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Spread: Miami (FL) (-13.5)

8 of 11 top Polymarket traders hold North Carolina (73%) · North Carolina at 64¢ · $9K held · ended Oct 31

Miami (FL)37¢North Carolina63¢Ended Sat, Oct 31, 2026View on Polymarket
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Neutral

North Carolina

Consensus Traders

11

North Carolina 73%

1 arb excluded

Total Value

$8.7K

Combined PnL

-$22.58

Smart Money Entry

50.1¢ → 63.5¢

+27% since entry · 8 traders

Research grade

NeutralNorth Carolina at 64%

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

North Carolina

8 of 11 top traders (73%)1 arbitrage trader dimmed3 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Miami (FL)37%
North Carolina64%

Smart Money Breakdown by Outcome

Miami (FL)3 traders
Total Value$965.38
Total Shares1,933
Combined PnL+$6.37
North Carolina8 traders
Total Value$1.5K
Total Shares3,079
Combined PnL-$28.95
Miami (FL) — 27%North Carolina — 73%

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EV Calculator

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

Break-even chance65.6%

63.5¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$52.33
Max Loss
-$100.00
Shares
152.3

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
0xe2b3b259...3f89c2
Slug
cfb-mia-ncar-2026-10-31-spread-away-13pt5
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