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Spread: Louisiana (-8.5)

3 of 8 top Polymarket traders hold Louisiana (38%) · Louisiana at 54¢ · $28K held · ends Nov 13

Louisiana54¢Louisiana-Monroe46¢Ends Fri, Nov 13, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Louisiana

Consensus Traders

8

Louisiana 38%

Total Value

$28.0K

Combined PnL

$82.5

Smart Money Entry

53.9¢ → 53.5¢

-1% since entry · 3 traders

Research grade

NeutralLouisiana 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.
  • 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

Louisiana

3 of 8 top traders (38%)5 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Louisiana54%
Louisiana-Monroe47%

Smart Money Breakdown by Outcome

Louisiana3 traders
Total Value$15.5K
Total Shares29,010
Combined PnL-$169.96
Louisiana-Monroe5 traders
Total Value$12.5K
Total Shares26,628
Combined PnL+$252.46
Louisiana — 38%Louisiana-Monroe — 62%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

38% of non-arb traders are on Louisiana. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrLouisiana 50% · 4
Aligned
Hand-pickedLouisiana-Monroe 100% · 1
Diverging
Top 1000Louisiana-Monroe 57% · 7
Diverging

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EV Calculator

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

Break-even chance55.7%

53.5¢ 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
+$79.40
Max Loss
-$100.00
Shares
179.4

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
0x64b193b7...5ce28c
Slug
cfb-loulaf-lamon-2026-11-12-spread-away-8pt5
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