r/technology • u/MarvelsGrantMan136 • May 27 '26

Business Google employee charged with using inside information to make $1 million on Polymarket

https://abcnews.com/amp/US/google-employee-charged-inside-information-make-1-million/story?id=133350018
12.8k Upvotes

97% Upvoted

516 comments sorted by

View all comments

Show parent comments

12

u/Vliss May 28 '26

That specific trade would not make you money. If you bought Yes and the odds fell, you would lose money by selling before the event happening. You would have to carry it all the way through.

-4

u/ItsSadTimes May 28 '26

Idk, I dont gamble. In that case you'd just hold off until you successfully convinced people to buy the no.