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Prediction Markets Traded Nearly $460M on Mexico-England as World Cup Odds Swung From Red Card to Certainty

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Abstract
Prediction-market traders moved nearly $460 million combined across Kalshi and Polymarket on England’s 3-2 round-of-16 win over Mexico. Seen as one of the best matches of the World Cup so far, the two-goal swings, the red card, and the dueling penalties whipsawed England’s win probability before it settled at 100%. The handle on this single […]
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