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Polymarket Brazil odds face scrutiny after Lula won despite being priced at about 20 percent, Cryptopolitan reports
- Polymarket Brazil odds face scrutiny after Lula won despite being priced at about 20 percent, Cryptopolitan reports — Cryptopolitan reports Polymarket priced Luiz Inacio Lula da Silva at about a 20 percent chance of winning the Brazilian election against about 80 percent for Flavio Bolsonaro, but Lula won the second-round vote on Sunday. Trader FhantomBets, quoted in the report, said veteran traders put Lula closer to 30 to 40 percent and blamed retail traders for holding the price down even after the result was effectively certain. (Cryptopolitan)
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