How to Earn $300,000 a Year by Counting Musk's Tweets?
An anonymous trader known as "noovd" has reportedly earned over $345,000 in profit since July 2024 by accurately predicting the number of tweets Elon Musk would post each week on the prediction market Polymarket. The user placed 1,281 bets, with the largest single win exceeding $136,000.
Noovd’s strategy focused exclusively on betting "Yes" on narrow, often undervalued tweet-count ranges (e.g., 260–279 or 420–439 tweets per week), which were typically priced as low as 2–24 cents due to market underestimation. Using a proprietary quantitative model trained on Musk’s tweet data since 2022, noovd identified mispriced probabilities—often realizing 8–20x expected value advantages. Key to the model’s success was incorporating variables like day-of-week patterns, real-world events (e.g., SpaceX launches, Tesla earnings), and mid-week recalculations to narrow the probable outcome range.
The trader’s high-conviction, concentrated bets—often risking thousands per position—allowed for outsized returns, such as a 4,311% gain on a $1,569 bet. Noovd’s edge stemmed from deep data analysis, disciplined execution, and exploiting persistent market inefficiencies. The case illustrates how specialized expertise in a narrow domain can yield significant returns, emphasizing data over intuition in prediction markets.
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