A Polymarket trader alleged on Sunday that there might be an “insider” in the Super Bowl halftime show betting market, consistently choosing the clear winners and losers.
Jeong Haeju posted on X about a “suspicious wallet” created a day ago and has been exclusively betting on Super Bowl LX halftime show at Levi’s Stadium in California.
The bettor, known only by the alias “Anon,” won all but one wager they placed on Polymarket, including those predicting whether Lady Gaga and Ricky Martin would perform in the halftime show.
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The trader was also the largest holder in the Lady Gaga market with 24,000 “Yes” shares, winning $4,940, or 25%, on the bet.
Haeju mentioned there was something “controversial” about the Lady Gaga market — her odds were over 90% despite no official word that she’d be performing.
Update: he was an insider and won all of his bets lolhttps://t.co/C6b0sWNbAl https://t.co/QFCixcKTx5 pic.twitter.com/Pj9ATTVgfH
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“A suspicious wallet picking clear winners and losers. One to watch and potentially copy,” Heaju said.
An X user, Courtland Sandover-Sly, countered allegations of insider trading, stating that it’s “impossible” to keep these things as secret.
“Lighting, sound, wardrobe, choreography, transportation, security, accommodation, etc, are all planned out days in advance. That’s a team of possibly thousands,” they said.
Polymarket didn’t immediately return Benzinga’s request for comment.
As a former stagehand, this isn’t exactly “insider” information. It’s nearly impossible to keep stuff like this secret.
Lighting, sound, wardrobe, choreography, transportation, security, accommodation, etc, are all planned out days in advance. That’s a team of possibly thousands
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The development follows similar moves by a Polymarket trader who turned a $33,000 bet on Venezuela-related developments into over $400,000. The account was created just before the U.S. launched a military operation to capture Nicolas Maduro and walked away with massive profits.