Smart money holds the underdog side
Most tracked traders hold Down, while the market favors Up (97%). 6 of 8 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Ethereum Up or Down - November 13, 1PM ET
6 of 8 top Polymarket traders hold Down (75%) · Down at 3.5¢ · $763 held · ends Nov 13
⚠️
Avoid
Down
8
Down 75%
1 arb excluded
$762.69
$3.93
36.8¢ → 3.5¢
-90% since entry · 6 traders
Research grade
AvoidDown at 4%
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 8 top traders (75%)Underdog side (market favors Up 97%)1 arbitrage trader dimmed6 hold an outcome priced under 50%8 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
BY ByteBadger92ARB<$100 | Upavg 50¢ | $500 | $499.02 | +$0.02 | 55% 2727-2200 (4927) |
| └ Up leg | Upavg 50¢ | $250 | $362.5 | +$112.5 | |
| └ Down leg | Downavg 50¢ | $248.21 | $136.52 | -$112.48 | |
PE peepeepoopoo24<$100 | Upavg 88.3¢ | $91.33 | $88.11 | -$3.22 | 49% 802-821 (1623) |
![]() Polkadot-Frog<$100 | Upavg 76.6¢ | $55.72 | $61.12 | +$6.6 | 51% 1762-1676 (3438) |
0X 0x502b532F55778c0985846Dc53a9bc71eB4F33b15-1761320484518CTR<$100 | Downavg 47.9¢ | $47.8 | $49.92 | +$2.13 | 49% 1538-1576 (3114) |
PB PBot-6CTR<$100 | Downavg 48¢ | $36.92 | $38.46 | +$1.54 | 51% 624-605 (1229) |
0X 0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609CTR<$100 | Downavg 21¢ | $21.85 | $11.98 | -$9.87 | 51% 2495-2439 (4934) |
PL ply-pm2CTR<$100 | Downavg 42.3¢ | $8.45 | $8.3 | -$0.15 | 54% 1878-1606 (3484) |
0X 0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507CTR<$100 | Downavg 12.8¢ | $9.38 | $4.76 | +$7.78 | 45% 29-36 (65) |
AA aaa221CTR<$100 | Downavg 30.7¢ | $1.9 | $1.02 | -$0.88 | 60% 3075-2056 (5131) |
Invested
$500
Value
$499.02
PnL
+$0.02
Record
55%
2727-2200 (4927)
Both legs:
Invested
$91.33
Value
$88.11
PnL
-$3.22
Record
49%
802-821 (1623)
Polkadot-Frog<$100Invested
$55.72
Value
$61.12
PnL
+$6.6
Record
51%
1762-1676 (3438)
Invested
$47.8
Value
$49.92
PnL
+$2.13
Record
49%
1538-1576 (3114)
Invested
$36.92
Value
$38.46
PnL
+$1.54
Record
51%
624-605 (1229)
Invested
$21.85
Value
$11.98
PnL
-$9.87
Record
51%
2495-2439 (4934)
Invested
$8.45
Value
$8.3
PnL
-$0.15
Record
54%
1878-1606 (3484)
Invested
$9.38
Value
$4.76
PnL
+$7.78
Record
45%
29-36 (65)
Invested
$1.9
Value
$1.02
PnL
-$0.88
Record
60%
3075-2056 (5131)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
3.5¢ price + 1.0¢ spread + 0.3¢ 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
peepeepoopoo24
Up — $88.11

Polkadot-Frog
Up — $61.12
0x502b532F55778c0985846Dc53a9bc71eB4F33b15-1761320484518
CTRDown — $49.92
PBot-6
CTRDown — $38.46
0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609
CTRDown — $11.98
ply-pm2
CTRDown — $8.3
0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507
CTRDown — $4.76
aaa221
CTRDown — $1.02