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Spread: Ohio (-1.5)

10 of 11 top Polymarket traders hold Miami (OH) (91%) · Miami (OH) at 52¢ · $27K held · ends Nov 11

Ohio49¢Miami (OH)51¢Ends Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Miami (OH)

Consensus Traders

11

Miami (OH) 91%

1 arb excluded

Total Value

$27.0K

Combined PnL

$251.06

Smart Money Entry

50.3¢ → 51.5¢

+2% since entry · 10 traders

Research grade

NeutralMiami (OH) at 52%

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 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)

10 of 11 top traders (91%)1 arbitrage trader dimmed1 holds an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Ohio49%
Miami (OH)52%

Smart Money Breakdown by Outcome

Miami (OH)10 traders
Total Value$22.8K
Total Shares44,551
Combined PnL+$296.96
Ohio1 trader
Total Value$2.2K
Total Shares4,590
Combined PnL-$45.9
Miami (OH) — 91%Ohio — 9%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

10 traders

Top 2 hold 76%

Freshness

Fresh

4h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

91% of non-arb traders are on Miami (OH). Concentration is driven by the top two positions owning 76% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrMiami (OH) 100% · 5
Aligned
Top 1000Miami (OH) 91% · 11
Aligned

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EV Calculator

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

Break-even chance53.7%

51.5¢ 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
+$86.06
Max Loss
-$100.00
Shares
186.1

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
0x3df89606...465f3c
Slug
cfb-ohio-miaoh-2026-11-10-spread-away-1pt5
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