Polymarket profit exceeds $1.8 million; an account purchase of $400k on the NBA Magic point spread bet to win against the Celtics

Gate News, April 12, on-chain data monitoring shows that in the Polymarket “NBA regular season Magic vs. Celtics” prediction event, an account (address: 0xc2e7800b5af46e6093872b177b7a5e7f0563be51) with profits exceeding $1.8 million purchased more than $370k in Magic -10.5 spread to beat the Celtics, with an average opening position price of 57.9¢; it also purchased $30k in Magic -12.5 spread to beat the Celtics, with an average opening position price of 52¢.

The NBA regular season Magic vs. Celtics game kicked off today at 6:00 Beijing time and is currently in halftime, with the score at 61:52 and the Magic temporarily leading. Today is the last day of the NBA regular season. The Magic’s record is 45 wins and 36 losses, ranking 7th in the Eastern Conference; the Celtics’ record is 55 wins and 26 losses, ranking 2nd in the Eastern Conference.

Note: The spread line refers to whether the predicted underdog, after adding the spread, can beat the favorite. For example, if the Magic -10.5 spread beat the Celtics means that the Magic’s actual score plus 10.5 points is higher than the Celtics’ score.

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