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PolyConsensus
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Spread: UMass (-3.5)

6 of 13 top Polymarket traders hold Ball State (46%) · Ball State at 57¢ · $29K held · ends Nov 5

UMass43¢Ball State57¢Ends Thu, Nov 5, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Ball State

Consensus Traders

13

Ball State 46%

1 arb excluded

Total Value

$28.8K

Combined PnL

$-1.5K

Smart Money Entry

53¢ → 57.5¢

+9% since entry · 6 traders

Research grade

NeutralBall State at 57%

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 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Ball State

6 of 13 top traders (46%)1 arbitrage trader dimmed7 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

UMass43%
Ball State57%

Smart Money Breakdown by Outcome

UMass7 traders
Total Value$12.5K
Total Shares29,489
Combined PnL$-1.6K
Ball State6 traders
Total Value$16.1K
Total Shares29,726
Combined PnL+$64.28
UMass — 54%Ball State — 46%

Signal Intelligence

Momentum

Cooling

-24 pts consensus

Breadth

4 traders

Top 2 hold 97%

Freshness

Fresh

9h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

36% of non-arb traders are on Ball State. Concentration is driven by the top two positions owning 97% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleBall State 67% · 3
Aligned
ctrUMass 80% · 5
Diverging
Top 1000UMass 64% · 11
Diverging

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EV Calculator

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

Break-even chance59.7%

57.5¢ 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
+$67.47
Max Loss
-$100.00
Shares
167.5

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
0xed0d3568...4ef89f
Slug
cfb-ballst-umass-2026-11-04-spread-home-3pt5
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