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Erste Bank Open: Tommy Paul vs Carlos Alcaraz

2 of 8 top Polymarket traders hold Carlos Alcaraz (25%) · Carlos Alcaraz at 78¢ · $34K held · ends Nov 6

Tommy Paul23¢Carlos Alcaraz77¢Ends Fri, Nov 6, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Carlos Alcaraz

Consensus Traders

8

Carlos Alcaraz 25%

Total Value

$33.6K

Combined PnL

$49.24

Smart Money Entry

77¢ → 77.5¢

+1% since entry · 2 traders

Research grade

NeutralCarlos Alcaraz at 78%

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 %).

  • 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

Carlos Alcaraz

2 of 8 top traders (25%)6 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Tommy Paul23%
Carlos Alcaraz78%

Smart Money Breakdown by Outcome

Carlos Alcaraz2 traders
Total Value$26.7K
Total Shares34,939
Combined PnL-$178.51
Tommy Paul6 traders
Total Value$6.8K
Total Shares29,087
Combined PnL+$227.75
Carlos Alcaraz — 25%Tommy Paul — 75%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

33% of non-arb traders are on Carlos Alcaraz. 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
whaleCarlos Alcaraz 100% · 1
Aligned
sharpCarlos Alcaraz 100% · 1
Aligned
ctrTommy Paul 100% · 2
Diverging
Hand-pickedTommy Paul 100% · 1
Diverging
Top 1000Tommy Paul 60% · 5
Diverging

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EV Calculator

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

Break-even chance79.3%

77.5¢ 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
+$26.03
Max Loss
-$100.00
Shares
126.0

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
0xd288c64a...ad070b
Slug
atp-paul-alcaraz-2026-10-30
Trade on Polymarket