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There are 33 days left before the World Cup kicks off, and the trading volume of the World Cup champion market on Polymarket has already approached $1 billion.
Just in case you don't know what level $1 billion is, compare:
1️⃣ The most popular event in Polymarket's history is the 2024 U.S. presidential election, with a trading volume of about $3.7 billion.
2️⃣ The total trading volume of the Polymarket platform in April was about $7.8 billion, with over 2,000 events in the entire market.
3️⃣ The legal U.S. betting amount for the 2022 Qatar World Cup was approximately $1.8 billion.
Gambling frenzy?