PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (65%). 2 of 10 traders hold an outcome priced under 50%.

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

Will Reading FC win on 2026-10-31?

2 of 10 top Polymarket traders hold Yes (20%) · Yes at 36¢ · $36K held · ended Oct 31

Yes36¢No64¢Ended Sat, Oct 31, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

10

Yes 20%

Total Value

$36.5K

Combined PnL

$457.4

Smart Money Entry

36.6¢ → 35.5¢

-3% since entry · 2 traders

Research grade

NeutralYes at 36%

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 %).

  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that 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

Yes

2 of 10 top traders (20%)Underdog side (market favors No 65%)2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Yes36%
No65%

Smart Money Breakdown by Outcome

Yes2 traders
Total Value$19.3K
Total Shares49,010
Combined PnL+$903.61
No8 traders
Total Value$17.1K
Total Shares26,746
Combined PnL-$446.21
Yes — 20%No — 80%

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

14% of non-arb traders are on Yes. 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
whaleNo 100% · 1
Diverging
sharpNo 100% · 1
Diverging
ctrNo 80% · 5
Diverging
Hand-pickedNo 100% · 1
Diverging
Top 1000No 83% · 6
Diverging

Chat

Sign in with your wallet to post.

EV Calculator

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

Break-even chance37.7%

35.5¢ 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
+$165.54
Max Loss
-$100.00
Shares
265.5

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
0x866fcc63...a73a5c
Slug
el1-ply-rea-2026-10-31-rea
Trade on Polymarket