Smart money holds the underdog side
Most tracked traders hold Heat, while the market favors Hawks (59%). 2 of 5 traders hold an outcome priced under 50%.

Heat vs. Hawks
2 of 5 top Polymarket traders hold Heat (40%) · Heat at 42¢ · $3K held · ends Oct 28
⚠️
Avoid
Heat
5
Heat 40%
$3.3K
-$28.89
43¢ → 41.5¢
-4% since entry · 2 traders
Research grade
AvoidHeat at 42%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that 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 5 top traders (40%)Underdog side (market favors Hawks 59%)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 |
|---|---|---|---|---|---|
PU purplegattoCTR | Heatavg 43.1¢ | $1.7K | $1.6K | -$21.63 | 50% 5750-5854 (11604) |
QW QWUERHAIUKSJNFSNCF | Hawksavg 58¢ | $1.5K | $1.5K | -$13.33 | 54% 368-319 (687) |
![]() RollAwayTheDew<$100 | Hawksavg 49¢ | $37.24 | $43.7 | +$6.46 | 53% 301-270 (571) |
LE LeLynxMalynxCTR<$100 | Heatavg 42.3¢ | $39.59 | $39.07 | -$0.52 | 58% 27963-20593 (48556) |
HE hedgevaultmainnet1<$100 | Hawksavg 57¢ | $15.5 | $15.64 | +$0.14 | 53% 2069-1826 (3895) |
Invested
$1,661.07
Value
$1.6K
PnL
-$21.63
Record
50%
5750-5854 (11604)
Invested
$1,546.34
Value
$1.5K
PnL
-$13.33
Record
54%
368-319 (687)
RollAwayTheDew<$100Invested
$37.24
Value
$43.7
PnL
+$6.46
Record
53%
301-270 (571)
Invested
$39.59
Value
$39.07
PnL
-$0.52
Record
58%
27963-20593 (48556)
Invested
$15.5
Value
$15.64
PnL
+$0.14
Record
53%
2069-1826 (3895)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
41.5¢ 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.