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Prediction-Market Account Spends $192,000 on Vitality Win Contracts

Prediction-Market Account Spends $192,000 on Vitality Win Contracts

Photo: TokenPost

An account spent about $192,000 on prediction-market shares tied to Vitality beating 9z in a Counter-Strike 2 match, with Vitality ahead at the PGL Masters on Oct. 24. The position covered 230,000 shares purchased at an average of 83.4 cents each. At that price, the share count implies a cost of $191,820, or about $192,000. The shares represented a prediction on Vitality winning the match, rather than stock in the esports organization. At 11:09 a.m. ET (15:09 UTC), Vitality led 9z 1-0 in the best-of-three matchup. The match was part of the PGL Masters Swiss round in Bucharest, Romania.

Source: TokenPost

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