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How to profit from the prediction market after obtaining the Hedge Fund Hex (Hex)? (Burning Technique Version)📢
I've been looking for ways to achieve stable profits in the prediction market recently. While single-sided bets can generate huge returns, many people just want steady happiness. Therefore, cross-platform double-sided hedging is a great approach!
First, why do we need cross-platform arbitrage? If we only place double-sided orders on Polymarket, we might be considered as engaging in invalid volume manipulation, which could lead to being flagged during the airdrop distribution phase. Another platform I choose for trading is @predictdotfun. First, Predict Fun offers points to all traders, and they will distribute tokens openly. Plus, Predict Fun currently has the best liquidity for sports events among major platforms, so I usually hedge between Polymarket and Predict.
Here's an example of trading on Polymarket and Predict:
When I look for arbitrage opportunities in my daily routine, I found a price difference in the La Liga match where both sides are betting on a win. The Osasuna win on Polymarket is priced at 35 cents, while on Predict Fun, the bid for Osasuna not to win is only 63 cents. The operation is obvious: first, place a market order to buy Osasuna win on Polymarket, then place a limit order to buy Osasuna not to win on Predict. You can comfortably earn the 2% spread and Predict points. Even after deducting fees, you still get about 1% profit!
1% may seem small, but remember, this allows you to double-dip on Polymarket and Predict, boosting volume without any risk of being flagged by the witch hunt. ✅