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Polymarket

Bet on real-world events through the Polymarket prediction market.

Overview

Polymarket is a decentralized prediction market on Polygon. Through Bankr, you can:

  • Search for markets
  • Check odds
  • Place bets
  • View and redeem positions

Searching Markets

Find markets on topics you care about:

"what are the odds the eagles win this weekend?"
"search for bitcoin markets on polymarket"
"find presidential election markets"
"show me sports betting markets"

Getting Market Details

Get specific market information:

"details about the trump election market"
"show odds for eagles vs cowboys"
"what are the current odds for bitcoin above 100k?"

Placing Bets

By Amount

"bet $5 on eagles to win tonight"
"put $20 on cowboys to win this weekend"
"bet $10 on trump winning the election"

By Shares

"buy 100 shares of YES in the bitcoin market"
"buy 50 NO shares for the fed rate decision"

Understanding Outcomes

Markets have outcomes you can bet on:

"bet $5 on YES for bitcoin above 100k"
"bet $10 on NO for trump winning"
"buy eagles to win" # Bankr maps team to correct outcome

Managing Positions

View Positions

"show my Polymarket positions"
"what bets do I have?"

Redeem Winnings

After a market resolves:

"redeem my winning polymarket positions"
"claim my polymarket winnings"

Example Flow

  1. Search for a market

    "what are the odds the eagles win this weekend?"
  2. Review the odds

    Eagles: 65% ($0.65)
    Cowboys: 35% ($0.35)
  3. Place your bet

    "bet $10 on eagles to win"
  4. After the game resolves

    "redeem my polymarket positions"

Pricing

Shares are priced $0.00 - $1.00:

  • $0.65 = 65% implied probability
  • If you buy at $0.65 and win, you get $1.00 per share
  • Profit: $0.35 per share (54% return)

Market Types

Sports

"odds for eagles vs cowboys"
"super bowl winner odds"
"NBA finals market"

Politics

"presidential election odds"
"who will win the primary?"

Crypto

"bitcoin above 100k by end of year"
"eth flipping btc odds"

Current Events

"fed rate decision odds"
"will X happen by Y date"

Tips

Time-Sensitive Markets

Include timing for sports:

"eagles game tonight"    # vs
"eagles game this weekend"

Multiple Markets

Some events have multiple related markets. Bankr will ask for clarification:

"show me all markets for the super bowl"

Requirements

  • USDC on Polygon
  • Gas on Polygon (or gas sponsorship)

Limitations

  • Polymarket is only available on Polygon
  • Some markets may have low liquidity
  • Markets must be active (not resolved)