📉 Polymarket: Event Betting Fails to Live Up to Expectations

- Only 12.7% of crypto wallets on Polymarket made a profit, according to Layerhub.

- Out of 171,113 wallets, 149,383 failed to make a profit.

- Only 2,138 users made more than $1,000.

- Most wallets (58,000) made just 1-5 bets.

- Despite this, interest in crypto betting remains high, with open interest at $161.1 million.