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Spread: FC Barcelona (-3.5)

9 of 9 top Polymarket traders hold Deportivo Alavés (100%) · Deportivo Alavés at 57¢ · $30K held · ended Oct 31

FC Barcelona43¢Deportivo Alavés57¢Ended Sat, Oct 31, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Deportivo Alavés

Consensus Traders

9

Deportivo Alavés 100%

1 arb excluded

Total Value

$29.6K

Combined PnL

$50.9

Smart Money Entry

65.3¢ → 57¢

-13% since entry · 9 traders

Research grade

NeutralDeportivo Alavés at 57%

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 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Deportivo Alavés

9 of 9 top traders (100%)1 arbitrage trader dimmed4 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

FC Barcelona43%
Deportivo Alavés57%

Smart Money Breakdown by Outcome

Deportivo Alavés9 traders
Total Value$26.8K
Total Shares40,832
Combined PnL+$50.9

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 85%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

100% of non-arb traders are on Deportivo Alavés. Concentration is driven by the top two positions owning 85% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleDeportivo Alavés 100% · 1
Aligned
ctrDeportivo Alavés 100% · 5
Aligned
Hand-pickedDeportivo Alavés 100% · 1
Aligned
Top 1000Deportivo Alavés 100% · 6
Aligned

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EV Calculator

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

Break-even chance59.2%

57.0¢ 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
+$68.87
Max Loss
-$100.00
Shares
168.9

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
0xbe036e85...766419
Slug
lal-bar-ala-2026-10-31-spread-home-3pt5
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