggesting a broader dissatisfaction is at play.
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