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Smart money holds the underdog side

Most tracked traders hold Bengals, while the market favors Ravens (66%). 3 of 4 traders hold an outcome priced under 50%.

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

Spread: Bengals (-6.5)

3 of 4 top Polymarket traders hold Bengals (75%) · Bengals at 34¢ · $1K held · ended Oct 25

Bengals34¢Ravens66¢Ended Sun, Oct 25, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Bengals

Consensus Traders

4

Bengals 75%

Total Value

$1.3K

Combined PnL

$395.78

Smart Money Entry

22.5¢ → 34¢

+51% since entry · 3 traders

Research grade

NeutralBengals at 34%

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Side priced 30–50¢0.30–0.50 lost −6.5 % a trade pooled (n 2,793), a little worse than the plain consensus.

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

Bengals

3 of 4 top traders (75%)Underdog side (market favors Ravens 66%)3 hold an outcome priced under 50%

Market Activity
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Outcome Probabilities

Bengals34%
Ravens66%

Smart Money Breakdown by Outcome

Bengals3 traders
Total Value$1.2K
Total Shares3,427
Combined PnL+$393.95
Ravens1 trader
Total Value$120.78
Total Shares183
Combined PnL+$1.83
Bengals — 75%Ravens — 25%

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EV Calculator

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

Break-even chance36.1%

34.0¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$176.72
Max Loss
-$100.00
Shares
276.7

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
0x7c01f81c...7f4fd5
Slug
nfl-cin-bal-2026-10-25-spread-away-6pt5
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