User RomanticPaul placed an aggressive polymate bet on Taylor Swift’s engagement within 24 hours of the announcement being made public. He moved the $385,000 market to about 12% more himself.
Crypto Sleuths has realized that Taylor Swift guitarist Paul Sidotty for the past 18 years can fit this gambler’s bill. Of course, it may all be coincidence, but this story raises interesting questions.
Taylor Swift from Polymarket
Global celebrities and pop star Taylor Swift announced his engagement to NFL player Travis Kelce today. Her fans are over the moon.
Her romantic life was so popular among fans that it sparked a series of bets on Polymet, some of which have grown quite large. Since its announcement, several new Taylor Swift bets have been published on Polymarket.
Although there isn’t necessarily a huge amount of overlap between Crypto fans and “Swift,” her public presence is huge on anyone’s scale. Naturally, there was a considerable market for gambling in her engagement before the announcement was made.
However, one user has noticed that he has oddly noticed this offering of Polimate on Taylor Swift’s love life.
This personal bet on Taylor Swift’s engagement has driven a massive multi-tiered category significantly. At the time of the closure, the market was riding over $385,000, with the “Romantic Paul” moving around odds by about 12%.
Whoever this person was, they must have been very confident.
A new kind of insider trading?
Shortly afterwards, another user noticed some interesting information. Paul Sidoti has been a guitarist for Taylor Swift for the past 18 years, and he has been a plausible candidate for the Polymet Gambler. His name qualifies him as a “romantic pole,” and long-term companions like him may know the development of this bomb a day before the general public.
If these rumors are true, it may constitute a strange form of Web3 insider trading. Even if the current legal environment is more friendly to crypto, it is not clear whether this is illegal. Technically, Americans are not supposed to use Polymarket, but that is a trivial violation. What’s more, “crimes are now legal” and code enforcement has been significantly lowered.
But to be clear, this can all be a coincidence. There were many people in the world named Paul, and polymake gamblers could have used it as a fake name.
Beincrypto hasn’t criticized guitarist Paul Sidty for anything. Still, it is interesting to see its effects as a thought experiment.
If RomanticPaul had insider information, at least he would not rip anyone directly. Meme coins have been shot and snipers are not punished regularly today.
Is there a real reason why Taylor Swift’s loved ones shouldn’t make fast money even with Polymet?
Post Taylor Swift Engagement: Was there any odds for her guitarist’s game Polymertet? It first appeared in Beincrypto.
