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

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.