Polymarket hits 26 of 27 Golden Globe bets, prompting insider-trading questions
Beincrypto reports Polymarket correctly predicted 26 of 27 Golden Globe categories after a last-minute partnership with the awards, raising renewed questions about insider trading.
Polymarket created 28 Golden Globe–specific polls the day the partnership was announced, 27 of them focused on category outcomes, and millions of users placed wagers. Some markets saw trading above $275,000 and total contracts amassed at least $2.5 million in three days, producing a 96% hit rate; the sole incorrect pick was Sean Penn for best supporting actor instead of Stellan Skarsgard.
The tie-up follows other contested market events: Kalshi’s White House briefing contract prompted insider-trading concerns before Kalshi dismissed those claims, one Polymarket trader reportedly made over $400,000 on a bet about Nicolás Maduro, and Axios reported a 2025 investment from 1789 Capital tied to Donald Trump Jr. Polymarket uses on-chain rails and accepts USDT and USDC, and its Oscar polls currently show volumes ranging from $112,000 to $8 million; the Academy Awards have not announced a similar partnership.
Key Topics
Crypto, Polymarket, Golden Globes, Prediction Markets, Insider Trading, Stablecoins