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PolyConsensus
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Smart money holds the underdog side

Most tracked traders hold UNLV, while the market favors New Mexico (54%). 7 of 13 traders hold an outcome priced under 50%.

Spread: New Mexico (-18.5)

7 of 13 top Polymarket traders hold UNLV (54%) · UNLV at 47¢ · $14K held · ends Nov 15

New Mexico54¢UNLV46¢Ends Sun, Nov 15, 2026View on Polymarket
SIGNAL

⚖️

Neutral

UNLV

Consensus Traders

13

UNLV 54%

1 arb excluded

Total Value

$13.7K

Combined PnL

$362.49

Smart Money Entry

48.4¢ → 46.5¢

-4% since entry · 7 traders

Research grade

NeutralUNLV at 47%

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 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

UNLV

7 of 13 top traders (54%)Underdog side (market favors New Mexico 54%)1 arbitrage trader dimmed7 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

New Mexico54%
UNLV47%

Smart Money Breakdown by Outcome

New Mexico6 traders
Total Value$7.0K
Total Shares13,279
Combined PnL+$555.33
UNLV7 traders
Total Value$6.4K
Total Shares13,136
Combined PnL-$192.84
New Mexico — 46%UNLV — 54%

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EV Calculator

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

Break-even chance48.7%

46.5¢ 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
+$105.14
Max Loss
-$100.00
Shares
205.1

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
0x6eb4ec75...9ec7ac
Slug
cfb-unlv-nmx-2026-11-14-spread-home-18pt5
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