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Spread: Bengals (-4.5)

1 of 3 top Polymarket traders hold Ravens (33%) · Ravens at 71¢ · $390 held · ended Oct 25

Bengals29¢Ravens71¢Ended Sun, Oct 25, 2026View on Polymarket
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Neutral

Ravens

Consensus Traders

3

Ravens 33%

Total Value

$390.4

Combined PnL

-$312.7

Research grade

NeutralRavens at 71%

No measured edge either way. The plain consensus (5+ holders, 60 %+, held to resolution) lost −4.8 % a trade after costs (n 10,051, 95 % CI −6.5 to −3.1 %).

  • Spread or totalSpreads 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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Favourite (60–95¢)0.70–0.90 was about break-even after costs, +0.4 % a trade (n 4,327); 0.60–0.95 with 70 %+ and $10k+ +2.9 % (n 955). The consensus beats its price by 2–3 points here, about what the costs take.

Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.

Smart Money Signal

Ravens

1 of 3 top traders (33%)2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Bengals29%
Ravens71%

Smart Money Breakdown by Outcome

Ravens1 trader
Total Value$315
Total Shares1,000
Combined PnL-$265
Bengals2 traders
Total Value$75.4
Total Shares260
Combined PnL-$47.7
Ravens — 33%Bengals — 67%

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EV Calculator

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

Break-even chance73.0%

71.0¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$36.97
Max Loss
-$100.00
Shares
137.0

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
0x87cd032d...c053f1
Slug
nfl-cin-bal-2026-10-25-spread-away-4pt5
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