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Smart money holds the underdog side

Most tracked traders hold Buffalo, while the market favors Ball State (52%). 5 of 6 traders hold an outcome priced under 50%.

Spread: Buffalo (-1.5)

5 of 6 top Polymarket traders hold Buffalo (83%) · Buffalo at 49¢ · $3K held · ends Nov 12

Buffalo49¢Ball State51¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Buffalo

Consensus Traders

6

Buffalo 83%

Total Value

$2.6K

Combined PnL

$24.6

Smart Money Entry

48¢ → 48.5¢

+1% since entry · 5 traders

Research grade

NeutralBuffalo at 49%

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.
  • 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

Buffalo

5 of 6 top traders (83%)Underdog side (market favors Ball State 52%)5 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Buffalo49%
Ball State52%

Smart Money Breakdown by Outcome

Buffalo5 traders
Total Value$2.1K
Total Shares4,347
Combined PnL+$29.56
Ball State1 trader
Total Value$500.94
Total Shares992
Combined PnL-$4.96
Buffalo — 83%Ball State — 17%

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EV Calculator

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

Break-even chance50.7%

48.5¢ 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
+$97.04
Max Loss
-$100.00
Shares
197.0

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
0x9eb0e699...212c7b
Slug
cfb-buf-ballst-2026-11-11-spread-away-1pt5
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