Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (74%). 1 of 2 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will the highest temperature in Paris be 13°C on November 1?
1 of 2 top Polymarket traders hold Yes (50%) · Yes at 26¢ · $843 held · ends Nov 1
⚠️
Avoid
Yes
2
Yes 50%
2 arb excluded
$843.48
-$0.32
Research grade
AvoidYes at 26%
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.
- 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.
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
1 of 2 top traders (50%)Underdog side (market favors No 74%)2 arbitrage traders dimmed1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0xeb1b3ef2729ab7be83e1337ec81f24467c7f87c0ARB<$100 | Noavg 73.3¢ | $652.83 | $659.14 | +$6.32 | 50% 647-636 (1283) |
| └ No leg | Noavg 73.3¢ | $493.39 | $498.2 | +$4.81 | |
| └ Yes leg | Yesavg 25.8¢ | $159.44 | $160.95 | +$1.5 | |
![]() IstarothARB<$100 | Noavg 75.1¢ | $140.11 | $136.76 | -$3.12 | 20% 312-1273 (1585) |
| └ No leg | Noavg 75.1¢ | $102.72 | $101.2 | -$1.51 | |
| └ Yes leg | Yesavg 27.2¢ | $37.18 | $35.56 | -$1.61 | |
24 241532532432CTR<$100 | Yesavg 23.9¢ | $42.04 | $41.41 | -$0.63 | 59% 1805-1255 (3060) |
GH ghorrock<$100 | Noavg 70.3¢ | $5.85 | $6.16 | +$0.31 | 57% 13766-10533 (24299) |
Invested
$652.83
Value
$659.14
PnL
+$6.32
Record
50%
647-636 (1283)
Both legs:
IstarothARB<$100Invested
$140.11
Value
$136.76
PnL
-$3.12
Record
20%
312-1273 (1585)
Both legs:
Invested
$42.04
Value
$41.41
PnL
-$0.63
Record
59%
1805-1255 (3060)
Invested
$5.85
Value
$6.16
PnL
+$0.31
Record
57%
13766-10533 (24299)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
26.0¢ price + 1.0¢ spread + 1.0¢ 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.