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Smart money holds the underdog side

Most tracked traders hold Oklahoma, while the market favors South Carolina (67%). 4 of 6 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: Oklahoma (-3.5)

4 of 6 top Polymarket traders hold Oklahoma (67%) · Oklahoma at 34¢ · $3K held · ended Oct 31

Oklahoma34¢South Carolina66¢Ended Sat, Oct 31, 2026View on Polymarket
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Neutral

Oklahoma

Consensus Traders

6

Oklahoma 67%

Total Value

$3.1K

Combined PnL

-$426.71

Smart Money Entry

50.3¢ → 33.5¢

-33% since entry · 4 traders

Research grade

NeutralOklahoma at 34%

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

Oklahoma

4 of 6 top traders (67%)Underdog side (market favors South Carolina 67%)4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Oklahoma34%
South Carolina67%

Smart Money Breakdown by Outcome

Oklahoma4 traders
Total Value$3.0K
Total Shares6,770
Combined PnL-$427.17
South Carolina2 traders
Total Value$103.02
Total Shares202
Combined PnL+$0.46
Oklahoma — 67%South Carolina — 33%

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EV Calculator

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

Break-even chance35.6%

33.5¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$180.66
Max Loss
-$100.00
Shares
280.7

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
0x8860eabd...145943
Slug
cfb-sc-okl-2026-10-31-spread-home-3pt5
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