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Smart money holds the underdog side

Most tracked traders hold Olimpia Milano, while the market favors Olympiacos B.C. (80%). 2 of 8 traders hold an outcome priced under 50%.

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

Olympiacos B.C. vs. Olimpia Milano

2 of 8 top Polymarket traders hold Olimpia Milano (25%) · Olimpia Milano at 20¢ · $5K held · ended Oct 30

Olympiacos B.C.80¢Olimpia Milano20¢Ended Fri, Oct 30, 2026View on Polymarket
SIGNAL

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Avoid

Olimpia Milano

Consensus Traders

8

Olimpia Milano 25%

1 arb excluded

Total Value

$5.0K

Combined PnL

$164.94

Smart Money Entry

20¢ → 20¢

+0% since entry · 2 traders

Research grade

AvoidOlimpia Milano at 20%

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.
  • BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that 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

Olimpia Milano

2 of 8 top traders (25%)Underdog side (market favors Olympiacos B.C. 80%)1 arbitrage trader dimmed2 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Olympiacos B.C.80%
Olimpia Milano20%

Smart Money Breakdown by Outcome

Olimpia Milano2 traders
Total Value$2.5K
Total Shares11,451
Combined PnL+$176.54
Olympiacos B.C.6 traders
Total Value$2.0K
Total Shares2,559
Combined PnL-$11.59
Olimpia Milano — 25%Olympiacos B.C. — 75%

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EV Calculator

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

Break-even chance21.8%

20.0¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$358.10
Max Loss
-$100.00
Shares
458.1

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
0x6168fb6d...4d73ad
Slug
euroleague-olympiac-milano-2026-10-30
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