Polymarket trader 'fishalive' turns $427K into $4.7M on Spain-Cabo Verde World Cup draw
A Polymarket trader using the handle 'fishalive' turned roughly $427,000 into approximately $4.7 million by betting that Spain would fail to beat Cabo Verde in a 2026 World Cup group-stage match that ended in a 0-0 draw on June 16, representing an 11-fold return. The same outcome caused another trader to lose nearly $1 million on a large Spain position, while a separate user labeled 'BreakTheBank' won $1 million betting on Congo to tie Portugal on June 17. Other large World Cup positions on Polymarket include a $522,000 wager against Senegal beating France and more than $500,000 against the United States defeating Paraguay.
Polymarket's repeated million-dollar World Cup payouts are pulling retail attention and large individual positions away from traditional sportsbooks toward crypto-native event contracts. If Kalshi and Robinhood's Rothera test capture even a slice of this flow, Polymarket's first-mover advantage in headline volume becomes a liability rather than a moat.
Joins the running pattern of seven-figure World Cup swings across Polymarket and Kalshi's rival million-dollar payouts, as both platforms now regularly host block-size positions that dwarf typical sportsbook limits.