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Spread: Oregon (-14.5)

5 of 8 top Polymarket traders hold Oregon (63%) · Oregon at 51¢ · $1K held · ended Nov 14

Oregon51¢Michigan49¢Ended Sat, Nov 14, 2026View on Polymarket
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⚖️

Neutral

Oregon

Consensus Traders

8

Oregon 63%

1 arb excluded

Total Value

$1.2K

Combined PnL

-$32.73

Smart Money Entry

54.4¢ → 50.5¢

-7% since entry · 5 traders

Research grade

NeutralOregon at 51%

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

Oregon

5 of 8 top traders (63%)1 arbitrage trader dimmed3 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Oregon51%
Michigan50%

Smart Money Breakdown by Outcome

Michigan3 traders
Total Value$480.97
Total Shares1,123
Combined PnL+$7.33
Oregon5 traders
Total Value$633.59
Total Shares1,013
Combined PnL-$40.06
Michigan — 38%Oregon — 62%

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EV Calculator

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

Break-even chance52.7%

50.5¢ 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
+$89.58
Max Loss
-$100.00
Shares
189.6

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
0x187517a1...120158
Slug
cfb-mich-ore-2026-11-14-spread-home-14pt5
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