Polymarket betting markets reportedly appeared in Google News results alongside established news publishers before disappearing.
Google spokesman he said The Verge says the platform’s appearance on News was a mistake. “This site appeared briefly on Google News in error and no longer appears on Google News,” spokesman Ned Adriance reportedly said.
Before the removal, Polymarket links were displayed directly below the main sales points when users searched for event-based queries. In one example quoted on Futurism, a search for “will ships pass through the strait” in connection with the Strait of Hormuz returned Polymarket data predicting ship passage outcomes along with reports from Reuters and The Guardian.
In a Sunday search by Cointelegraph, the same query returned no Polymarket results.
Related: Three Polymarket traders made timely bets on a ceasefire between the US and Iran
Polymarket and Kalshi have media partnerships
Last year, Google partnered with both Polymarket and rival Kalshi to integrate their data with Google Finance.
In June, also X Elon Musk announced started cooperation with Polymarket, calling it its official partner on the forecast market. The purpose of the transaction was to integrate a betting-based forecasting service with a social media platform.
Moreover, in October, MetaMask said it would integrate Polymarket as part of its efforts to expand beyond a cryptocurrency wallet into a broader gateway of “democratized finance.” That same month, World App, a digital wallet and identity platform from Sam Altman’s World project, also added the Polymarket app.
Related: Forecast market users are waiting for the launch of the Artemis II mission
A tiny fraction of Polymarket traders make a profit
As Cointelegraph reports, according to up-to-date data shared by cryptocurrency analyst Andrey Sergeenkov, only a tiny fraction of Polymarket traders manage to generate consistently high monthly income. While about 1% of traders exceeded $5,000 in profit in one month, only 0.015% were able to maintain this level for four consecutive months.
The findings also show that just 0.033% of portfolios had total profits exceeding $100,000, and some of these likely belonged to professional traders rather than retail users. Despite the growing buzz surrounding prediction markets as a rapidly growing exploit case for cryptocurrencies, data suggests that most participants are struggling to maintain consistent profitability over time.
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