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Smart money holds the underdog side

Most tracked traders hold PS Kalamáta, while the market favors AS Néstos Chrysoúpolis (55%). 3 of 5 traders hold an outcome priced under 50%.

Spread: PS Kalamáta (-1.5)

3 of 5 top Polymarket traders hold PS Kalamáta (60%) · PS Kalamáta at 45¢ · $10K held · ended Oct 28

PS Kalamáta45¢AS Néstos Chrysoúpolis55¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

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Neutral

PS Kalamáta

Consensus Traders

5

PS Kalamáta 60%

2 arb excluded

Total Value

$10.1K

Combined PnL

$31.15

Smart Money Entry

54.8¢ → 45¢

-18% since entry · 3 traders

Research grade

NeutralPS Kalamáta at 45%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

PS Kalamáta

3 of 5 top traders (60%)Underdog side (market favors AS Néstos Chrysoúpolis 55%)2 arbitrage traders dimmed3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

PS Kalamáta45%
AS Néstos Chrysoúpolis55%

Smart Money Breakdown by Outcome

PS Kalamáta3 traders
Total Value$2.0K
Total Shares3,352
Combined PnL+$35
AS Néstos Chrysoúpolis2 traders
Total Value$101.61
Total Shares166
Combined PnL-$3.84
PS Kalamáta — 60%AS Néstos Chrysoúpolis — 40%

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EV Calculator

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

Break-even chance47.2%

45.0¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$111.68
Max Loss
-$100.00
Shares
211.7

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
0x80bdded3...41f47d
Slug
grc-anc-pk-2026-10-28-spread-away-1pt5
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