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Smart money holds the underdog side

Most tracked traders hold Iowa, while the market favors Purdue (53%). 4 of 6 traders hold an outcome priced under 50%.

Spread: Iowa (-18.5)

4 of 6 top Polymarket traders hold Iowa (67%) · Iowa at 48¢ · $21K held · ends Nov 15

Iowa48¢Purdue52¢Ends Sun, Nov 15, 2026View on Polymarket
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⚖️

Neutral

Iowa

Consensus Traders

6

Iowa 67%

Total Value

$21.0K

Combined PnL

-$68.18

Smart Money Entry

51¢ → 47.5¢

-7% since entry · 4 traders

Research grade

NeutralIowa at 48%

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 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Iowa

4 of 6 top traders (67%)Underdog side (market favors Purdue 53%)4 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Iowa48%
Purdue53%

Smart Money Breakdown by Outcome

Iowa4 traders
Total Value$10.6K
Total Shares22,062
Combined PnL-$760.58
Purdue2 traders
Total Value$10.4K
Total Shares19,783
Combined PnL+$692.4
Iowa — 67%Purdue — 33%

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EV Calculator

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

Break-even chance49.7%

47.5¢ 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
+$101.01
Max Loss
-$100.00
Shares
201.0

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
0xbd516e3f...54f193
Slug
cfb-pur-iowa-2026-11-14-spread-home-18pt5
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