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Spread: Memphis (-2.5)

2 of 11 top Polymarket traders hold Memphis (18%) · Memphis at 61¢ · $26K held · ends Nov 13

Memphis61¢South Florida39¢Ends Fri, Nov 13, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Memphis

Consensus Traders

11

Memphis 18%

Total Value

$25.7K

Combined PnL

-$250.19

Smart Money Entry

61¢ → 60.5¢

-1% since entry · 2 traders

Research grade

NeutralMemphis at 61%

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.
  • 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

Memphis

2 of 11 top traders (18%)9 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Memphis61%
South Florida40%

Smart Money Breakdown by Outcome

Memphis2 traders
Total Value$15.9K
Total Shares26,532
Combined PnL-$249.8
South Florida9 traders
Total Value$9.7K
Total Shares24,977
Combined PnL-$0.39
Memphis — 18%South Florida — 82%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

1h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

18% of non-arb traders are on Memphis. 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
ctrSouth Florida 83% · 6
Diverging
Hand-pickedSouth Florida 100% · 1
Diverging
Top 1000South Florida 80% · 10
Diverging

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EV Calculator

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

Break-even chance62.7%

60.5¢ 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
+$59.53
Max Loss
-$100.00
Shares
159.5

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
0xff2e016b...afec99
Slug
cfb-mphs-sfl-2026-11-12-spread-away-2pt5
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