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Spread: Benin (-1.5)

6 of 12 top Polymarket traders hold Benin (50%) · Benin at 80¢ · $4K held · ends Nov 12

Benin80¢Central African Republic20¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Benin

Consensus Traders

12

Benin 50%

Total Value

$3.8K

Combined PnL

$-1.1K

Smart Money Entry

70.8¢ → 80¢

+13% since entry · 6 traders

Research grade

NeutralBenin at 80%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • Spread or totalOct 22 backtest: spreads and totals −14.5 % a trade in spring (95 % CI −27 to −1), +1.5 % in October: no edge.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

Benin

6 of 12 top traders (50%)6 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Benin80%
Central African Republic20%

Smart Money Breakdown by Outcome

Benin6 traders
Total Value$3.7K
Total Shares3,978
Combined PnL-$871.57
Central African Republic6 traders
Total Value$133.22
Total Shares581
Combined PnL-$242.71
Benin — 50%Central African Republic — 50%

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance81.8%

80.0¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$22.29
Max Loss
-$100.00
Shares
122.3

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x226015bc...2c81f4
Slug
afcq-ben-car-2026-11-12-spread-home-1pt5
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