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Low-Probability Account Bets $70K on Knicks to Beat Hawks in NBA Playoff Game 5 on Polymarket

GateNews
Prediction Market

Gate News message, April 29 — On Polymarket’s prediction market for NBA Eastern Conference First Round Game 5 between the Knicks and Hawks, an account with a 35% win rate (0xe5b70fd855af9258d9463992e4f1ed7987905ee3) purchased approximately $70,000 in contracts betting on a Knicks victory. The account opened positions at an average price of 69 cents, with current prices at 69.5 cents, generating approximately $490 in unrealized gains.

The series is currently tied 2-2, with Game 5 scheduled for 8:00 AM Beijing time today (April 29). The Knicks’ starting lineup is Anunoby, Hart, Towns, Bridges, and Brunson; the Hawks’ starters are Daniels, Johnson, Okongwu, Walker, and McCollum.

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Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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