Smart money holds the underdog side
Most tracked traders hold Newcastle United FC, while the market favors AFC Bournemouth (79%). 1 of 1 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.
Spread: Newcastle United FC (-1.5)
Positions of the top Polymarket traders in this market · ended Sep 5
⚠️
Avoid
Newcastle United FC
1
Newcastle United FC 100%
$10.1K
$-11.8K
Research grade
AvoidNewcastle United FC at 22%
Matches a pattern that lost clearly more than the trading costs in the backtests.
- Consensus side under 30¢Longshots (0.05–0.30) lost −29.5 % a trade pooled (n 1,625; −22 % in spring, −35 % in October): the strongest effect in the backtests.
- Spread or totalSpreads 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.
Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.
Smart Money Signal
1 of 1 top traders (100%)Underdog side (market favors AFC Bournemouth 79%)1 holds an outcome priced under 50%
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
RJ RJW1CTR | Newcastle United FCavg 25¢ | $11.8K | $10.1K | $-11.8K | 41% 89-129 (218) |
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
21.5¢ price + 1.0¢ spread + 0.9¢ fee (Sports 5%). Win more often than this and the bet pays.
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.