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Spread: Buffalo (-6.5)

4 of 6 top Polymarket traders hold Ball State (67%) · Ball State at 71¢ · $3K held · ended Nov 12

Buffalo30¢Ball State70¢Ended Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Ball State

Consensus Traders

6

Ball State 67%

Total Value

$3.1K

Combined PnL

$253.58

Smart Money Entry

76.1¢ → 70.5¢

-7% since entry · 4 traders

Research grade

NeutralBall State at 71%

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.
  • 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

Ball State

4 of 6 top traders (67%)2 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Buffalo30%
Ball State71%

Smart Money Breakdown by Outcome

Ball State4 traders
Total Value$2.3K
Total Shares2,834
Combined PnL+$111.67
Buffalo2 traders
Total Value$825.08
Total Shares2,854
Combined PnL+$141.91
Ball State — 67%Buffalo — 33%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 73%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

67% of non-arb traders are on Ball State. Concentration is driven by the top two positions owning 73% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrBuffalo 100% · 1
Diverging
Hand-pickedBall State 100% · 1
Aligned
Top 1000Ball State 67% · 6
Aligned

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EV Calculator

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

Break-even chance72.5%

70.5¢ 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
+$37.90
Max Loss
-$100.00
Shares
137.9

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
0xa206b00f...498198
Slug
cfb-buf-ballst-2026-11-11-spread-away-6pt5
Trade on Polymarket