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Spread: Delaware State (-1.5)

2 of 5 top Polymarket traders hold Delaware State (40%) · Delaware State at 55¢ · $11K held · ends Oct 31

Delaware State55¢Norfolk State45¢Ends Sat, Oct 31, 2026View on Polymarket
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Neutral

Delaware State

Consensus Traders

5

Delaware State 40%

Total Value

$10.8K

Combined PnL

$190.29

Smart Money Entry

50.5¢ → 55¢

+9% since entry · 2 traders

Research grade

NeutralDelaware State at 55%

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

Delaware State

2 of 5 top traders (40%)3 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Delaware State55%
Norfolk State45%

Smart Money Breakdown by Outcome

Delaware State2 traders
Total Value$6.8K
Total Shares12,742
Combined PnL+$380.48
Norfolk State3 traders
Total Value$4.0K
Total Shares8,586
Combined PnL-$190.19
Delaware State — 40%Norfolk State — 60%

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EV Calculator

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

Break-even chance57.2%

55.0¢ 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
+$74.73
Max Loss
-$100.00
Shares
174.7

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
0x4bee56c3...f93c2f
Slug
cfb-delst-norfst-2026-10-31-spread-away-1pt5
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