$123 Million Crypto Bet Gone Wrong: Tim Walz Surprises as Kamala's VP Choice
In the ever-evolving landscape of crypto-backed prediction markets, a recent unprecedented development has captured the attention of both participants and observers The prediction market Polymarket, a platform where users can stake cryptocurrencies on the outcomes of various events, experienced a remarkable turn of events with the selection of a vice-presidential candidate for the upcoming elections Unexpected Twist in Political Prediction Market Participants of Polymarket found themselves in astonishing disbelief when, against all odds, Minnesota Governor Tim Walz was announced as the vice-presidential pick, significantly destabilizing millions of dollars in bets Up until the moments leading to this announcement, Pennsylvania Governor Josh Shapiro was perceived as the overwhelming favorite, with probabilities strongly in his favor Surge in Betting Odds Just days prior to the revelation, Governor Walz was considered a long shot with his chance of selection lingering at the lower end of the betting spectrum...
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