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Spread: Georgia (-14.5)

3 of 4 top Polymarket traders hold Florida (75%) · Florida at 56¢ · $1K held · ends Oct 31

Georgia45¢Florida55¢Ends Sat, Oct 31, 2026View on Polymarket
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Neutral

Florida

Consensus Traders

4

Florida 75%

Total Value

$1.2K

Combined PnL

$40.8

Smart Money Entry

57.6¢ → 55.5¢

-4% since entry · 3 traders

Research grade

NeutralFlorida at 56%

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer 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

Florida

3 of 4 top traders (75%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Georgia45%
Florida56%

Smart Money Breakdown by Outcome

Florida3 traders
Total Value$1.1K
Total Shares1,833
Combined PnL+$40.8
Georgia1 trader
Total Value$106
Total Shares265
Combined PnL+$0
Florida — 75%Georgia — 25%

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EV Calculator

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

Break-even chance57.7%

55.5¢ 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
+$73.22
Max Loss
-$100.00
Shares
173.2

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
0x2102de2a...624f33
Slug
cfb-fl-ga-2026-10-31-spread-home-14pt5
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