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Smart money holds the underdog side

Most tracked traders hold Bayer 04 Leverkusen, while the market favors 1. FC Nürnberg (89%). 2 of 8 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: Bayer 04 Leverkusen (-1.5)

2 of 8 top Polymarket traders hold Bayer 04 Leverkusen (25%) · Bayer 04 Leverkusen at 11¢ · $16K held · ended Oct 28

Bayer 04 Leverkusen11¢1. FC Nürnberg89¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Bayer 04 Leverkusen

Consensus Traders

8

Bayer 04 Leverkusen 25%

Total Value

$16.5K

Combined PnL

$1.7K

Smart Money Entry

57.2¢ → 11¢

-81% since entry · 2 traders

Research grade

AvoidBayer 04 Leverkusen at 11%

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.
  • 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

Bayer 04 Leverkusen

2 of 8 top traders (25%)Underdog side (market favors 1. FC Nürnberg 89%)2 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Bayer 04 Leverkusen11%
1. FC Nürnberg89%

Smart Money Breakdown by Outcome

Bayer 04 Leverkusen2 traders
Total Value$9.5K
Total Shares16,462
Combined PnL+$137.78
1. FC Nürnberg6 traders
Total Value$6.9K
Total Shares12,444
Combined PnL+$1.6K
Bayer 04 Leverkusen — 25%1. FC Nürnberg — 75%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

1 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

20% of non-arb traders are on Bayer 04 Leverkusen. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whale1. FC Nürnberg 100% · 1
Diverging
ctr1. FC Nürnberg 100% · 3
Diverging
Hand-picked1. FC Nürnberg 100% · 2
Diverging
Top 10001. FC Nürnberg 75% · 4
Diverging

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EV Calculator

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

Break-even chance12.5%

11.0¢ price + 1.0¢ spread + 0.5¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$698.21
Max Loss
-$100.00
Shares
798.2

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
0x131ed780...e5bf97
Slug
dfb-lev-fcn-2026-10-28-spread-home-1pt5
Trade on Polymarket