Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (70%). 2 of 4 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will the highest temperature in Munich be 8°C on November 8?
2 of 4 top Polymarket traders hold Yes (50%) · Yes at 30¢ · $99 held · ends Nov 8
⚖️
Neutral
Yes
4
Yes 50%
$99.21
$37.36
Research grade
NeutralYes at 30%
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 %).
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
- 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
2 of 4 top traders (50%)Underdog side (market favors No 70%)2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x65f7226a82e093e5115e47ec2f4f7e733cd28b98CTR | Yesavg 3.6¢ | $387.72 | $50.5 | +$32.67 | 37% 891-1523 (2414) |
CI cigarettes<$100 | Noavg 66.1¢ | $37.16 | $41.01 | +$3.86 | 53% 24313-21381 (45694) |
GH ghorrockCTR<$100 | Yesavg 24.7¢ | $7.35 | $5.32 | +$0.97 | 58% 21660-15754 (37414) |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBed<$100 | Noavg 74¢ | $2.52 | $2.38 | -$0.14 | 53% 8676-7782 (16458) |
Invested
$387.72
Value
$50.5
PnL
+$32.67
Record
37%
891-1523 (2414)
Invested
$37.16
Value
$41.01
PnL
+$3.86
Record
53%
24313-21381 (45694)
Invested
$7.35
Value
$5.32
PnL
+$0.97
Record
58%
21660-15754 (37414)
Invested
$2.52
Value
$2.38
PnL
-$0.14
Record
53%
8676-7782 (16458)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
30.0¢ price + 1.0¢ spread + 1.1¢ fee (Other / General 5%). 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.