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Smart money holds the underdog side

Most tracked traders hold Appalachian State, while the market favors Georgia Southern (72%). 3 of 3 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: Georgia Southern (-5.5)

3 of 3 top Polymarket traders hold Appalachian State (100%) · Appalachian State at 28¢ · $2K held · ended Oct 31

Georgia Southern72¢Appalachian State28¢Ended Sat, Oct 31, 2026View on Polymarket
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⚠️

Avoid

Appalachian State

Consensus Traders

3

Appalachian State 100%

2 arb excluded

Total Value

$1.9K

Combined PnL

$13.74

Smart Money Entry

42¢ → 28.5¢

-32% since entry · 3 traders

Research grade

AvoidAppalachian State at 28%

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.
  • 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.

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

Appalachian State

3 of 3 top traders (100%)Underdog side (market favors Georgia Southern 72%)2 arbitrage traders dimmed3 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Georgia Southern72%
Appalachian State28%

Smart Money Breakdown by Outcome

Appalachian State3 traders
Total Value$1.5K
Total Shares3,531
Combined PnL+$13.74

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EV Calculator

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

Break-even chance30.5%

28.5¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$227.44
Max Loss
-$100.00
Shares
327.4

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
0xb8ef4de8...94c6ec
Slug
cfb-applst-gas-2026-10-31-spread-home-5pt5
Trade on Polymarket