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Spread: Appalachian State (-6.5)

10 of 14 top Polymarket traders hold Georgia State (71%) · Georgia State at 54¢ · $30K held · ended Nov 7

Appalachian State46¢Georgia State54¢Ended Sat, Nov 7, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Georgia State

Consensus Traders

14

Georgia State 71%

1 arb excluded

Total Value

$29.9K

Combined PnL

$24.1K

Smart Money Entry

49¢ → 54¢

+10% since entry · 10 traders

Research grade

NeutralGeorgia State at 54%

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 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

Georgia State

10 of 14 top traders (71%)1 arbitrage trader dimmed4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Appalachian State46%
Georgia State54%

Smart Money Breakdown by Outcome

Georgia State10 traders
Total Value$27.1K
Total Shares50,102
Combined PnL+$24.2K
Appalachian State4 traders
Total Value$885.33
Total Shares1,922
Combined PnL-$96.15
Georgia State — 71%Appalachian State — 29%

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EV Calculator

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

Break-even chance56.2%

54.0¢ 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
+$77.82
Max Loss
-$100.00
Shares
177.8

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
0x8ad55f7e...a29e95
Slug
cfb-gast-applst-2026-11-07-spread-home-6pt5
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