On Polymarket, $60m has been wagered on "Will Jesus return before 2027"
replyhttps://polymarket.com/event/will-jesus-christ-return-before...
Yeah, but Jesus is gonna place a big bet on himself just before he returns.
replyI'll definitely put money on that one around December for a quick return. Thanks for the tip
replyWhy wait till December? Aren't there higher returns the earlier you put money?
replyIs it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
replyStock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
replyBarely above a high yield savings account I guess.
replyHistorically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.
replyIs that how it works? I don't gamble sorry. But this one I will gamble on, heavily
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