Two Premier League Bets End at Zero With $2.6 Million in Displayed Losses

The two positions had combined displayed losses of $2,603,253.13 after Manchester City and Chelsea lost their Premier League matches on Oct. 24. Both positions were marked at zero after the clubs lost. The figures cover these two bets, not the accounts’ overall trading results.

The account 3edmond.dantes held 1,672,835.8 Manchester City-win shares at an average entry price of 60.8 cents. After Aston Villa won 2-1, the position was shown at zero, with a displayed loss of $1,017,048.02. Nicolas Jackson scored in the sixth and 60th minutes for Villa, while Erling Haaland scored for City in the 52nd.

The account joseph00677 held 3,034,840.6 shares on a Chelsea win at an average price of 52.3 cents. Its position was also shown at zero, with a displayed loss of $1,586,205.11, after Tottenham won 2-0 at Stamford Bridge. Chelsea goalkeeper Mike Penders was credited with an own goal in the 77th minute, and Mathys Tel scored Tottenham’s second goal in the 87th.

Polymarket outcome shares pay $1 each when the selected result occurs and become worthless when it does not. The bets were on Polymarket’s international site, where U.S. users could not trade; Polymarket US is a separate platform.