
Spread: USC (-1.5)
5 of 9 top Polymarket traders hold Indiana (56%) · Indiana at 97¢ · $2K held · ended Nov 14
⚖️
Neutral
Indiana
9
Indiana 56%
$1.8K
$141.64
74.1¢ → 96.5¢
+30% since entry · 5 traders
Research grade
NeutralIndiana at 97%
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 %).
- Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
- 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.
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
5 of 9 top traders (56%)4 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Cooling
-7 pts consensus
Breadth
5 traders
Top 2 hold 93%
Freshness
Fresh
8h old
Flip Quality
Clean
0 consensus flips
56% of non-arb traders are on Indiana. Concentration is driven by the top two positions owning 93% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FO forecastication4 | Indianaavg 74¢ | $1.0K | $1.0K | +$6.78 | 34% 175-339 (514) |
CI cigarettesCTR | USCavg 26¢ | $234 | $306 | +$72 | 53% 7213-6305 (13518) |
PU purplegattoCTR | USCavg 25.4¢ | $128.48 | $172.04 | +$43.56 | 68% 2651-1237 (3888) |
FO Forecastication2CTR<$100 | USCavg 24.8¢ | $68.67 | $94.01 | +$25.33 | 45% 277-332 (609) |
![]() nigiri99<$100 | Indianaavg 75¢ | $75 | $74.5 | -$0.5 | 52% 602-565 (1167) |
PA Pan9X<$100 | Indianaavg 75¢ | $58.5 | $58.11 | -$0.39 | 49% 1694-1746 (3440) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872CTR<$100 | USCavg 34¢ | $21.83 | $17.02 | -$4.82 | 55% 1703-1404 (3107) |
GH ghorrock<$100 | Indianaavg 75.5¢ | $15.22 | $15.02 | -$0.2 | 53% 1938-1717 (3655) |
38 38791873984189<$100 | Indianaavg 77¢ | $3.85 | $3.73 | -$0.13 | 47% 3383-3741 (7124) |
Invested
$1,002.95
Value
$1.0K
PnL
+$6.78
Record
34%
175-339 (514)
Invested
$234
Value
$306
PnL
+$72
Record
53%
7213-6305 (13518)
Invested
$128.48
Value
$172.04
PnL
+$43.56
Record
68%
2651-1237 (3888)
Invested
$68.67
Value
$94.01
PnL
+$25.33
Record
45%
277-332 (609)
nigiri99<$100Invested
$75
Value
$74.5
PnL
-$0.5
Record
52%
602-565 (1167)
Invested
$58.5
Value
$58.11
PnL
-$0.39
Record
49%
1694-1746 (3440)
Invested
$21.83
Value
$17.02
PnL
-$4.82
Record
55%
1703-1404 (3107)
Invested
$15.22
Value
$15.02
PnL
-$0.2
Record
53%
1938-1717 (3655)
Invested
$3.85
Value
$3.73
PnL
-$0.13
Record
47%
3383-3741 (7124)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
96.5¢ price + 1.0¢ spread + 0.1¢ 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
forecastication4
Indiana — $1.0K
cigarettes
CTRUSC — $306
purplegatto
CTRUSC — $172.04
Forecastication2
CTRUSC — $94.01

nigiri99
Indiana — $74.5
Pan9X
Indiana — $58.11
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
CTRUSC — $17.02
ghorrock
Indiana — $15.02
38791873984189
Indiana — $3.73