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

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.