Millions Wagered on NYC Snowfall Totals via Prediction Markets

Betting on Winter Storms

• 💰 Millions of dollars were wagered on the snowfall totals of a major winter storm.
• 📈 Online prediction markets, specifically Poly Market and Khi, accepted these bets.

NYC Snowfall Wagers

• 🌃 Over $6 million was wagered specifically on New York City's snowfall.
• 🎯 The most popular bet was for New York City to receive 10 to 12 inches of snow.
• ✅ This prediction proved correct, with 11.44 inches falling in Central Park.

Market Activity and Payouts

• ❄️ While snow totals are still being calculated nationwide, bettors are preparing to cash out.
• 💡 Some participants are finding success on prediction markets, with one individual noting people are making "a ton of money" on Poly Market.
• 🎙️ The discussion touches on the novelty of betting on weather events like snowfall.