Smart money holds the underdog side
Most tracked traders hold Under, while the market favors Over (82%). 2 of 6 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Oregon State vs. Boise State: O/U 73.5
2 of 6 top Polymarket traders hold Under (33%) · Under at 19¢ · $4K held · ended Nov 14
⚠️
Avoid
Under
6
Under 33%
3 arb excluded
$3.9K
$248.57
48.8¢ → 18.5¢
-62% since entry · 2 traders
Research grade
AvoidUnder at 19%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
- 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%)Underdog side (market favors Over 82%)3 arbitrage traders dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() RN1ARB<$100 | Overavg 51¢ | $1.2K | $1.3K | +$131.2 | 55% 5525-4565 (10090) |
| └ Over leg | Overavg 51¢ | $820.7 | $1.0K | +$193.6 | |
| └ Under leg | Underavg 45¢ | $351 | $288.6 | -$62.4 | |
BI biying88888 | Overavg 55¢ | $765.15 | $1.0K | +$323.33 | 44% 216-270 (486) |
PR primmCTR | Underavg 49.4¢ | $1.0K | $932.88 | -$68.6 | 60% 1016-678 (1694) |
65 6512395314597884ARB<$100 | Overavg 49.2¢ | $195.72 | $209.24 | +$13.52 | 50% 3874-3873 (7747) |
| └ Over leg | Overavg 49.2¢ | $105.72 | $135.24 | +$29.52 | |
| └ Under leg | Underavg 45¢ | $90 | $74 | -$16 | |
38 38791873984189ARB<$100 | Underavg 45.4¢ | $251.25 | $174.31 | -$21.98 | 47% 3383-3741 (7124) |
| └ Under leg | Underavg 45.4¢ | $132.76 | $108.16 | -$37.39 | |
| └ Over leg | Overavg 49¢ | $51.45 | $66.15 | +$15.41 | |
KE keeptheblueflagflyinghigh | Overavg 59¢ | $130.07 | $127.86 | -$2.2 | 50% 2600-2575 (5175) |
VE Venusian<$100 | Overavg 31.9¢ | $26.9 | $53.12 | +$26.22 | 37% 1070-1834 (2904) |
CM cm2897CTR<$100 | Underavg 41¢ | $61.68 | $27.83 | -$33.85 | 49% 1187-1228 (2415) |
PA Pan9X<$100 | Overavg 50.1¢ | $28.77 | $6.59 | +$3.67 | 49% 1694-1746 (3440) |
RN1ARB<$100Invested
$1,171.7
Value
$1.3K
PnL
+$131.2
Record
55%
5525-4565 (10090)
Both legs:
Invested
$765.15
Value
$1.0K
PnL
+$323.33
Record
44%
216-270 (486)
Invested
$1,001.48
Value
$932.88
PnL
-$68.6
Record
60%
1016-678 (1694)
Invested
$195.72
Value
$209.24
PnL
+$13.52
Record
50%
3874-3873 (7747)
Both legs:
Invested
$251.25
Value
$174.31
PnL
-$21.98
Record
47%
3383-3741 (7124)
Both legs:
Invested
$130.07
Value
$127.86
PnL
-$2.2
Record
50%
2600-2575 (5175)
Invested
$26.9
Value
$53.12
PnL
+$26.22
Record
37%
1070-1834 (2904)
Invested
$61.68
Value
$27.83
PnL
-$33.85
Record
49%
1187-1228 (2415)
Invested
$28.77
Value
$6.59
PnL
+$3.67
Record
49%
1694-1746 (3440)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
18.5¢ price + 1.0¢ spread + 0.8¢ 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

RN1
ARBArbitrage — excluded
biying88888
Over — $1.0K
primm
CTRUnder — $932.88
6512395314597884
ARBArbitrage — excluded
38791873984189
ARBArbitrage — excluded
keeptheblueflagflyinghigh
Over — $127.86
Venusian
Over — $53.12
cm2897
CTRUnder — $27.83
Pan9X
Over — $6.59