Bloomberg Markets••1 min read
Trader Loses $1 Million on Cabo Verde’s Stunning World Cup Tie

A single trader on Polymarket lost approximately $1 million on Monday following Cabo Verde's unexpected 3-3 draw against Spain in the World Cup. The outcome was considered one of the most surprising results in recent World Cup history. The match featured a notable performance by Cabo Verde's 40-year-old goalkeeper, who reportedly left the pitch in tears after the game. This significant financial loss highlights the volatility and unpredictability inherent in sports betting markets, particularly for high-stakes wagers tied to major international sporting events.
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