How profitable is Taylor Swift and Travis Kelce’s relationship? Crypto bros would say very profitable, because some are so confident the lovebirds will be displaying PDA at the Super Bowl that they’re betting a fortune on it.
Polymarket, an online betting platform that trades with crypto, is seeing a flurry of new bets on Taylor Swift ahead of the Super Bowl. A quick tl;dr to get you up to speed: the Kansas City Chiefs, an American football team that Swift’s boyfriend Travis Kelce plays for, has entered the 58th Super Bowl finals.
As of writing, the top prediction on Swift and Kelce’s relationship on Polymarket reads: “Taylor Swift engaged by April 1?” with US$28,600 (AU$43,300) of bets placed.
Crypto, Taylor Swift, and Travis Kelce
How does a crypto betting platform like Polymarket work? Generally, a user on the platform will propose a possibility related to a recent event, and others will place their bets – in crypto – on whether or not it will happen.
Another notable bet about Swift and Kelce include: “Will Taylor Swift attend the Super Bowl?” with US$3,900 (AU$5,900) in bets placed. The bet is set to expire on February 11 with 96 percent of users betting “yes”, confident that Swift will attend the major event. And why would she not? Her boyfriend is playing!
Bets on Polymarket come with proposed rules that need to be satisfied before a payout takes place. For the above bet on Swift’s attendance, an attendance counts if the songstress is “in physical attendance during any part between the start and end of the game.”
“The resolution source will be a consensus of credible reporting,” the rules read. In other words, she has to be spotted in the flesh, hanging out at the executive box, being cheer captain for her man for winners to receive their crypto money.
Betting with internet money
Betting on the hottest events can be thrilling for some, but some may say that crypto ‘degens’ sometimes take it too far. Last year, users on Polymarket caught flak for betting on Ocean Gate, the Titanic submersible that tragically took the lives of five people.
Besides Swift’s high-profile relationship, other current affairs that the bros are betting on include the 2024 US presidential election, the Oscars, and Ethereum ETFs.
The 58th Super Bowl will take place on Sunday, February 11, 2024 in Las Vegas.