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Spread: Washington (-4.5)

5 of 10 top Polymarket traders hold Michigan State (50%) · Michigan State at 61¢ · $26K held · ended Nov 14

Washington40¢Michigan State60¢Ended Sat, Nov 14, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Michigan State

Consensus Traders

10

Michigan State 50%

Total Value

$26.2K

Combined PnL

$97.95

Smart Money Entry

59.5¢ → 60.5¢

+2% since entry · 5 traders

Research grade

NeutralMichigan State at 61%

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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

Michigan State

5 of 10 top traders (50%)5 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Washington40%
Michigan State61%

Smart Money Breakdown by Outcome

Michigan State5 traders
Total Value$15.7K
Total Shares25,983
Combined PnL+$228.13
Washington5 traders
Total Value$10.5K
Total Shares26,330
Combined PnL-$130.18
Michigan State — 50%Washington — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 92%

Freshness

Mature

25h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

80% of non-arb traders are on Michigan State. Concentration is driven by the top two positions owning 92% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleMichigan State 100% · 1
Aligned
ctrMichigan State 75% · 4
Aligned
Hand-pickedMichigan State 100% · 1
Aligned
Top 1000Michigan State 75% · 4
Aligned

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EV Calculator

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

Break-even chance62.7%

60.5¢ 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
+$59.53
Max Loss
-$100.00
Shares
159.5

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
0x38453b62...f2cafa
Slug
cfb-wash-mst-2026-11-14-spread-away-4pt5
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