A completely unsaturated market on Polymarket is the "Bitcoin up or down" 15 min.
Every 15 min you get a price to beat, in this screenshot: $101,747. So you can bet up if you think the price will be higher, or bet down if you think it will be lower.
At the start of the bet, on the 15 min left mark, it should be a breakeven bet (50/50). However, the odds are 51/51, which equals 1.96 in odds on both sides. So far, so good.
But after following quite a few of these 15 minute bets over time, I noticed that the odds is completely skewed. Take a look at the screenshot again:
To beat: $101,747
Current price: $101,501
Odds: 12c (8.26 decimal). (The screenshot says 8c, but with $100 size it gives 12c).
If we use 12c, it means that there is a 88% probability this won't happen. Again, at the 15 min mark this should be 50/50. But with 5 min left, and the fact that the current price is 0,2% lower than "price to beat" maybe the correct odds should be 65/35, or even 70/30. But here you are getting paid 88/12, which is massively EV, and is a bet you should take any day of the week.
Several ways to go about this:
-You could try to hedge on both sides. For example if you captured the 8.26 odds, you could try to capture 1.30 (77c) on the other side if it swings back for a 12,3% sure win. Use a sure win calc for the math:
checkbestodds.com/surebets/câŚ
-You could do the naked bet (only playing the 8.26 odds) and hope that you win. Capturing these kind of bets will make you a winner long term at least. Use Kelly criterion or if you are max degen a 1/10 Martingale (oops, you may end up broke).
They have this kind of market for BTC, ETH, SOL and XRP. 99% sure this kind of market will be saturated soon, so if you are a fresh Polymarket player, go here to farm volume. Only possible with small bet sizes: $50-$200.