Polymarket: Revolutionizing Event Predictions
Research highlights Polymarket's outstanding accuracy in forecasting global events:
- 90% accurate one month ahead.
- 94% accurate just 4 hours prior to events.
A Dune dashboard by data scientist Alex McCullough analyzed historical data, excluding extreme probabilities, to reveal Polymarket’s predictive power.
However, biases like herd mentality and low liquidity can skew probabilities. Yet, sports markets—where outcomes are more balanced—show continuous improvement, with $4.5 billion wagered on major sports finals!
Polymarket is proving to be a game-changer in data-driven predictions.
