Almost 89% of users of the popular forecasting platform #Polymarket on the Polygon blockchain lose money. Of course, the ratio of winners to losers can vary depending on the purpose of the bet, but it's still about the same.

For example, according to Dune Analytics, 14.3% of Polymarket users made a profit after the results of the U.S. presidential election were announced. About 85.7% of players suffered losses.

Betting on US presidential candidates showed that the highest number of bets on Polymarket were made from wallets holding less than $100. However, large players with $50,000 or more in digital assets led the way in terms of contributions.

Analysts estimated that between 1 and 5 bets were made from more than 100,000 wallets, while users made 20-50 bets from 95,000 wallets.

The US presidential election made Polymarket the leading crypto prediction platform in terms of trading volume. During the election, the platform processed more than 371 million trades, but the next day that figure plummeted to just 37 million.

To restore the high trading volume, Polymarket is already accepting bets on expectations related to Donald Trump's presidency: his policy decisions, actions, cabinet allocations, and more.

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