How punters on Polymarket have bet big on Gerry Hutch to lose
Betting on the results of an election is not unusual but Polymarket is not a typical bookies. It allows punters to take and then change their position on all manner of events, from when the Strait of Hormuz might open to whether Taylor Swift will be pregnant before she gets married.
So when Irish Times investigative reporters Conor Gallagher and Rachel Lavin noticed almost €1 million had been wagered on the upcoming Dublin Central byelection on Polymarket, it raised enough red flags for him to delve deeper.
Bets on Gerry Hutch accounted for the bulk of the spend by punters. And while the…
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