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Spread: Ohio (-10.5)

4 of 7 top Polymarket traders hold Miami (OH) (57%) · Miami (OH) at 60¢ · $6K held · ended Nov 11

Ohio41¢Miami (OH)59¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Miami (OH)

Consensus Traders

7

Miami (OH) 57%

3 arb excluded

Total Value

$5.6K

Combined PnL

-$39.77

Smart Money Entry

53.8¢ → 59.5¢

+11% since entry · 4 traders

Research grade

NeutralMiami (OH) at 60%

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

Miami (OH)

4 of 7 top traders (57%)3 arbitrage traders dimmed3 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Ohio41%
Miami (OH)60%

Smart Money Breakdown by Outcome

Miami (OH)4 traders
Total Value$2.4K
Total Shares4,081
Combined PnL+$160.36
Ohio3 traders
Total Value$1.7K
Total Shares3,955
Combined PnL-$200.12
Miami (OH) — 57%Ohio — 43%

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EV Calculator

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

Break-even chance61.7%

59.5¢ 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
+$62.09
Max Loss
-$100.00
Shares
162.1

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
0x63a522d8...3655be
Slug
cfb-ohio-miaoh-2026-11-10-spread-away-10pt5
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