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Domer’s big bet pays off #shorts
60 Minutes· 2025-12-02 15:09
What did you see that made you think, oh, he might pick JD Pence. >> So, that goes back to 2016 when he picked Mike Pence and buried in one of the articles for why he picked Mike Pence is that Mike Pence had a one- syllable name and Trump has a one- syllable name and Trump is very into marketing. And so, I was looking at the names and I was like, who's one syllable and not only is Vance one syllable, he's only two letters off of Pence.>> So, you bet $4,000 and you ended up winning 250,000. Yes. Yeah.>> It's ...
Domer: “Every day I’m kind of going into battle” #shorts
60 Minutes· 2025-12-02 15:08
Prediction Market & Investment - A bettor named Domer has wagered over $400 million on Poly Market [1] - Domer considers his betting akin to investing, based on well-researched views [1] - Domer made nearly $3 million last year on Poly Market [1] Bettor's Profile & Strategy - Domer is a full-time bettor who used to be a professional poker player [2] - Domer views prediction markets as a daily battle, constantly monitoring news [2] - Domer bets on various events, including the papal conclave [2] Specific Bets & Winnings - Domer bet on an American pope with odds of 250 to 1 [3] - Domer won $100,000 on the Pope and even more picking JD Vance to be Donald Trump's running mate [3]
Polymarket allowed bets on the L.A. wildfires #shorts
60 Minutes· 2025-12-02 15:07
The site still has critics. Some worry certain questions could lead people to commit crimes to win a big enough bet. Poly Market was criticized for some of their markets about the LA wildfires. Earlier this year, there was a Poly Market bet about how many acres would burn in the LA wildfires.Some have labeled it like arson markets. Someone could in order to win that try to burn more acreage. there were a lot of conversations about it and there was a very select few of markets that felt that they were the mo ...
This is the inspiration behind Polymarket #shorts
60 Minutes· 2025-12-02 15:04
Industry Focus: Prediction Markets - Prediction markets aim to distill disparate opinions into probabilities [2] - Prediction markets can offer insights superior to open internet discussions [2] - The inevitability of insider information in predictive markets and the need for ethical guidelines [3] Individual Perspective - Shing Copelan, a New York native, sought answers to complex questions during the COVID-19 pandemic [1] - Copelan dropped out of NYU in his freshman year [1] Market Dynamics - The COVID-19 pandemic caused shutdowns and uncertainty in New York City [1] - Edge in the market is considered a good thing, but requires curation and stringent ethical guidelines [3]
Inside look at Polymarket #shorts
60 Minutes· 2025-12-02 15:04
Poly Market Overview - Poly Market is a platform with 15 categories including politics, culture, sports, and finance, offering prediction markets on various events [1] - The platform hosts approximately 10,000 questions or markets at any given time, many with multiple possible outcomes [2] - Users wager on yes/no questions, with odds determined by collective bets, creating a dynamic information market [2][3] Market Focus and Scope - Poly Market aims to cover important geopolitical, macroeconomic, and cultural events [4] - Markets range from serious topics like elections to more trivial ones like celebrity events [4] - Elections are a major draw, with significant amounts wagered on events like the Irish election [5] Financial Aspects - The Irish election market has $135 million being bet [5] - Over $6 million (3.6%) had been wagered on whether Venezuela's President Maduro would be out of power by the end of the year, with users giving it a 23% chance [6] - Users can potentially profit by buying shares at a certain price and receiving $1 per share if their prediction is correct [7] User Engagement and Incentives - The platform incentivizes users to research and understand geopolitical events to gain an edge in predictions [8] - The compelling nature of the platform can be seen as potentially addictive [7]
What is Polymarket? #shorts
60 Minutes· 2025-12-02 15:03
Prediction Market Overview - Polymarket functions as a platform for betting on current events and future outcomes, such as elections [1] - Betting odds on Polymarket reflect the perceived likelihood of each outcome [1] - Polymarket aims to predict outcomes, differentiating itself from traditional polling which measures voter preference [3] Accuracy and Impact - Polymarket is considered a highly accurate predictor of future events [1] - Polymarket's predictions can diverge from mainstream media narratives, offering alternative perspectives [5] - Polymarket gained prominence by signaling potential shifts in political scenarios, such as Biden's possible withdrawal from the presidential race [5] 2024 Presidential Election - Polymarket users placed bets on the winner of the 2024 presidential election [2] - Early October saw Donald Trump gaining traction in Polymarket's betting odds [2] - Before President Biden's debate, Polymarket posted a question about Biden dropping out of the presidential race, with odds initially hovering between 10% and 30% [4]
People can bet on almost everything on prediction market Polymarket | 60 Minutes
60 Minutes· 2025-12-01 04:04
Shayne Coplan started building Polymarket five years ago when he was 21. On his prediction market, now valued at $9 billion, users can put up money and bet against each other on nearly anything. "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10. Subscribe to the "60 Minutes" Yo ...
Teens surprise with their approach to Lyme disease detection, treatment | 60 Minutes
60 Minutes· 2025-12-01 04:04
To compete at iGEM, a sort of science Olympics, teens at a Georgia high school set their sights on finding a better way to detect and treat Lyme disease. Their approach uses CRISPR gene editing. "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10. Subscribe to the "60 Minutes" Yo ...
Scientists use radio tags to unlock monarch butterfly migration clues | 60 Minutes
60 Minutes· 2025-12-01 04:04
The last minute of 60 Minutes is sponsored by United Healthcare. Coverage you can count on for your whole life ahead. Tonight, an update on last season's story from the mountains of Mexico, where we witness the mysterious migration of monarch butterflies.>> You can actually hear the sound of butterfly wings. >> Yeah. >> Let's just be quiet for a second.Look at that. Look. Look at that.Oh my gosh. It's still something of a mystery how these monarchs find their way thousands of miles from the US to Mexico. Bu ...
Lamine Yamal: The 60 Minutes Interview
60 Minutes· 2025-12-01 04:00
Want to see eyes pop and jaws drop? Ask your soccer loving friends about Laminia Mal, an 18-year-old sensation from Spain. Better yet, watch him play, ideally in person, which you can do next summer when the World Cup comes to North America for the first time in 32 years. The tournament draw will be held Friday in Washington DC. This World Cup likely will double as a valid victory for Global Soccer's GOAT Lionel Messi of Argentina. But it will also be a debut showcase for the extravagant generational talent ...