A Polimamarket trader known as “fishlive” turned around $428,000 into over $4.7 million in just 90 minutes after betting against Spain after their FIFA World Cup win against Cabo Verde.
The ad was placed ahead of Spain’s June 15 World Cup match, where prediction markets gave the European side a 90% chance of winning.
Instead of supporting their favorite, the trader bought shares in the “No” result, betting that Spain would fail to win.
After the game’s dramatic end, the site paid off in full, making more than $4 million in profit from one market.
According to data shared with Arkham Intelligence‘fishlive’ bought millions of shares in Spain’s unwinnable results. The stock traded at around $0.09 per share prior to the move, indicating little opportunity has been given to the outcome.
Unexpected traction caused the deal to settle at $1 per share, bringing in more than $4.7 million within hours.
The sale is among the largest profits ever recorded Polimamarket in the 2026 FIFA World Cup.
The data also shows that the trader benefited from a different handicap market tied to the same match.
Cabo Verde handicap forecast
The seller backed Cabo Verde to a +2.5-goal handicap, a wager that paid off handsomely after the draw. Combined with the major role, the pair’s bets generated nearly $9 million in gross profit.
In particular, Spain entered the game as one of the favorites of the tournament, with the prediction markets and bookies expecting to win.
However, Cabo Verde kept Spain scoreless for 90 minutes, creating one of the most difficult World Cup matches to date.
The results resulted in huge losses for traders who contributed to Spain while paying off a small group of unaffiliated bettors.
