Polymarket Trader Loses Over $1.3M on Argentina vs England World Cup Bet

A Polymarket trader has incurred total losses exceeding $1.3 million on the "2026 World Cup Semifinal: England vs Argentina" prediction market. According to Odaily, the account 123abc (address: 0xc58df0b98437f613e20916c242403e0a6c009373) purchased $350,000 worth of shares betting on Argentina to advance, with an average entry price of 45.9 cents and acquiring 760,696.9 shares. The match between England and Argentina is scheduled to start at 3:00 (UTC+8) on July 16. The two teams have a storied and dramatic rivalry, considered one of the most intense and controversial in World Cup history. They have faced each other multiple times in the tournament, with England holding a slight edge in historical results (three wins, two losses, including penalty shootouts). Classic encounters include Diego Maradona's "Hand of God" and "Goal of the Century" in 1986, David Beckham's red card in 1998, and Beckham's penalty revenge in 2002. This will be their sixth World Cup meeting, with the semifinal set to reignite the historic rivalry.