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Smart money holds the underdog side

Most tracked traders hold Bears, while the market favors Seahawks (76%). 1 of 6 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: Bears (-5.5)

1 of 6 top Polymarket traders hold Bears (17%) · Bears at 24¢ · $4K held · ends Nov 3

Bears24¢Seahawks76¢Ends Tue, Nov 3, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Bears

Consensus Traders

6

Bears 17%

Total Value

$3.5K

Combined PnL

$231.87

Research grade

AvoidBears at 24%

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.
  • 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

Bears

1 of 6 top traders (17%)Underdog side (market favors Seahawks 76%)1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Bears24%
Seahawks76%

Smart Money Breakdown by Outcome

Bears1 trader
Total Value$2.0K
Total Shares8,000
Combined PnL-$200
Seahawks5 traders
Total Value$1.5K
Total Shares2,013
Combined PnL+$431.87
Bears — 17%Seahawks — 83%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

1 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

20% of non-arb traders are on Bears. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleBears 100% · 1
Aligned
ctrSeahawks 80% · 5
Diverging
Top 1000Seahawks 80% · 5
Diverging

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EV Calculator

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

Break-even chance25.9%

24.0¢ price + 1.0¢ spread + 0.9¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$285.54
Max Loss
-$100.00
Shares
385.5

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
0x1452c733...13139c
Slug
nfl-chi-sea-2026-11-03-spread-away-5pt5
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