Skip to content
PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (74%). 3 of 4 traders hold an outcome priced under 50%.

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

Sheffield Wednesday FC vs. Blackpool FC: O/U 3.5

3 of 4 top Polymarket traders hold Over (75%) · Over at 26¢ · $124 held · ended Nov 1

Over26¢Under74¢Ended Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Over

Consensus Traders

4

Over 75%

Total Value

$123.65

Combined PnL

-$2.3

Research grade

AvoidOver at 26%

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.
  • 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

Over

3 of 4 top traders (75%)Underdog side (market favors Under 74%)3 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over26%
Under74%

Smart Money Breakdown by Outcome

Under1 trader
Total Value$80.03
Total Shares108
Combined PnL+$6.37
Over3 traders
Total Value$43.63
Total Shares168
Combined PnL-$8.67
Under — 25%Over — 75%

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 chance28.0%

26.0¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$257.33
Max Loss
-$100.00
Shares
357.3

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
0x992e6095...b0185d
Slug
el1-swe-bla-2026-11-01-total-3pt5
Trade on Polymarket