FRIDAY, JULY 10, 2026 48° E  /  GLOBAL TECH · SUMMARISED SUBSCRIBE
AI, business, devices, policy — global tech, summarised every 30 minutes.
Dev Tools · 1h ago

Reverse-Engineering a Polymarket Bot That Made $308K on Crypto Up/Down

By Meridian48 News Desk · Summarised from DEV Community ·

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.
Read the full reporting
Reverse-Engineering gabigol: High-Frequency Crypto Up/Down Farmer on Polymarket →
DEV Community
polymarket-botcrypto-trading-strategy
More dev tools briefs
Go deeper on dev tools
AllAIStartupsBusinessDevicesPolicySecurityDev ToolsPakistan