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Spread: Bayer 04 Leverkusen (-3.5)

2 of 4 top Polymarket traders hold 1. FC Nürnberg (50%) · 1. FC Nürnberg at 98¢ · $2K held · ended Oct 28

Bayer 04 Leverkusen2¢1. FC Nürnberg98¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚖️

Neutral

1. FC Nürnberg

Consensus Traders

4

1. FC Nürnberg 50%

Total Value

$2.1K

Combined PnL

-$110.26

Smart Money Entry

82.2¢ → 98¢

+19% since entry · 2 traders

Research grade

Neutral1. FC Nürnberg at 98%

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer 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

1. FC Nürnberg

2 of 4 top traders (50%)2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Bayer 04 Leverkusen2%
1. FC Nürnberg98%

Smart Money Breakdown by Outcome

1. FC Nürnberg2 traders
Total Value$2.0K
Total Shares2,605
Combined PnL-$126.36
Bayer 04 Leverkusen2 traders
Total Value$48.36
Total Shares182
Combined PnL+$16.1
1. FC Nürnberg — 50%Bayer 04 Leverkusen — 50%

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EV Calculator

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

Break-even chance99.0%

98.0¢ price + 1.0¢ spread + 0.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$1.01
Max Loss
-$100.00
Shares
101.0

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
0x298fea1c...bf497f
Slug
dfb-lev-fcn-2026-10-28-spread-home-3pt5
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