11 days ago2 points(+0/-0/+2Score on mirror)1 child
Polymarket is a bookmaker. You’re betting that your team will win. The bookmaker places those odds at 100:1, so for every penny you bet you will receive 1$ if your team wins. If those odds change, the next guy that placed a bet will have a different payout.
I'm buying 1,000 shares for 1 penny/ ea. to trade in for $1k? Right?
Help me out here guys. Please and Thanks!
If your team loses, you lose your bet.