Polymarket Trading Analysis Reveals Concentration of Gains Among Few Accounts

A revised working paper has analyzed $13.76 billion in Polymarket trading, revealing that 3.14% of accounts captured over 30% of the gains. According to NS3.AI, the study found that 67% of accounts, categorized as unlucky or unskilled losers, absorbed the platform's aggregate losses. Additionally, the paper noted that suspected insider-like accounts were too isolated to account for Polymarket's overall accuracy.