Smart money holds the underdog side
Most tracked traders hold Alejandro Manzanera Pertusa, while the market favors Ian Pedersen Lozano (63%). 3 of 5 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

M15 Las Palmas de Gran Canaria: Alejandro Manzanera Pertusa vs Ian Pedersen Lozano
3 of 5 top Polymarket traders hold Alejandro Manzanera Pertusa (60%) · Alejandro Manzanera Pertusa at 37¢ · $1K held · ends Nov 17
⚖️
Neutral
Alejandro Manzanera Pertusa
5
Alejandro Manzanera Pertusa 60%
2 arb excluded
$1.1K
-$7.45
71.2¢ → 37¢
-48% since entry · 3 traders
Research grade
NeutralAlejandro Manzanera Pertusa at 37%
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 %).
- 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
3 of 5 top traders (60%)Underdog side (market favors Ian Pedersen Lozano 63%)2 arbitrage traders dimmed3 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
38 38791873984189ARB<$100 | Ian Pedersen Lozanoavg 35.6¢ | $992.12 | $570.71 | -$203.33 | 48% 733-802 (1535) |
| └ Ian Pedersen Lozano leg | Ian Pedersen Lozanoavg 35.6¢ | $444.02 | $293.18 | -$173.68 | |
| └ Alejandro Manzanera Pertusa leg | Alejandro Manzanera Pertusaavg 80.1¢ | $290.51 | $277.53 | -$29.66 | |
CI cigarettesARB<$100 | Ian Pedersen Lozanoavg 33¢ | $345.7 | $353.64 | +$7.94 | 52% 5311-4816 (10127) |
| └ Ian Pedersen Lozano leg | Ian Pedersen Lozanoavg 33¢ | $198.91 | $222.48 | +$23.58 | |
| └ Alejandro Manzanera Pertusa leg | Alejandro Manzanera Pertusaavg 70.6¢ | $146.79 | $131.15 | -$15.64 | |
ZT ZTMZqClEsjMmwCDWXoGCTR | Alejandro Manzanera Pertusaavg 70.7¢ | $119.99 | $129.34 | +$9.35 | 10% 39-369 (408) |
0X 0xdbdd45150249e229eB4cA8aa48A30Dca21Faa5de-1757094771846<$100 | Ian Pedersen Lozanoavg 30.8¢ | $70.94 | $66.58 | -$4.36 | 22% 81-290 (371) |
![]() dips.CTR<$100 | Alejandro Manzanera Pertusaavg 85¢ | $8.58 | $9.39 | +$0.81 | 42% 189-263 (452) |
LR lryyyCTR<$100 | Alejandro Manzanera Pertusaavg 65.4¢ | $7.19 | $7.84 | +$0.64 | 50% 128-129 (257) |
US User7429<$100 | Ian Pedersen Lozanoavg 25.6¢ | $47.43 | $4.87 | -$13.89 | 15% 57-311 (368) |
Invested
$992.12
Value
$570.71
PnL
-$203.33
Record
48%
733-802 (1535)
Both legs:
Invested
$345.7
Value
$353.64
PnL
+$7.94
Record
52%
5311-4816 (10127)
Both legs:
Invested
$119.99
Value
$129.34
PnL
+$9.35
Record
10%
39-369 (408)
Invested
$70.94
Value
$66.58
PnL
-$4.36
Record
22%
81-290 (371)
dips.CTR<$100Invested
$8.58
Value
$9.39
PnL
+$0.81
Record
42%
189-263 (452)
Invested
$7.19
Value
$7.84
PnL
+$0.64
Record
50%
128-129 (257)
Invested
$47.43
Value
$4.87
PnL
-$13.89
Record
15%
57-311 (368)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
37.0¢ price + 1.0¢ spread + 1.2¢ fee (Sports 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.
Market Info
Traders in this Market
38791873984189
ARBArbitrage — excluded
cigarettes
ARBArbitrage — excluded
ZTMZqClEsjMmwCDWXoG
CTRAlejandro Manzanera Pertusa — $129.34
0xdbdd45150249e229eB4cA8aa48A30Dca21Faa5de-1757094771846
Ian Pedersen Lozano — $66.58

dips.
CTRAlejandro Manzanera Pertusa — $9.39
lryyy
CTRAlejandro Manzanera Pertusa — $7.84
User7429
Ian Pedersen Lozano — $4.87