Smart money holds the underdog side
Most tracked traders hold Down, while the market favors Up (78%). 6 of 9 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Ethereum Up or Down - November 14, 11:30PM-11:45PM ET
6 of 9 top Polymarket traders hold Down (67%) · Down at 23¢ · $777 held · ends Nov 15
⚠️
Avoid
Down
9
Down 67%
2 arb excluded
$776.54
$5.54
44.2¢ → 22.5¢
-49% since entry · 6 traders
Research grade
AvoidDown at 23%
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.
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
6 of 9 top traders (67%)Underdog side (market favors Up 78%)2 arbitrage traders dimmed6 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
BY ByteBadger92ARB<$100 | Upavg 50¢ | $509.4 | $500 | +$1.2 | 54% 3808-3199 (7007) |
| └ Down leg | Downavg 49.9¢ | $249.31 | $252.5 | +$3.1 | |
| └ Up leg | Upavg 50¢ | $250.1 | $247.5 | -$1.9 | |
0X 0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609ARB<$100 | Downavg 46.2¢ | $105.43 | $100.7 | -$4.72 | 50% 3372-3320 (6692) |
| └ Down leg | Downavg 46.2¢ | $72.78 | $62.96 | -$9.81 | |
| └ Up leg | Upavg 51.9¢ | $32.65 | $37.74 | +$5.09 | |
0X 0x1bc32be106439240f59aa25668e613831a5cdc6eCTR<$100 | Downavg 43.1¢ | $49.51 | $46 | -$3.51 | 58% 3808-2767 (6575) |
PL ply-pm2<$100 | Upavg 54.2¢ | $41.45 | $43.88 | +$2.44 | 54% 2490-2100 (4590) |
![]() Polkadot-FrogCTR<$100 | Downavg 48.2¢ | $21.95 | $21.38 | -$0.57 | 51% 2323-2193 (4516) |
![]() ohioismCTR<$100 | Downavg 49¢ | $14.7 | $15.45 | +$0.75 | 47% 2226-2478 (4704) |
BO bosonaCTR<$100 | Downavg 43¢ | $12.9 | $15.15 | +$2.25 | 51% 4768-4559 (9327) |
MO mo-moneyCTR<$100 | Downavg 43¢ | $12.9 | $15.15 | +$2.25 | 51% 1517-1445 (2962) |
PB PBot-5<$100 | Upavg 46¢ | $11.5 | $12.5 | +$1 | 49% 1381-1459 (2840) |
13 13897651<$100 | Upavg 67¢ | $3.35 | $3.33 | -$0.02 | 44% 1281-1640 (2921) |
0X 0x0dbd0e1d5999a401263dc26cbf1597f2be0cfcd5-1793622023710CTR<$100 | Downavg 34¢ | $2.04 | $3 | +$0.96 | 43% 1865-2503 (4368) |
Invested
$509.4
Value
$500
PnL
+$1.2
Record
54%
3808-3199 (7007)
Both legs:
Invested
$105.43
Value
$100.7
PnL
-$4.72
Record
50%
3372-3320 (6692)
Both legs:
Invested
$49.51
Value
$46
PnL
-$3.51
Record
58%
3808-2767 (6575)
Invested
$41.45
Value
$43.88
PnL
+$2.44
Record
54%
2490-2100 (4590)
Polkadot-FrogCTR<$100Invested
$21.95
Value
$21.38
PnL
-$0.57
Record
51%
2323-2193 (4516)
ohioismCTR<$100Invested
$14.7
Value
$15.45
PnL
+$0.75
Record
47%
2226-2478 (4704)
Invested
$12.9
Value
$15.15
PnL
+$2.25
Record
51%
4768-4559 (9327)
Invested
$12.9
Value
$15.15
PnL
+$2.25
Record
51%
1517-1445 (2962)
Invested
$11.5
Value
$12.5
PnL
+$1
Record
49%
1381-1459 (2840)
Invested
$3.35
Value
$3.33
PnL
-$0.02
Record
44%
1281-1640 (2921)
Invested
$2.04
Value
$3
PnL
+$0.96
Record
43%
1865-2503 (4368)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
22.5¢ price + 1.0¢ spread + 1.3¢ fee (Crypto 7%). 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.
Market Info
Traders in this Market
ByteBadger92
ARBArbitrage — excluded
0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609
ARBArbitrage — excluded
0x1bc32be106439240f59aa25668e613831a5cdc6e
CTRDown — $46
ply-pm2
Up — $43.88

Polkadot-Frog
CTRDown — $21.38

ohioism
CTRDown — $15.45
bosona
CTRDown — $15.15
mo-money
CTRDown — $15.15
PBot-5
Up — $12.5
13897651
Up — $3.33