
Spread: Miami (OH) (-10.5)
2 of 6 top Polymarket traders hold Ohio (33%) · Ohio at 98¢ · $316 held · ended Nov 11
⚖️
Neutral
Ohio
6
Ohio 33%
$316.25
-$179.74
80¢ → 97.6¢
+22% since entry · 2 traders
Research grade
NeutralOhio at 98%
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 %).
- Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
- 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.
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
2 of 6 top traders (33%)4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Fading
-42 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Fresh
1h old
Flip Quality
Watch
1 consensus flip
33% of non-arb traders are on Ohio. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
38 38791873984189 | Ohioavg 80¢ | $415.6 | $304.26 | -$111.34 | 48% 959-1032 (1991) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872<$100 | Ohioavg 82¢ | $5.74 | $6.9 | +$1.15 | 56% 502-393 (895) |
MA MadridTimeCTR<$100 | Miami (OH)avg 20¢ | $71.96 | $4.68 | -$67.28 | 29% 307-748 (1055) |
65 6512395314597884CTR<$100 | Miami (OH)avg 18¢ | $1.26 | $0.17 | -$1.09 | 51% 3172-3073 (6245) |
PA Pan9XCTR<$100 | Miami (OH)avg 1.3¢ | $0.13 | $0.15 | +$0.02 | 49% 446-472 (918) |
GH ghorrockCTR<$100 | Miami (OH)avg 18¢ | $1.3 | $0.09 | -$1.21 | 55% 399-332 (731) |
Invested
$415.6
Value
$304.26
PnL
-$111.34
Record
48%
959-1032 (1991)
Invested
$5.74
Value
$6.9
PnL
+$1.15
Record
56%
502-393 (895)
Invested
$71.96
Value
$4.68
PnL
-$67.28
Record
29%
307-748 (1055)
Invested
$1.26
Value
$0.17
PnL
-$1.09
Record
51%
3172-3073 (6245)
Invested
$0.13
Value
$0.15
PnL
+$0.02
Record
49%
446-472 (918)
Invested
$1.3
Value
$0.09
PnL
-$1.21
Record
55%
399-332 (731)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
97.6¢ price + 1.0¢ spread + 0.1¢ 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.