Why people search “polygon betting”. The phrase is commonly used for betting-like activity that settles with Polygon-based crypto. In practice, this often points to prediction markets where outcomes are traded and resolved with on-chain settlement.
Understand what “polygon betting” usually refers to: prediction markets and crypto settlement on Polygon, not traditional bookmakers.
How to think about probabilities. A 0.60 price can be interpreted as roughly 60% implied probability in many prediction market designs. This is a heuristic, not a guarantee.
Markets where traders buy and sell shares for outcomes. Prices often resemble implied probabilities and move as news changes.
Traditional sportsbooks set odds and take the other side or manage risk across bets. This is a different model than share trading.
Many Polygon-based markets use stablecoins like USDC for deposits. Polygon is the network layer that processes transfers.
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Risk basics. On-chain markets carry price risk, smart-contract risk, platform risk, and regulatory risk. Use risk controls and only commit funds you can afford to lose.