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File: 4 KB, 259x194, polymarket.png [View same] [iqdb] [saucenao] [google]
23823808 No.23823808 [Reply] [Original]

Hey anons, may I direct your attention to this thread >>23818193

Polymarket just scammed countless users who were betting on trump.
a qrd for the situation with polymarket: Polymarkets trump win market had the conditions that if the media agreed on the winner, the bet would settle. The media agreed on the winner 2 days ago and yet the market remained opened leading may to believe they could and should place bets on their platform for trump as the odds were ridiculously good. Well it turns out that Polymarket started the process of closing the market (calling it) 48 hours ago without alerting anyone. This means any bets placed for trump in the last 48 hours were guaranteed losers.

>> No.23823844

>betting on trump after the settlement conditions for trump losing were already met
it was a bold play, anon, i'll give you that

>> No.23823851

>>23823808
you can read through the screenshots in the last thread to see how their customer service is handling the situation. They freely admit to what happened but are washing their hands of the issue it seems we already have anons contacting the SEC, and the polymarket investors, if anyone has any other ideas please let us know, if you lost anything in this attempt at fraud, please come post.

>> No.23823869

>>23823808
its a good thing i didn't make a bet with them then lol. I was wondering why they wanted me to buy a coin before I could bet instead of just loading money on - whatever.

PredictIt will always be the way to go

>> No.23823894

>>23823844
Well what are people supposed to think? We have reports coming out that the news is not to be trusted, also reports to trust the news, trump claimed victory, and so did biden, theres a lot of uncertainty, so seeing a market like this still open, especially for what polymarket touts they are (an info provider to make decisions) made many think that they were truly waiting for a winner to be decided at the EC.

>> No.23823964

>>23823808
thats shady as fuck. what country are they in? if any of the major bookies in the uk did that they would face many legal battles and forever tarnish their reputation.

>> No.23824051

>>23823964
They are US based. I live in NV and im pretty sure my local courts dont fuck around with people messing with gambling bets, gambling is how my state makes its money, cant give that a bad name.

>> No.23825082

Been over an hours since they have responded, I dont think im going to get anything else out of them about the situation. Any legal anons have any advice on how to proceed, the situation is a bit ridiculous.

>> No.23825187

>>23823894
You literally can't be this retarded anon

> Reads closing conditions
> Oh fuck yeah it hasn't closed yet even though the conditions have been met, better drop my 5k bet for dumpf

Why polytrade exit scam :^)

>> No.23825331

>>23825187
You miss the point, dont be a fucking dumbass, go through the scenario and try to understand what people are talking about before you open your mouth and spew garbage like this.

>> No.23825408

>>23825187
Say you were betting on sports somewhere where they are not showing the game that is being played. All that is being shown about the game is the news reports, suddenly the news starts reporting that someone won, even though it seems like that game is still going. The betting table is still open and taking bets. Then it suddenly closes and you are later told that they kept the table open long after the game was over, allowing people to make bets on something that has already been decided. This is the problem.

>> No.23825773
File: 63 KB, 519x537, pepe-tech-support.jpg [View same] [iqdb] [saucenao] [google]
23825773

FUCK bros I hope we get some sort of compensation from these gay polyamorous fucks

>> No.23826384

>>23825773
put in a complaint with the SEC,I will be filing mine after I go restock on some TP. I am pretty over today, very happy at my gains but also very sad about the fraud that caused me to lose something like 3/5 of those gains. I am still trying with Polymarket, but it seems like they wont even talk anymore, well see...

>> No.23827116

>>23825773
Yes call SEC they are fucked if a lot of people complain they lost money because of their scammy market

>> No.23827542

>>23823808
Can a legal fag chip in please?

bump

>> No.23827659

Hey polymarket was a really neat idea, I enjoyed putting $825 into Trump winning in the long. Fucking assholes uh oh spaghetti-o’s we just let the market run while everything is decided.
I put in an SEC complaint and messaged the ceo of poly.capital on linkedin(my only sm), they just invested a few million into polymarket. I hope they fucking burn. Any other anons seeing their portfolios with money in them? Mine is showing 2x what I loaded into the options, $1650. Is that a glitch?

>> No.23827985

Polymarket ceo
twitter.com/shayne_coplan/

>> No.23828001

WAHHHHH DECENTRALIZATION BAD GIVE ME MUNNE

>> No.23828004

I lost money on my bet too. Maybe trump will lose but still too early. SEC complaint only option?

>> No.23828083

Can we sue CNN for calling it too early in case Trump ends up winning?

>> No.23828149

>>23828004
Put in a complaint with the sec, trash their brand, consumer advocacy complaints too, walk away when you have what they scammed from you recovered.

>> No.23828268

>>23827985
HOLY SHIT THATS THE CEO?

Fuck...if I saw that before, I would've known they'd steal my money

>> No.23828387

>>23827659
Not a glitch, the market was still going as of a few hours ago, checking now I can see the price is at 0, but for a while it was going up meaning it was being traded still. Someone either fucked up big time, or the other sides of those trades were employees who were taking advantage of their fucked system.

>> No.23828577

Has anyone noticed whats going on with the polymarket website now?

>> No.23828676

>>23828577
Elaborate

>> No.23828687

>>23827985
(())

>> No.23828965
File: 102 KB, 1920x1040, port - Copy.png [View same] [iqdb] [saucenao] [google]
23828965

>>23828676
Not that I have tried to purchase or sell anything on it since this all happened, so I dont know if that part is working, I cant see any of the price charts on their markets, also, even though the trump shares are now showing 0, there is supposedly around 2k in my account in positions, just cant see what they are or do anything with the amount listed on my account

>> No.23829538

If you want to fuck poly market in the ass you need to send them a “notice of dispute” where you outline your intent to arbitrate. In California they have to pay all the attorney fees, $20k per case, all you pay is the initiation. If you’re out anything, send them and email, follow up 48hrs later with a notice to dispute, send a paper letter. Maybe you won’t get your money back but you will take something from them. Owen Benjamin cost patreon a lot of money. This is how you get back.

>> No.23829554

Pre-Arbitration Dispute Resolution
Polymarket is always interested in resolving disputes amicably and efficiently, and most customer concerns can be resolved quickly and to the customer’s satisfaction by emailing customer support at: hello@poly.market. If such efforts prove unsuccessful, a party who intends to seek arbitration must first send to the other, by certified mail, a written Notice of Dispute (“Notice”). The Notice to Polymarket should be sent to hello@poly.market (“Notice Address”). The Notice must (i) describe the nature and basis of the claim or dispute and (ii) set forth the specific relief sought. If Polymarket and you do not resolve the claim within 60 calendar days after the Notice is received, you or Polymarket may commence an arbitration proceeding.
During the arbitration, the amount of any settlement offer made by Polymarket or you shall not be disclosed to the arbitrator until after the arbitrator determines the amount, if any, to which you or Polymarket is entitled.

>> No.23829576

>>23823894
>We
Anon oh no..

>> No.23829898

>>23828965
Can you post some better screenshots of them saying they called it 48hrs ago?

>> No.23829927

>>23829898
Sure thing, give me a few minutes. Also, here we go again, Price is rising on the yes market again. Awesome scammers doing it some more.

>> No.23829952
File: 247 KB, 638x359, pepe2.png [View same] [iqdb] [saucenao] [google]
23829952

>>23823808
> the conditions that if the media agreed on the winner, the bet would settle. The media agreed on the winner 2 days ago

and you bet on the losing side? hahahahahaahahahaaaa holy shit what a retard

>> No.23829977
File: 51 KB, 1152x747, 48r - Copy.png [View same] [iqdb] [saucenao] [google]
23829977

>>23829898
Here you go, hopefully this is better.

>> No.23830007

>>23829898
I also have all of the screenshots in another thread, one that has the full conversation with the rep minus the end part where I was talking to myself for several hours. They are here: >>23818193

>> No.23830144
File: 1.53 MB, 894x909, 2x0yt1c.png [View same] [iqdb] [saucenao] [google]
23830144

>>23823869
>PredictIt will always be the way to go
Unfortunately, Predictit only works inside the United States.

>> No.23830168

>>23830144
can you swing trade on that platform?

>> No.23830176
File: 86 KB, 644x644, byedon.jpg [View same] [iqdb] [saucenao] [google]
23830176

trumpies cant help but not only lose the game but double down and somehow lose again LOL

>> No.23830180

>>23830144
Don’t worry I’m going to make my own predictIt. I’ll let you in.

>> No.23830199

>>23830007
Anon I wrote a letter of dispute. Are you planning to arbitrate if they don’t give you the money back?

>> No.23830367

>>23830199
wasnt aware of their arbitration, I did send them an email earlier, it actually makes me even more angry that they have a system for it, I talked to the CS rep today, staying in chat for several hours and he never once mentioned this. I already submitted my SEC complaint and from what I can tell several other people have as well. Since they have arbitration set up, I will take a look at it and see what it involves and maybe give it a shot. My complaint has nothing to do with how it was called and everything to do with how the company put forth their market, you cant sell an investment product that goes immediately to 0 at the same time you are advertising 100 to 1 payout possibility for the purchase.

>> No.23830490

>>23830367
You right, anon. You should at least send them a new email as a “Notice of Dispute” where you outline what happened and what you want from them. They have no mailing address but it says you need to send a letter notifying the dispute. They’re amateur tier. They have 60 days to make an agreement with you or you’ll be allowed to file an arbitration for $200 and request your money plus the fee. It’s not about the money, it’s about sending a message. Download the TOS in case you need it.

>> No.23830766

I mean nigger, why you bet on centralized prediction market in a first place while Augur and Omen alive. Augur presidential market resolve in mid January for example.

>> No.23831078

>>23830490
Ill write something up and send it to them tomorrow, Iong day today, word to wise anons, go get your fucking tp if you dont have any. I just stocked my house for a while, had to go to 4 stores before I found a single roll, At home depot, think outside the box if you cant find any. At my local costco, one of the workers said that they hadnt seen any name brand TP in over a week and its not on any upcoming manifestos, only some gas station tier sandpaper was available.

>> No.23831100

Hello-update. I am already getting looped into emails with the ceo of polymarket and their team. “Notice of Dispute” russles jimmies. They know arbitration is expensive.

ANY ANON THAT GOT ROBBED NEEDS TO SEND AN EMAIL TO HELLO@poly.market AND NOTIFY THEM OF THE DISPUTE. THEY HAVE 60 DAYS TO RESOLVE BEFORE SPENDING A FORTUNE ON LEGAL FEES. EXPLAIN WHAT IS IN MY THREADS AND THEY WILL HAVE TO RESPOND.

>> No.23831151

>>23831100
Dope thank you for the update anon. This is definitely good news, this has given me the strength to draft that letter up tonight!

>> No.23831573

>>23831100
Thank you anon

>> No.23831604

>In the event of ambiguity in terms of the market outcome, the market will be resolved at the sole discretion of the Markets Integrity Committee (MIC)
>no mention of that MIC ever meaning it is just the website itself
why would you ever use a crypto prediction market through a centralized team? how retarded and greedy are you?

>> No.23831685

>>23831604
Because a robot can’t think critically and humans are supposed to understand extenuating circumstances you dumb idiot. Only these little shit sites are resolving ahead of time. It just shows how disconnected the Silicon Valley dweebs are from normal reality. They legit might have autism for them to just say yup bets good election fair and winner clear cuz the media says so. Fucking retard