Odaily Planet Daily reports that, according to Lookonchain monitoring, rapper Preme placed a bet on Polymarket that Cardi B and Drake would not perform at the Super Bowl LX halftime show, with a total wager of approximately $185,000. Due to Preme’s close relationship with Drake, there was speculation that he had insider information. However, on-chain data shows that Preme’s associated wallet 9hDJHg has transferred funds multiple times to Stake.com, indicating he is also an experienced gambler. During the halftime show, Cardi B took the stage to dance, and Polymarket categorized the dance as a “performance,” causing Preme to lose his bet and incur a loss of about $178,000. Afterwards, he posted on X that “dancing should not count as a performance,” then deleted the post.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Sports-betting contracts are derivatives! The U.S. CFTC blocks local law enforcement and seeks regulatory authority over prediction markets
The U.S. federal government is working with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi’s prediction markets from local governments to the federal government, arguing that sports event contracts are financial derivatives. If the court backs this position, it will change the legal status of prediction markets and create uniform nationwide oversight, reducing the impact of state-level wagering laws.
CryptoCity33m ago
Macro investors: A BTC breakout above $76,000 and an ETH breakout above $2,400 may signal a trend reversal
Macro investor Jordi Visser believes that if Bitcoin and Ethereum break through $76,000 and $2,400 respectively, it will kick off a sustainable uptrend. He expects high inflation to push investors to seek profitable assets, and notes that the probability of an economic recession has fallen to 24%. This view contrasts with the current bearish expectations in the crypto industry.
GateNews3h ago
Recognized sports event contracts are derivatives! The U.S. CFTC blocks local law enforcement and fights for regulatory authority over prediction markets
The U.S. federal government is working jointly with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi prediction markets from local governments to the federal level, arguing that sports event contracts are financial derivatives. If the court backs this position, it will change the legal status of prediction markets and unify nationwide oversight, reducing the influence of state-level gambling laws.
CryptoCity3h ago
Court ruling: sports betting contract is a derivative! The U.S. CFTC blocks local law enforcement, seeking regulatory authority over prediction markets
The U.S. federal government is working jointly with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi prediction markets from local governments to the federal level, arguing that sports event contracts are financial derivatives. If the court backs this position, it would change the legal status of prediction markets and standardize regulation nationwide, reducing the impact of local wagering laws.
CryptoCity6h ago
Sports-betting event contracts are derivatives! The U.S. CFTC blocks local law enforcement and seeks regulatory authority over prediction markets
The U.S. federal government is working with the CFTC and the Department of Justice to try to transfer regulatory authority over Kalshi prediction markets from local governments to the federal level, arguing that sports event contracts are financial derivatives. If the court supports this position, it will change the legal status of prediction markets and standardize regulation nationwide, reducing the impact of state-level gaming laws.
CryptoCity9h ago
A court rules that sports betting contract agreements are derivatives! The US CFTC blocks local law enforcement and fights for regulatory control of prediction markets.
The U.S. federal government is working jointly with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi prediction markets from local governments to the federal government, arguing that sports betting contracts are financial derivatives. If the court supports this position, it will change the legal status of prediction markets and unify regulation nationwide, reducing the impact of local gambling laws.
CryptoCity12h ago