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Smart money holds the underdog side

Most tracked traders hold Benevento Calcio, while the market favors US Catanzaro 1929 (68%). 3 of 5 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: Benevento Calcio (-1.5)

3 of 5 top Polymarket traders hold Benevento Calcio (60%) · Benevento Calcio at 32¢ · $1K held · ended Oct 27

Benevento Calcio32¢US Catanzaro 192968¢Ended Tue, Oct 27, 2026View on Polymarket
SIGNAL

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Neutral

Benevento Calcio

Consensus Traders

5

Benevento Calcio 60%

Total Value

$1.2K

Combined PnL

$26.85

Smart Money Entry

31.7¢ → 32¢

+1% since entry · 3 traders

Research grade

NeutralBenevento Calcio at 32%

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

Benevento Calcio

3 of 5 top traders (60%)Underdog side (market favors US Catanzaro 1929 68%)3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Benevento Calcio32%
US Catanzaro 192968%

Smart Money Breakdown by Outcome

Benevento Calcio3 traders
Total Value$711.81
Total Shares2,191
Combined PnL+$22.93
US Catanzaro 19292 traders
Total Value$445.13
Total Shares620
Combined PnL+$3.92
Benevento Calcio — 60%US Catanzaro 1929 — 40%

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EV Calculator

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

Break-even chance34.1%

32.0¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$193.21
Max Loss
-$100.00
Shares
293.2

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
0xcd5cb821...db186e
Slug
itsb-ben-cat-2026-10-27-spread-home-1pt5
Trade on Polymarket