Phenomenal turnaround: trader recoups $10.7 million on Polymarket in a week by betting on football
Over the past seven days, one of the most impressive comebacks in the history of decentralized predictions occurred on the Polymarket platform. A user under the nickname DEEDDIT managed to fully recover a multi-million dollar loss and turn a profit, with net earnings exceeding $10.7 million. Notably, all successful trades were placed exclusively on football matches.
Analyzing the trader's profile, a key trade stands out that brought in $6.1 million in net profit. A total of 17 predictions were recorded, but the decisive factor was a large bet on the outcome of the match between the national teams of France and Spain. With a total trading volume on this market of about $4.9 million, the player collected a payout of nearly $11 million. The return on this position was an impressive 124.83%.
How the turnaround looked
On the overall chart for the entire existence of the account, it can be seen that the user was down by approximately $10.8 million. However, after a difficult period that occurred on the night of July 12, 2026, the chart line shoots vertically upward. This rapid recovery was driven by a series of accurate sports bets.
In addition to the profitable position on France advancing, the list of completed contracts includes other extremely successful predictions. For example, the "No" option on France winning on July 14, 2026, brought the wallet owner about $10.2 million with a turnover of $6.4 million. The net profit here was $3.8 million, or 59.45%.
The "Yes" option on a draw in regular time of the Switzerland vs. Colombia match yielded a payout of $5.7 million on investments of $1.9 million. Thus, net income reached $3.8 million with a record return of 196.02%. Predictions on the USA vs. Belgium and Switzerland vs. Colombia pairs advancing to the next round, as well as the Asian handicap Spread: Spain (-1.5), also performed excellently.
Analyst's comment: Such cases clearly demonstrate that Polymarket is not just a betting platform, but a full-fledged market for professional traders. The ability to calmly endure drawdowns and find undervalued odds in sporting events is what distinguishes successful players from the crowd. This case also highlights the growing liquidity and depth of markets on sports outcomes, making them attractive for large capital.