Logan Paul sparks controversy with a $1 million bet on Polymarket

2026-02-10 03:24:26

Abstract generation in progress

A $1 million bet on Polymarket made by Logan Paul during the Super Bowl was actually just a promotional stunt, not a real transaction. On-chain analysts discovered that Paul’s account has no balance, meaning this bet could not have been executed.

ZachXBT stated that market data also does not record any position matching the bet shown in the video, and criticized this as a misleading tactic, recalling Paul’s previous CryptoZoo scandal.

The incident has raised questions about an undisclosed promotional relationship between Logan Paul and Polymarket. Ironically, the game ended with a 29–13 victory for Seattle, so if the bet was real, he would have lost.

In this context, prediction market platforms like Polymarket and Kalshi are facing legal pressure and criticism for their advertising practices, which may lead users to view betting as an easy way to make money.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.