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Spread: Miami (OH) (-10.5)

2 of 6 top Polymarket traders hold Ohio (33%) · Ohio at 98¢ · $316 held · ended Nov 11

Miami (OH)2¢Ohio98¢Ended Wed, Nov 11, 2026View on Polymarket
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Neutral

Ohio

Consensus Traders

6

Ohio 33%

Total Value

$316.25

Combined PnL

-$179.74

Smart Money Entry

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

Ohio

2 of 6 top traders (33%)4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Miami (OH)2%
Ohio98%

Smart Money Breakdown by Outcome

Ohio2 traders
Total Value$311.16
Total Shares367
Combined PnL-$110.18
Miami (OH)4 traders
Total Value$5.09
Total Shares384
Combined PnL-$69.56
Ohio — 33%Miami (OH) — 67%

Signal Intelligence

Momentum

Fading

-42 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

1h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

33% of non-arb traders are on Ohio. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrMiami (OH) 100% · 1
Diverging
Top 1000Miami (OH) 67% · 6
Diverging

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EV Calculator

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

Break-even chance98.7%

97.6¢ price + 1.0¢ spread + 0.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$1.35
Max Loss
-$100.00
Shares
101.3

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
0x5ba0dc97...2c6491
Slug
cfb-ohio-miaoh-2026-11-10-spread-home-10pt5
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