Smart money holds the underdog side
Most tracked traders hold Under, while the market favors Over (93%). 4 of 9 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Raptors vs. Nuggets: O/U 235.5
4 of 9 top Polymarket traders hold Under (44%) · Under at 7.0¢ · $2K held · ended Nov 5
⚠️
Avoid
Under
9
Under 44%
1 arb excluded
$2.3K
-$25.82
51.6¢ → 7¢
-86% since entry · 4 traders
Research grade
AvoidUnder at 7%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
- 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.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
4 of 9 top traders (44%)Underdog side (market favors Over 93%)1 arbitrage trader dimmed4 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
MA marvelousmarvinCTR | Underavg 54.2¢ | $1.1K | $983.25 | -$105.26 | 55% 21-17 (38) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872 | Overavg 48.1¢ | $554.73 | $599.86 | +$45.14 | 56% 7944-6252 (14196) |
FL FlaznorpARB<$100 | Overavg 75.7¢ | $354.68 | $326.52 | -$28.16 | 51% 24552-23218 (47770) |
| └ Over leg | Overavg 75.7¢ | $233.91 | $261.13 | +$27.23 | |
| └ Under leg | Underavg 28.6¢ | $120.77 | $65.39 | -$55.39 | |
KE keeptheblueflagflyinghigh | Overavg 47¢ | $158.23 | $171.69 | +$13.47 | 46% 1423-1681 (3104) |
JU justaluckydude<$100 | Overavg 53.2¢ | $97.85 | $93.84 | -$4.01 | 53% 11951-10480 (22431) |
TO topdogbigboiCTR<$100 | Underavg 11¢ | $10.88 | $32.97 | +$22.09 | 47% 11271-12651 (23922) |
PA Pan9X<$100 | Overavg 47¢ | $23.5 | $25.5 | +$2 | 50% 4211-4243 (8454) |
0X 0x1bc32be106439240f59aa25668e613831a5cdc6eCTR<$100 | Underavg 35.1¢ | $14.05 | $19.6 | +$5.55 | 61% 2451-1573 (4024) |
GH ghorrock<$100 | Overavg 40¢ | $4.62 | $5.89 | +$1.27 | 58% 19774-14525 (34299) |
38 38791873984189CTR<$100 | Underavg 15¢ | $9.1 | $3.03 | -$6.07 | 48% 59829-63853 (123682) |
Invested
$1,088.51
Value
$983.25
PnL
-$105.26
Record
55%
21-17 (38)
Invested
$554.73
Value
$599.86
PnL
+$45.14
Record
56%
7944-6252 (14196)
Invested
$354.68
Value
$326.52
PnL
-$28.16
Record
51%
24552-23218 (47770)
Both legs:
Invested
$158.23
Value
$171.69
PnL
+$13.47
Record
46%
1423-1681 (3104)
Invested
$97.85
Value
$93.84
PnL
-$4.01
Record
53%
11951-10480 (22431)
Invested
$10.88
Value
$32.97
PnL
+$22.09
Record
47%
11271-12651 (23922)
Invested
$23.5
Value
$25.5
PnL
+$2
Record
50%
4211-4243 (8454)
Invested
$14.05
Value
$19.6
PnL
+$5.55
Record
61%
2451-1573 (4024)
Invested
$4.62
Value
$5.89
PnL
+$1.27
Record
58%
19774-14525 (34299)
Invested
$9.1
Value
$3.03
PnL
-$6.07
Record
48%
59829-63853 (123682)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
7.0¢ price + 1.0¢ spread + 0.4¢ 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
marvelousmarvin
CTRUnder — $983.25
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
Over — $599.86
Flaznorp
ARBArbitrage — excluded
keeptheblueflagflyinghigh
Over — $171.69
justaluckydude
Over — $93.84
topdogbigboi
CTRUnder — $32.97
Pan9X
Over — $25.5
0x1bc32be106439240f59aa25668e613831a5cdc6e
CTRUnder — $19.6
ghorrock
Over — $5.89
38791873984189
CTRUnder — $3.03