Dev Tools · 1h ago
Reverse-Engineering a Polymarket Bot That Made $308K on Crypto Up/Down
A Polymarket trader known as gabigol has earned ~$308K from ~$20.6M in volume across 100K crypto Up/Down markets. The bot uses a buy-only strategy combining late-stage convergence buys at 94–99¢ and cheap lottery tickets at 3–30¢. With a 60% win rate but 2.4× profit factor, the approach relies on statistical noise farming rather than high-conviction predictions.
Meridian48 take
The strategy is a clever exploit of market inefficiencies, but Polymarket may eventually tighten rules to curb such high-frequency, low-margin bots.
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Reverse-Engineering gabigol: High-Frequency Crypto Up/Down Farmer on Polymarket →
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