Nico Bentley

From $12 to $100,000. How to create a Polymarket account that everyone will be talking about. Simple math. The account everyone on X was talking about today: @ascetic0x?via=10gwei" target="_blank" rel="nofollow noopener">polymarket.com/@ascetic0x?via… The strategy for creating a similar account and blowing up X. To predictably build such an account, we shouldn't chase profits, because our goal is a beautiful story. So we need to hedge our trades across multiple accounts: - Half the accounts bet on Bitcoin going up - Half bet on Bitcoin going down - All bets are placed for equal amounts With each trade, the number of accounts is cut in half. And the balance of the remaining accounts doubles, until only one account is left. The question: What's the minimum number of accounts needed for this hedging strategy so that after 16 trades, only 1 account remains? The answer: 65,536 accounts. 2^1 = 2 2^2 = 4 2^3 = 8 2^4 = 16 2^5 = 32 2^6 = 64 2^7 = 128 2^8 = 256 2^9 = 512 2^10 = 1,024 2^11 = 2,048 2^12 = 4,096 2^13 = 8,192 2^14 = 16,384 2^15 = 32,768 2^16 = 65,536 How much money do you need to start with 65,536 accounts? Given that the minimum initial deposit per account is $12, we'd need $12 × 65,536 = $786,432. And on paper, the strategy looks entirely realistic for any whale, except for one major problem. How do you manage a farm of 65,536 accounts? Considering you need to place bets almost simultaneously across all accounts in both directions. Even if you automate it through software, there's a high probability of error - some accounts might fail to place bets due to network issues, software bugs, internet problems, etc. - which would throw off all your calculations and render the strategy invalid. Theoretically, it's possible to pull off, but in practice, it would likely take a year and countless failed attempts. P.S. I decided to write this post in response to the recent wave of accusations directed at this @Polymarket trader. In my opinion, they're absurd. P.P.S. @ascetic0x - you're incredibly lucky!!! Congratulations on such an amazing result.

I DID IT!!! Turned $12 into $100,000 (over 8,300x) by going all-in and doubling my bankroll 16 times in a row on short-term BTC moves - while sharing my bets and the reasoning behind them along the way. This is only possible on @Polymarket !!! It took a lot of work and real skin in the game, so if you’re reading this, a simple RT or comment would really mean a lot. Huge shoutout to @shayne_coplanand @Polymarket team for building the best prediction market platform out there. And special thanks to @zscdao and @PolymarketTrade for the support🤝 Track my progress here: @ascetic0x?via=share" target="_blank" rel="nofollow noopener">polymarket.com/@ascetic0x?via…

Today Tennessee and @agiowa filed a SCOTUS brief challenging birthright citizenship on behalf of 24 states. "Each child born in this country is precious no matter their parents' immigration status, but not every child is entitled to American citizenship." - Attorney General Jonathan Skrmetti 🔗 Read more: tn.gov/attorneygenera…