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Spread: Indiana (-7.5)

5 of 7 top Polymarket traders hold Minnesota (71%) · Minnesota at 96¢ · $3K held · ended Oct 31

Indiana5¢Minnesota95¢Ended Sat, Oct 31, 2026View on Polymarket
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Neutral

Minnesota

Consensus Traders

7

Minnesota 71%

Total Value

$2.8K

Combined PnL

$-2.9K

Smart Money Entry

60.3¢ → 95.5¢

+58% since entry · 5 traders

Research grade

NeutralMinnesota at 96%

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 %).

  • Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
  • 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.

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

Minnesota

5 of 7 top traders (71%)2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Indiana5%
Minnesota96%

Smart Money Breakdown by Outcome

Indiana2 traders
Total Value$906.02
Total Shares3,075
Combined PnL-$348.92
Minnesota5 traders
Total Value$1.8K
Total Shares7,162
Combined PnL$-2.5K
Indiana — 29%Minnesota — 71%

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EV Calculator

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

Break-even chance96.7%

95.5¢ price + 1.0¢ spread + 0.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$3.45
Max Loss
-$100.00
Shares
103.4

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
0x1178b0f9...a373e8
Slug
cfb-minnst-ind-2026-10-31-spread-home-7pt5
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