[aorloff]

On Polymarket, $60m has been wagered on "Will Jesus return before 2027"

https://polymarket.com/event/will-jesus-christ-return-before...

[jfengel]

Yeah, but Jesus is gonna place a big bet on himself just before he returns.

[2ndorderthought]

I'll definitely put money on that one around December for a quick return. Thanks for the tip

[essefjo]

Why wait till December? Aren't there higher returns the earlier you put money?

[jfengel]

Is it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.

[ajross]

Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.

[2ndorderthought]

Barely above a high yield savings account I guess.

[ajross]

Historically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.

[2ndorderthought]

Is that how it works? I don't gamble sorry. But this one I will gamble on, heavily