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Spread: Memphis (-3.5)

4 of 11 top Polymarket traders hold Memphis (36%) · Memphis at 54¢ · $24K held · ends Nov 13

Memphis54¢South Florida46¢Ends Fri, Nov 13, 2026View on Polymarket
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Neutral

Memphis

Consensus Traders

11

Memphis 36%

Total Value

$24.3K

Combined PnL

$21.08

Smart Money Entry

52.9¢ → 53.5¢

+1% since entry · 4 traders

Research grade

NeutralMemphis 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

Memphis

4 of 11 top traders (36%)7 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Memphis54%
South Florida47%

Smart Money Breakdown by Outcome

Memphis4 traders
Total Value$13.3K
Total Shares24,863
Combined PnL+$141.59
South Florida7 traders
Total Value$11.0K
Total Shares23,710
Combined PnL-$120.52
Memphis — 36%South Florida — 64%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 98%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

57% of non-arb traders are on Memphis. Concentration is driven by the top two positions owning 98% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrMemphis 75% · 4
Aligned
Hand-pickedMemphis 100% · 1
Aligned
Top 1000Memphis 50% · 6
Aligned

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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
0xc806df86...6b2054
Slug
cfb-mphs-sfl-2026-11-12-spread-away-3pt5
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