Buying weather contracts at 3-21c and selling them for $1. Just one month later earned this guy $37,437
The strategy is simple, but it requires a keen sense of the weather
He is looking for markets where the price for an obvious outcome is still undervalued
3.2c, 5.6c, 14.1c, 22.5c - moves into areas where the market is still uncertain
And when the temperature confirms his forecast, the contract will be settled at $1
Guangzhou, Manila, Chicago, Atlanta, Shanghai, London, Seoul, Beijing, Shenzhen - and so on in a loop
The account is just over a month old, and the result is $37K in net profit
He lost only $9.99 and made $88,946 on Polymarket
Check:
polymarket.com/@automatedait…
This isn't a person, it's a bot - and it says so right there in the bio
"Meteorologist/IT engineer. Automated bot testing"
He developed an algorithm that trades on weather forecasts for cities around the world
Hong Kong, London, New York, Seoul, Shanghai -dozens of markets at once
The bot compares real-time weather data with prices on Polymarket
When the market misprices an obvious outcome, it goes too far
3,433 predictions. Trading volume: $3.48 million
And that $9.99 in startup capital turned into $88K in net profit