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Spread: Panthers (-6.5)

2 of 8 top Polymarket traders hold Panthers (25%) · Panthers at 52¢ · $12K held · ended Nov 15

Panthers52¢Saints48¢Ended Sun, Nov 15, 2026View on Polymarket
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Neutral

Panthers

Consensus Traders

8

Panthers 25%

Total Value

$11.9K

Combined PnL

$928.58

Smart Money Entry

58.4¢ → 51.5¢

-12% since entry · 2 traders

Research grade

NeutralPanthers at 52%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • 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

Panthers

2 of 8 top traders (25%)6 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Panthers52%
Saints49%

Smart Money Breakdown by Outcome

Panthers2 traders
Total Value$5.3K
Total Shares10,224
Combined PnL-$712.97
Saints6 traders
Total Value$6.6K
Total Shares11,243
Combined PnL+$1.6K
Panthers — 25%Saints — 75%

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EV Calculator

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

Break-even chance53.7%

51.5¢ 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
+$86.06
Max Loss
-$100.00
Shares
186.1

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
0x64e13213...34343a
Slug
nfl-car-no-2026-11-15-spread-away-6pt5
Trade on Polymarket