Polymarket whale “zxgngl,”, the one who once bagged $11M keeping all bets on Trump. Now he faces defeat as he just lost $3.6M betting on the most anticipated Mike Tyson versus Jake Paul. Paul absolutely dominated throughout and Tyson also looked very tired to begin with, this zxgngl’s gamble backfired bigtime. But even with this L, they’re still top 4 on Polymarket, where the fight saw a wild $63M in bets.
Zxgngl, a high stakes bettor and a prominent figure on Polymarket, which is a popular prediction platform, has just dumped out loads of money after losing the bet on Tyson vs Paul boxing match on November 15.
He has a record of winning bets, the most recent one was when he bet on U.S. presidential election 2024, where he bet on Trump’s victory and bagged a profit of whopping $11 million. Sadly, this victory was immediately followed by a massive loss on the recent boxing match. Zxgngl heavily favored Mike Tyson, even weeks before the match he was praising Tyson continuously. However the odds for the match showed that Jake Paul had a 63.5% chance of winning and Tyson had just 29.5% chance, the remaining 8.5% was the possibility for a draw. Despite all the odds against him, zxgngl decided to support for Mike and the results were awful for him.
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By the end, Jake Paul was awarded a unanimous decision victory, and Tyson’s hopes of securing a win were dashed. This news shocked the world and more to zxgngl as he lost $3.6 million on it. This is near to one third of the previously won bet on elections. However, despite these losses, zxgngl still remains a prominent figure on Polymarket’s leaderboard.
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