#noticiascripto 🚨🔥A new study has revealed that bettors similar to bots exploited nearly $40 million in profits through arbitrage trading on the Polymarket trading platform. Political-related bets were the most exploited compared to sports betting, especially the 2024 U.S. elections. The study revealed how a small number of highly active participants could generate risk-free returns at the expense of other bettors.

Oriol Saguillo, Vahid Ghafouri, Lucianna Kiffer, and Guillermo Suárez from the IMDEA Networks Institute published the research study on August 5 in the open-access repository arXiv. They scanned 86 million bets made across multiple markets between April 2024 and April 2025. Their study, although not peer-reviewed, sheds light on the scale of arbitrage trading in decentralized betting ecosystems.

The IMDEA Networks Institute's research shows that the top three bettors on Polymarket netted nearly $4.2 million.

According to the study, the top three wallets that participated in trading made over 10,200 bets throughout the year. The wallets netted approximately $4.2 million in profits. The study suggested that many participants relied on automated programs to obtain such profits by exploiting mispriced bets.