Smart money holds the underdog side
Most tracked traders hold Down, while the market favors Up (86%). 4 of 7 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Bitcoin Up or Down - November 14, 12:00AM-4:00AM ET
4 of 7 top Polymarket traders hold Down (57%) · Down at 14¢ · $991 held · ends Nov 14
⚠️
Avoid
Down
7
Down 57%
2 arb excluded
$990.79
$22.99
30.8¢ → 14.5¢
-53% since entry · 4 traders
Research grade
AvoidDown at 14%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
4 of 7 top traders (57%)Underdog side (market favors Up 86%)2 arbitrage traders dimmed4 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
BY ByteBadger92ARB<$100 | Upavg 50¢ | $500 | $495 | -$5 | 55% 3086-2563 (5649) |
| └ Down leg | Downavg 50¢ | $250 | $295 | +$45 | |
| └ Up leg | Upavg 50¢ | $250 | $200 | -$50 | |
0X 0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609ARB<$100 | Downavg 50.7¢ | $206.9 | $191.49 | -$15.41 | 51% 2841-2744 (5585) |
| └ Up leg | Upavg 50.3¢ | $86.18 | $120.02 | +$33.83 | |
| └ Down leg | Downavg 50.7¢ | $120.71 | $71.47 | -$49.24 | |
BO bosonaCTR<$100 | Downavg 33¢ | $90.29 | $90.27 | -$0.02 | 51% 4479-4365 (8844) |
0X 0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507<$100 | Upavg 56.1¢ | $55.49 | $68.31 | +$12.82 | 42% 42-58 (100) |
SU suntori<$100 | Upavg 48.9¢ | $32.7 | $46.14 | +$13.44 | 45% 2420-2899 (5319) |
HS HsilverbasherCTR<$100 | Downavg 36¢ | $38.02 | $39.07 | +$1.06 | 50% 306-309 (615) |
AL almachCTR<$100 | Downavg 22.8¢ | $40.66 | $38.33 | -$2.32 | 50% 1236-1242 (2478) |
MO mo-moneyCTR<$100 | Downavg 43¢ | $9.46 | $12.98 | +$3.52 | 49% 1227-1262 (2489) |
GH ghorrock<$100 | Upavg 67¢ | $18.15 | $9.19 | -$5.51 | 52% 1608-1475 (3083) |
Invested
$500
Value
$495
PnL
-$5
Record
55%
3086-2563 (5649)
Both legs:
Invested
$206.9
Value
$191.49
PnL
-$15.41
Record
51%
2841-2744 (5585)
Both legs:
Invested
$90.29
Value
$90.27
PnL
-$0.02
Record
51%
4479-4365 (8844)
Invested
$55.49
Value
$68.31
PnL
+$12.82
Record
42%
42-58 (100)
Invested
$32.7
Value
$46.14
PnL
+$13.44
Record
45%
2420-2899 (5319)
Invested
$38.02
Value
$39.07
PnL
+$1.06
Record
50%
306-309 (615)
Invested
$40.66
Value
$38.33
PnL
-$2.32
Record
50%
1236-1242 (2478)
Invested
$9.46
Value
$12.98
PnL
+$3.52
Record
49%
1227-1262 (2489)
Invested
$18.15
Value
$9.19
PnL
-$5.51
Record
52%
1608-1475 (3083)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
14.5¢ price + 1.0¢ spread + 0.9¢ fee (Crypto 7%). Win more often than this and the bet pays.
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
Traders in this Market
ByteBadger92
ARBArbitrage — excluded
0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609
ARBArbitrage — excluded
bosona
CTRDown — $90.27
0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507
Up — $68.31
suntori
Up — $46.14
Hsilverbasher
CTRDown — $39.07
almach
CTRDown — $38.33
mo-money
CTRDown — $12.98
ghorrock
Up — $9.19