Smart money holds the underdog side
Most tracked traders hold New Mexico, while the market favors UNLV (77%). 6 of 8 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: New Mexico (-20.5)
6 of 8 top Polymarket traders hold New Mexico (75%) · New Mexico at 23¢ · $8K held · ended Nov 15
⚠️
Avoid
New Mexico
8
New Mexico 75%
1 arb excluded
$8.5K
$328.58
53¢ → 23¢
-57% since entry · 6 traders
Research grade
AvoidNew Mexico at 23%
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.
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
6 of 8 top traders (75%)Underdog side (market favors UNLV 77%)1 arbitrage trader dimmed6 hold an outcome priced under 50%1 small position dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
6 traders
Top 2 hold 66%
Freshness
Fresh
0h old
Flip Quality
Clean
0 consensus flips
75% of non-arb traders are on New Mexico. Concentration is driven by the top two positions owning 66% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
PR primmARB<$100 | UNLVavg 44¢ | $3.8K | $4.0K | +$207.56 | 59% 1044-726 (1770) |
| └ UNLV leg | UNLVavg 44¢ | $2.6K | $2.9K | +$296.45 | |
| └ New Mexico leg | New Mexicoavg 55¢ | $1.2K | $1.1K | -$88.89 | |
![]() RN1CTR | New Mexicoavg 55.3¢ | $1.7K | $1.6K | -$85.07 | 55% 5703-4745 (10448) |
LI LightParadoxCTR | New Mexicoavg 45¢ | $810.85 | $1.1K | +$252.92 | 37% 1176-1966 (3142) |
US User7429 | UNLVavg 45¢ | $584.65 | $844.49 | +$259.84 | 42% 374-523 (897) |
KE keeptheblueflagflyinghighCTR | New Mexicoavg 58¢ | $479.52 | $434.04 | -$45.47 | 50% 2685-2651 (5336) |
TO topdogbigboiCTR | New Mexicoavg 57.6¢ | $286.13 | $257.17 | -$28.96 | 38% 1308-2106 (3414) |
PA Pan9XCTR | New Mexicoavg 57.1¢ | $191.36 | $175.93 | -$15.43 | 50% 1827-1860 (3687) |
38 38791873984189CTR | New Mexicoavg 55¢ | $565.68 | $46.64 | -$8.64 | 47% 3551-3935 (7486) |
GH ghorrock<$100 | UNLVavg 56¢ | $2.29 | $1.68 | -$0.61 | 53% 2063-1842 (3905) |
Invested
$3,816.65
Value
$4.0K
PnL
+$207.56
Record
59%
1044-726 (1770)
Both legs:
RN1CTRInvested
$1,693.29
Value
$1.6K
PnL
-$85.07
Record
55%
5703-4745 (10448)
Invested
$810.85
Value
$1.1K
PnL
+$252.92
Record
37%
1176-1966 (3142)
Invested
$584.65
Value
$844.49
PnL
+$259.84
Record
42%
374-523 (897)
Invested
$479.52
Value
$434.04
PnL
-$45.47
Record
50%
2685-2651 (5336)
Invested
$286.13
Value
$257.17
PnL
-$28.96
Record
38%
1308-2106 (3414)
Invested
$191.36
Value
$175.93
PnL
-$15.43
Record
50%
1827-1860 (3687)
Invested
$565.68
Value
$46.64
PnL
-$8.64
Record
47%
3551-3935 (7486)
Invested
$2.29
Value
$1.68
PnL
-$0.61
Record
53%
2063-1842 (3905)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
23.0¢ price + 1.0¢ spread + 0.9¢ 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
primm
ARBArbitrage — excluded

RN1
CTRNew Mexico — $1.6K
LightParadox
CTRNew Mexico — $1.1K
User7429
UNLV — $844.49
keeptheblueflagflyinghigh
CTRNew Mexico — $434.04
topdogbigboi
CTRNew Mexico — $257.17
Pan9X
CTRNew Mexico — $175.93
38791873984189
CTRNew Mexico — $46.64
ghorrock
UNLV — $1.68