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Smart money holds the underdog side

Most tracked traders hold Under, while the market favors Over (60%). 1 of 6 traders hold an outcome priced under 50%.

CD Riestra vs. CA Talleres: O/U 1.5

1 of 6 top Polymarket traders hold Under (17%) · Under at 41¢ · $9K held · ends Oct 31

Over60¢Under40¢Ends Sat, Oct 31, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Under

Consensus Traders

6

Under 17%

Total Value

$9.0K

Combined PnL

$114.85

Research grade

NeutralUnder at 41%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Under

1 of 6 top traders (17%)Underdog side (market favors Over 60%)1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Over60%
Under41%

Smart Money Breakdown by Outcome

Under1 trader
Total Value$8.1K
Total Shares19,955
Combined PnL+$123.6
Over5 traders
Total Value$965.02
Total Shares1,610
Combined PnL-$8.75
Under — 17%Over — 83%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

1 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

17% of non-arb traders are on Under. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrOver 75% · 4
Diverging
Hand-pickedOver 100% · 2
Diverging
Top 1000Over 75% · 4
Diverging

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EV Calculator

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

Break-even chance42.7%

40.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$134.12
Max Loss
-$100.00
Shares
234.1

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
0x74e8a120...4a61d4
Slug
arg-rie-tal-2026-10-31-total-1pt5
Trade on Polymarket