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Spread: New Zealand (-1.5)

3 of 10 top Polymarket traders hold New Zealand (30%) · New Zealand at 75¢ · $1K held · ends Nov 15

New Zealand75¢India25¢Ends Sun, Nov 15, 2026View on Polymarket
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Neutral

New Zealand

Consensus Traders

10

New Zealand 30%

1 arb excluded

Total Value

$1.4K

Combined PnL

-$105.04

Smart Money Entry

73.8¢ → 74.5¢

+1% since entry · 3 traders

Research grade

NeutralNew Zealand at 75%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • 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

3 of 10 top traders (30%)1 arbitrage trader dimmed7 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

New Zealand75%
India26%

Smart Money Breakdown by Outcome

New Zealand3 traders
Total Value$615.51
Total Shares846
Combined PnL-$8.58
India7 traders
Total Value$579.52
Total Shares2,038
Combined PnL-$96.45
New Zealand — 30%India — 70%

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EV Calculator

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

Break-even chance76.4%

74.5¢ price + 1.0¢ spread + 0.9¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$30.85
Max Loss
-$100.00
Shares
130.8

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
0x66fcc35f...89d48f
Slug
fif-nzl-ind-2026-11-14-spread-home-1pt5
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