Smart money holds the underdog side
Most tracked traders hold Over, while the market favors Under (61%). 7 of 10 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Nebraska vs. Rutgers: O/U 39.5
7 of 10 top Polymarket traders hold Over (70%) · Over at 40¢ · $10K held · ended Nov 14
⚖️
Neutral
Over
10
Over 70%
$9.7K
$535.01
55.4¢ → 39.5¢
-29% since entry · 7 traders
Research grade
NeutralOver at 40%
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 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.
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
7 of 10 top traders (70%)Underdog side (market favors Under 61%)7 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
3 traders
Top 2 hold 91%
Freshness
Fresh
0h old
Flip Quality
Clean
0 consensus flips
60% of non-arb traders are on Over. Concentration is driven by the top two positions owning 91% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
PR primm | Underavg 44.4¢ | $3.4K | $4.3K | +$929.06 | 59% 931-653 (1584) |
![]() RN1CTR | Overavg 54.3¢ | $3.2K | $2.9K | -$265.99 | 55% 5380-4339 (9719) |
65 6512395314597884CTR | Overavg 61.1¢ | $780.71 | $728.73 | -$51.97 | 50% 3807-3775 (7582) |
38 38791873984189CTR | Overavg 56.7¢ | $975.91 | $623.16 | -$127.75 | 48% 3231-3545 (6776) |
JU justaluckydude | Underavg 35¢ | $286.65 | $409.5 | +$122.85 | 47% 540-597 (1137) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872CTR | Overavg 50.4¢ | $296.07 | $296.54 | +$0.47 | 55% 1630-1336 (2966) |
CM cm2897CTR | Overavg 50¢ | $204.08 | $161.22 | -$42.86 | 49% 1168-1203 (2371) |
PA Pan9XCTR | Overavg 59.3¢ | $229.01 | $137.77 | -$38.89 | 50% 1593-1619 (3212) |
AM AmericaFirst1<$100 | Underavg 38.8¢ | $46.4 | $71.11 | +$24.71 | 47% 99-111 (210) |
TO topdogbigboiCTR<$100 | Overavg 61.4¢ | $82.26 | $67.64 | -$14.62 | 37% 1039-1757 (2796) |
Invested
$3,414.67
Value
$4.3K
PnL
+$929.06
Record
59%
931-653 (1584)
RN1CTRInvested
$3,161.49
Value
$2.9K
PnL
-$265.99
Record
55%
5380-4339 (9719)
Invested
$780.71
Value
$728.73
PnL
-$51.97
Record
50%
3807-3775 (7582)
Invested
$975.91
Value
$623.16
PnL
-$127.75
Record
48%
3231-3545 (6776)
Invested
$286.65
Value
$409.5
PnL
+$122.85
Record
47%
540-597 (1137)
Invested
$296.07
Value
$296.54
PnL
+$0.47
Record
55%
1630-1336 (2966)
Invested
$204.08
Value
$161.22
PnL
-$42.86
Record
49%
1168-1203 (2371)
Invested
$229.01
Value
$137.77
PnL
-$38.89
Record
50%
1593-1619 (3212)
Invested
$46.4
Value
$71.11
PnL
+$24.71
Record
47%
99-111 (210)
Invested
$82.26
Value
$67.64
PnL
-$14.62
Record
37%
1039-1757 (2796)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
39.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.
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
Traders in this Market
primm
Under — $4.3K

RN1
CTROver — $2.9K
6512395314597884
CTROver — $728.73
38791873984189
CTROver — $623.16
justaluckydude
Under — $409.5
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
CTROver — $296.54
cm2897
CTROver — $161.22
Pan9X
CTROver — $137.77
AmericaFirst1
Under — $71.11
topdogbigboi
CTROver — $67.64