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Spread: New Zealand (-3.5)

6 of 8 top Polymarket traders hold New Zealand (75%) · New Zealand at 95¢ · $4K held · ended Nov 12

New Zealand95¢India5¢Ended Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

New Zealand

Consensus Traders

8

New Zealand 75%

Total Value

$3.5K

Combined PnL

-$161.41

Smart Money Entry

80.4¢ → 95¢

+18% since entry · 6 traders

Research grade

NeutralNew Zealand at 95%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • 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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

New Zealand

6 of 8 top traders (75%)2 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

New Zealand95%
India5%

Smart Money Breakdown by Outcome

New Zealand6 traders
Total Value$3.5K
Total Shares3,522
Combined PnL-$161.36
India2 traders
Total Value$20.17
Total Shares174
Combined PnL-$0.05
New Zealand — 75%India — 25%

Signal Intelligence

Momentum

Surging

+42 pts consensus

Breadth

6 traders

Top 2 hold 82%

Freshness

Fresh

1h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

75% of non-arb traders are on New Zealand. Concentration is driven by the top two positions owning 82% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrNew Zealand 60% · 5
Aligned
Top 1000New Zealand 75% · 8
Aligned

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EV Calculator

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

Break-even chance96.2%

95.0¢ price + 1.0¢ spread + 0.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$3.96
Max Loss
-$100.00
Shares
104.0

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
0xae52728c...3b0824
Slug
fif-nzl-ind-2026-11-12-spread-home-3pt5
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