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PolyConsensus
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Spread: New Mexico (-17.5)

4 of 11 top Polymarket traders hold New Mexico (36%) · New Mexico at 51¢ · $10K held · ends Nov 15

New Mexico51¢UNLV49¢Ends Sun, Nov 15, 2026View on Polymarket
SIGNAL

⚖️

Neutral

New Mexico

Consensus Traders

11

New Mexico 36%

Total Value

$10.1K

Combined PnL

$32.29

Smart Money Entry

48.2¢ → 50.5¢

+5% since entry · 4 traders

Research grade

NeutralNew Mexico at 51%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

New Mexico

4 of 11 top traders (36%)7 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

New Mexico51%
UNLV50%

Smart Money Breakdown by Outcome

New Mexico4 traders
Total Value$5.4K
Total Shares10,865
Combined PnL+$118.76
UNLV7 traders
Total Value$4.7K
Total Shares9,389
Combined PnL-$86.47
New Mexico — 36%UNLV — 64%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 83%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

36% of non-arb traders are on New Mexico. Concentration is driven by the top two positions owning 83% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrUNLV 63% · 8
Diverging
Hand-pickedUNLV 100% · 1
Diverging
Top 1000UNLV 60% · 10
Diverging

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EV Calculator

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

Break-even chance52.7%

50.5¢ 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
+$89.58
Max Loss
-$100.00
Shares
189.6

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
0x2b1f51c9...268680
Slug
cfb-unlv-nmx-2026-11-14-spread-home-17pt5
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