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We Found the Money Cheat Code (Polymarket Exposed) · Triple Da Money

• 0:00
  SPEAKER_01: Gentlemen and lady, I have found the cheat code.
• 0:03
  SPEAKER_02: Last time you said that, you bought a$40 ab simulator and it shocked you for a month.
• 0:08
  SPEAKER_01: My abs are in there, they're just shy.
• 0:11
  SPEAKER_01: Listen, this app is legal now that we're 18.
• 0:14
  SPEAKER_01: You can't bet on sports until you're 21 in most states, but this is it the poly market?
• 0:21
  SPEAKER_01: How do you know?
• 0:22
  SPEAKER_01: This is investing in the future.
• 0:24
  SPEAKER_01: I'm basically Warren Buffett.
• 0:26
  SPEAKER_02: You're basically Warren Buffering.
• 0:29
  SPEAKER_00: It's not investing, but we're not gonna tell you that.
• 0:32
  SPEAKER_00: We're gonna make you figure it out by yourself.
• 0:35
  SPEAKER_00: Four scenarios, no names, and you tell me if it's gambling or if it's investing.
• 0:42
  SPEAKER_00: And the loser does the dishes for a week.
• 0:46
  SPEAKER_01: I don't lose.
• 0:47
  SPEAKER_01: You lost the fight to a revolving door.
• 0:50
  SPEAKER_00: Scenario A.
• 0:52
  SPEAKER_00: You put$20 on an event and it happened on Saturday at 7 p.m.
• 0:58
  SPEAKER_00: If one side wins, you get$40.
• 1:01
  SPEAKER_00: If another side wins, you get zero.
• 1:04
  SPEAKER_00: By 10 p.m., it's over.
• 1:06
  SPEAKER_02: Investing.
• 1:07
  SPEAKER_01: I did research.
• 1:08
  SPEAKER_01: What research?
• 1:10
  SPEAKER_01: I watch highlights for four hours.
• 1:12
  SPEAKER_01: That's gambling.
• 1:13
  SPEAKER_00: Hold that.
• 1:14
  SPEAKER_00: Scenario B.
• 1:16
  SPEAKER_00: Friday night, five guys around a table.
• 1:19
  SPEAKER_00: Every guy puts in$20, and one guy walks away with all of it.
• 1:24
  SPEAKER_00: Everyone else goes home with zero and lies to their mom about where the money went.
• 1:30
  SPEAKER_02: That's just poker.
• 1:32
  SPEAKER_00: I said no names.
• 1:34
  SPEAKER_01: That's gambling.
• 1:35
  SPEAKER_01: That's every Friday night in Jake's garage.
• 1:40
  SPEAKER_00: Scenario C.
• 1:41
  SPEAKER_00: You put$20 on whether something is gonna happen by Wednesday.
• 1:46
  SPEAKER_00: You buy yes shares for 50 cents each.
• 1:49
  SPEAKER_00: If it happens, then every share pays a dollar.
• 1:53
  SPEAKER_00: And if it doesn't, every share pays zero.
• 1:56
  SPEAKER_01: It has shares.
• 1:57
  SPEAKER_01: Shares are stocks, and stocks are investing.
• 2:00
  SPEAKER_01: Write that down.
• 2:01
  SPEAKER_01: I'm a genius.
• 2:03
  SPEAKER_02: You thought net worth was how much your fishing net cost.
• 2:06
  SPEAKER_01: And it was a lot.
• 2:09
  SPEAKER_00: Scenario D.
• 2:10
  SPEAKER_00: You put$20 into a small slice of the 500 biggest companies in America.
• 2:17
  SPEAKER_00: No end date.
• 2:18
  SPEAKER_00: Some years it goes down, and others it goes up.
• 2:22
  SPEAKER_02: That's boring.
• 2:23
  SPEAKER_02: That's so boring.
• 2:24
  SPEAKER_02: That's dad's in cargo shorts boring.
• 2:26
  SPEAKER_02: That's investing.
• 2:28
  SPEAKER_00: Okay.
• 2:29
  SPEAKER_00: Reveals.
• 2:30
  SPEAKER_00: Scenario A was sports betting.
• 2:32
  SPEAKER_00: B was poker.
• 2:34
  SPEAKER_00: C was the polymarket.
• 2:36
  SPEAKER_00: And D, the boring one, was the SP 500 fund.
• 2:41
  SPEAKER_01: Wait, so A, B, and C are the same thing?
• 2:44
  SPEAKER_01: In different outfits.
• 2:46
  SPEAKER_01: Polymarket is just sports betting wearing a suit.
• 2:49
  SPEAKER_00: Look at what A, B, and C all have in common.
• 2:53
  SPEAKER_00: A set date, and you either win or you lose.
• 2:57
  SPEAKER_00: Nothing in between.
• 2:58
  SPEAKER_00: Only D lets your money grow without having something to lose.
• 3:02
  SPEAKER_02: So who does the dishes?
• 3:04
  SPEAKER_00: Brandon said the polymarket was investing.
• 3:08
  SPEAKER_00: And you said that sports betting was investing.
• 3:13
  SPEAKER_00: You both do dishes.
• 3:15
  SPEAKER_01: Fine.
• 3:15
  SPEAKER_01: I'm investing in clean plates.
• 3:19
  SPEAKER_01: That's not investing.
• 3:20
  SPEAKER_01: I know that now.
• 3:23
  SPEAKER_00: Polymarket is a prediction market.
• 3:25
  SPEAKER_00: You bet on real-world stuff.
• 3:28
  SPEAKER_00: Elections, sports, whether crypto goes up this week, or even if some celebrity is gonna get married.
• 3:35
  SPEAKER_01: Can I bet if Austin gets a girlfriend this year?
• 3:38
  SPEAKER_01: Don't.
• 3:38
  SPEAKER_01: The market's at three cents.
• 3:41
  SPEAKER_01: That's disrespectful and probably accurate.
• 3:44
  SPEAKER_00: That's actually how it works.
• 3:46
  SPEAKER_00: The price is the odds.
• 3:48
  SPEAKER_00: If yes shares are 70 cents, then about 70% of the crowd thinks it's gonna happen.
• 3:55
  SPEAKER_00: And the crowd is pretty good at guessing.
• 3:58
  SPEAKER_00: In the 2024 election, it called the winner, even though a lot of polls were saying it was a coin flip.
• 4:05
  SPEAKER_02: So I just bet with the crowd.
• 4:07
  SPEAKER_02: Easy money.
• 4:08
  SPEAKER_00: When you're paying 90 cents to win 10 cents, and then the 10% thing happens.
• 4:15
  SPEAKER_02: I lose 90.
• 4:16
  SPEAKER_00: Yep, you lose 90.
• 4:19
  SPEAKER_02: That's like losing to a level one bot.
• 4:21
  SPEAKER_00: Funny that you say bots.
• 4:23
  SPEAKER_00: Here's the part that nobody tells you: you're not betting against the poly market, you're betting against other people.
• 4:31
  SPEAKER_00: Every dollar that a winner makes comes out of a dollar that someone else lost.
• 4:36
  SPEAKER_00: And a lot of people on the other side are pros with computer programs that just trade all day.
• 4:43
  SPEAKER_00: Most regular traders lose money.
• 4:46
  SPEAKER_01: So I'm a teenager with$20 in a dream.
• 4:49
  SPEAKER_00: Going up against a guy with six monitors and a bot named the Destroyer.
• 4:55
  SPEAKER_01: That's every Fortnite lobby I've ever been in.
• 4:58
  SPEAKER_00: There's an old saying at the poker table: if you can't spot the sucker, it's you.
• 5:03
  SPEAKER_01: Okay, but if it's gambling, then why would they make the age limit 18 and not 21?
• 5:09
  SPEAKER_00: Because it's set up as a financial trading platform, not a casino.
• 5:14
  SPEAKER_00: So there's different rules, different ages, even though it's all the same game.
• 5:19
  SPEAKER_01: So 18 isn't a green light, it's a loophole.
• 5:22
  SPEAKER_01: Like when mom said there's no phones at dinner, so I brought my iPad.
• 5:27
  SPEAKER_00: Two tests on if you're ever confused on whether something is gambling or investing, run these.
• 5:33
  SPEAKER_00: Can it go all the way to zero by a set date?
• 5:36
  SPEAKER_00: You either win everything or you lose everything.
• 5:40
  SPEAKER_00: Nothing in between.
• 5:42
  SPEAKER_00: That's gambling.
• 5:43
  SPEAKER_02: But stocks can go to zero too.
• 5:46
  SPEAKER_00: Yeah, but it almost never happens overnight.
• 5:49
  SPEAKER_00: Even Enron, one of the biggest scams in company history, had a couple of months worth of warning signs.
• 5:56
  SPEAKER_00: To lose everything in a real investment, you usually have to ride it all the way down.
• 6:02
  SPEAKER_01: Like Austin riding down the hill without any brakes.
• 6:06
  SPEAKER_01: He saw it coming, but he didn't get off.
• 6:08
  SPEAKER_01: The bike was fine.
• 6:09
  SPEAKER_01: The mailbox was not.
• 6:11
  SPEAKER_00: The stock market averages about 10% every year.
• 6:15
  SPEAKER_00: So if something promises to double your money by Saturday, that's gambling.
• 6:21
  SPEAKER_00: If a guy on a TikTok says it while leaning on a Lamborghini, extra gambling.
• 6:26
  SPEAKER_01: How do you know it's rented?
• 6:27
  SPEAKER_00: It's always rented.
• 6:29
  SPEAKER_01: Okay, new plan.
• 6:30
  SPEAKER_01: I won't bet on the poly market.
• 6:32
  SPEAKER_01: I'll just watch the poly market to see if crypto is moving up, and then I'll just put all my money in crypto.
• 6:38
  SPEAKER_01: So you're gambling on a gamble?
• 6:40
  SPEAKER_01: It's called a strategy.
• 6:42
  SPEAKER_00: This is not financial advice.
• 6:45
  SPEAKER_01: It's barely even advice.
• 6:47
  SPEAKER_02: Wait, what about junk bonds?
• 6:49
  SPEAKER_02: They pay way more, and those companies can go bankrupt.
• 6:52
  SPEAKER_02: Is that gambling?
• 6:53
  SPEAKER_00: Just don't.
• 6:54
  SPEAKER_01: You're gonna break the episode.
• 6:56
  SPEAKER_00: Junk bonds are technically investing, but go watch our previous video on bonds.
• 7:04
  SPEAKER_00: The polymarket isn't evil.
• 7:06
  SPEAKER_00: It's entertainment.
• 7:08
  SPEAKER_00: Like a movie theater ticket.
• 7:10
  SPEAKER_00: If you play, only use money that you'd be fine never seeing again.
• 7:16
  SPEAKER_02: It's not a plan if you want money that actually grows.
• 7:18
  SPEAKER_02: Boring wins, invest in an index fund.
• 7:21
  SPEAKER_02: And once you got a job, a Roth IRA.
• 7:23
  SPEAKER_00: Boring makes you rich, but exciting makes you a story at the Thanksgiving dinner table.
• 7:29
  SPEAKER_00: And if it can go to zero by Saturday, it's gambling, we are troubled of money, we are teenagers, and this is not financial advice.
• 7:37
  SPEAKER_01: It's just smart.