Polymarket Bettor Loses $2.5M After Norway Win

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Polymarket Bettor Loses $2.5M After Norway Win

The pure volatility of knockout football was on full display in a viral X post by Polymarket Sports.

A prominent cryptocurrency whale wagered a staggering $2,487,974 on a single prediction contract: backing Norway NOT to win their highly anticipated Round of 32 clash against the Ivory Coast.

Had the Ivory Coast pulled off the victory or forced a draw at the end of regulation play, the trader stood to cash a massive payout of $4,499,048.82.

Unfortunately for the bettor, Erling Haaland and his teammates had entirely different plans.

In a thrilling, end-to-end tactical match, Norway’s high-octane offensive unit put under relentless pressure on the African champions’ backline.

While the Ivory Coast managed to scratch across a goal of their own through Amad Diallo, Norway’s clinical finisher Haaland ultimately proved too much to overcome.

The match concluded with a definitive 2-1 victory for Norway, instantly rendering the massive multi-million dollar prediction contract completely worthless.

🚨BREAKING: Someone just put $2.5M on Norway NOT to win their match vs Ivory Coast

This pays out $4,499,048.82 on Polymarket pic.twitter.com/dPffJM5Ems

— Polymarket Sports (@PolymarketSport) June 30, 2026

Biggest Polymarket Bets For 2026 World Cup

The $2.5 million loss on Norway is just the tip of the iceberg for a tournament that has already generated well over $3.3 billion in total trading volume on Polymarket.

Public data from the platform has revealed an unprecedented wave of massive seven-figure wagers being wiped out overnight.

Earlier in the competition, a single high-rolling trader operating under the pseudonym “FlickRaw” suffered a brutal $4.2 million loss in less than 24 hours.

The trader dropped $2.7 million on the Netherlands to defeat Japan—only for an 88th-minute equalizer to ruin the position—before immediately losing another $1.5 million backing Belgium against Egypt.

Shockingly, that wasn’t even the single largest position taken on the Belgian match, as another user named “leeeroyjenkins” famously exposed a mind-boggling $8.6 million to a Belgian victory.

With heavyweight nations like France and Argentina drawing massive liquidity daily, these eye-popping financial swings have cemented the 2026 tournament as an absolute high-stakes battleground.

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