Smart money holds the underdog side
Most tracked traders hold Under, while the market favors Over (69%). 7 of 10 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Heat vs. Kings: O/U 233.5
7 of 10 top Polymarket traders hold Under (70%) · Under at 31¢ · $6K held · ends Nov 9
⚠️
Avoid
Under
10
Under 70%
1 arb excluded
$5.7K
-$196.67
46.1¢ → 31¢
-33% since entry · 7 traders
Research grade
AvoidUnder at 31%
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.
- 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
7 of 10 top traders (70%)Underdog side (market favors Over 69%)1 arbitrage trader dimmed7 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 |
|---|---|---|---|---|---|
FL FlaznorpARB<$100 | Underavg 44.6¢ | $2.0K | $1.7K | -$224.66 | 52% 47368-44608 (91976) |
| └ Under leg | Underavg 44.6¢ | $1.3K | $1.0K | -$276.23 | |
| └ Over leg | Overavg 60.5¢ | $686.47 | $738.04 | +$51.57 | |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872CTR | Underavg 45.5¢ | $1.4K | $1.2K | -$214.9 | 57% 17059-13038 (30097) |
0X 0x9b11866433281ade9f2811dbde8acdefc45f5375 | Overavg 58.3¢ | $1.0K | $1.1K | +$51.44 | 50% 5216-5115 (10331) |
TA takeormake | Overavg 58.6¢ | $646.6 | $761.82 | +$115.22 | 52% 5562-5184 (10746) |
BI biying88888CTR | Underavg 49.2¢ | $490.23 | $408.13 | -$82.1 | 47% 242-270 (512) |
![]() RN1CTR | Underavg 39.6¢ | $237.85 | $231.26 | -$6.59 | 53% 70249-61821 (132070) |
LI LimousinCTR | Underavg 49.2¢ | $205.64 | $171.2 | -$34.44 | 49% 2223-2352 (4575) |
LI LightParadoxCTR<$100 | Underavg 50.9¢ | $70.59 | $56.14 | -$14.45 | 47% 2157-2403 (4560) |
VE VenusianCTR<$100 | Underavg 51.2¢ | $68.48 | $54.78 | -$13.7 | 47% 2189-2445 (4634) |
GH ghorrock<$100 | Overavg 56.2¢ | $18.04 | $11.42 | +$3.29 | 57% 24691-18283 (42974) |
JO JoeyAroyyOOCTR<$100 | Underavg 43.2¢ | $8.64 | $8.2 | -$0.44 | 49% 115-122 (237) |
Invested
$1,965.35
Value
$1.7K
PnL
-$224.66
Record
52%
47368-44608 (91976)
Both legs:
Invested
$1,390.35
Value
$1.2K
PnL
-$214.9
Record
57%
17059-13038 (30097)
Invested
$1,030.29
Value
$1.1K
PnL
+$51.44
Record
50%
5216-5115 (10331)
Invested
$646.6
Value
$761.82
PnL
+$115.22
Record
52%
5562-5184 (10746)
Invested
$490.23
Value
$408.13
PnL
-$82.1
Record
47%
242-270 (512)
RN1CTRInvested
$237.85
Value
$231.26
PnL
-$6.59
Record
53%
70249-61821 (132070)
Invested
$205.64
Value
$171.2
PnL
-$34.44
Record
49%
2223-2352 (4575)
Invested
$70.59
Value
$56.14
PnL
-$14.45
Record
47%
2157-2403 (4560)
Invested
$68.48
Value
$54.78
PnL
-$13.7
Record
47%
2189-2445 (4634)
Invested
$18.04
Value
$11.42
PnL
+$3.29
Record
57%
24691-18283 (42974)
Invested
$8.64
Value
$8.2
PnL
-$0.44
Record
49%
115-122 (237)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
31.0¢ price + 1.0¢ spread + 1.1¢ 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
Flaznorp
ARBArbitrage — excluded
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
CTRUnder — $1.2K
0x9b11866433281ade9f2811dbde8acdefc45f5375
Over — $1.1K
takeormake
Over — $761.82
biying88888
CTRUnder — $408.13

RN1
CTRUnder — $231.26
Limousin
CTRUnder — $171.2
LightParadox
CTRUnder — $56.14
Venusian
CTRUnder — $54.78
ghorrock
Over — $11.42