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Smart money holds the underdog side

Most tracked traders hold Arsenal FC, while the market favors Fleetwood Town FC (67%). 2 of 3 traders hold an outcome priced under 50%.

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

Spread: Arsenal FC (-3.5)

2 of 3 top Polymarket traders hold Arsenal FC (67%) · Arsenal FC at 33¢ · $83 held · ends Oct 27

Arsenal FC33¢Fleetwood Town FC67¢Ends Tue, Oct 27, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Arsenal FC

Consensus Traders

3

Arsenal FC 67%

Total Value

$83.11

Combined PnL

$1.77

Research grade

NeutralArsenal FC at 33%

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Arsenal FC

2 of 3 top traders (67%)Underdog side (market favors Fleetwood Town FC 67%)2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Arsenal FC33%
Fleetwood Town FC67%

Smart Money Breakdown by Outcome

Fleetwood Town FC1 trader
Total Value$70.9
Total Shares106
Combined PnL+$1.19
Arsenal FC2 traders
Total Value$12.21
Total Shares37
Combined PnL+$0.58
Fleetwood Town FC — 33%Arsenal FC — 67%

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EV Calculator

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

Break-even chance35.1%

33.0¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$184.72
Max Loss
-$100.00
Shares
284.7

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
0xb6bda8ef...e383ea
Slug
efl-fle-ars-2026-10-27-spread-away-3pt5
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