
Spread: Broncos (-6.5)
7 of 12 top Polymarket traders hold Panthers (58%) · Panthers at 61¢ · $8K held · ended Nov 8
⚖️
Neutral
Panthers
12
Panthers 58%
1 arb excluded
$7.8K
$146.04
54.7¢ → 60.5¢
+11% since entry · 7 traders
Research grade
NeutralPanthers at 61%
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.
- Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.
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
7 of 12 top traders (58%)1 arbitrage trader dimmed5 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
4 traders
Top 2 hold 77%
Freshness
Fresh
0h old
Flip Quality
Clean
0 consensus flips
67% of non-arb traders are on Panthers. Concentration is driven by the top two positions owning 77% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
CM cm2897 | Panthersavg 46¢ | $2.1K | $2.6K | +$561.88 | 50% 2563-2606 (5169) |
![]() RN1ARB<$100 | Broncosavg 54¢ | $2.2K | $1.4K | -$740.39 | 53% 70182-61748 (131930) |
| └ Panthers leg | Panthersavg 67.6¢ | $850.14 | $1.1K | +$212.87 | |
| └ Broncos leg | Broncosavg 54¢ | $1.3K | $383.78 | -$953.26 | |
0X 0x9b11866433281ade9f2811dbde8acdefc45f5375CTR | Broncosavg 42.1¢ | $1.2K | $1.2K | +$35.59 | 50% 5197-5095 (10292) |
38 38791873984189 | Panthersavg 62.1¢ | $1.2K | $1.1K | -$34.59 | 48% 70249-75962 (146211) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872 | Panthersavg 67¢ | $670 | $585 | -$85 | 57% 17052-13027 (30079) |
SU SunlineTicker | Panthersavg 65¢ | $325.11 | $283.43 | -$41.68 | 54% 5360-4574 (9934) |
65 6512395314597884 | Panthersavg 62.3¢ | $149.6 | $145.2 | -$4.4 | 51% 5657-5508 (11165) |
JU justaluckydudeCTR | Broncosavg 47.4¢ | $149.2 | $124.43 | -$24.77 | 53% 13661-12046 (25707) |
PA Pan9X | Panthersavg 67.2¢ | $135.69 | $109.1 | -$17.78 | 52% 27203-24713 (51916) |
AN Anon455CTR | Broncosavg 54¢ | $216.54 | $42.11 | -$174.44 | 54% 3933-3292 (7225) |
![]() nigiri99CTR<$100 | Broncosavg 35¢ | $19.25 | $36.03 | +$16.78 | 45% 14423-17722 (32145) |
BI biying88888CTR | Broncosavg 40¢ | $116.8 | $30.66 | -$86.14 | 48% 233-252 (485) |
0X 0x1bc32be106439240f59aa25668e613831a5cdc6e<$100 | Panthersavg 59¢ | $23.6 | $24.2 | +$0.6 | 53% 3744-3342 (7086) |
Invested
$2,067.7
Value
$2.6K
PnL
+$561.88
Record
50%
2563-2606 (5169)
RN1ARB<$100Invested
$2,187.18
Value
$1.4K
PnL
-$740.39
Record
53%
70182-61748 (131930)
Both legs:
Invested
$1,199.74
Value
$1.2K
PnL
+$35.59
Record
50%
5197-5095 (10292)
Invested
$1,187.94
Value
$1.1K
PnL
-$34.59
Record
48%
70249-75962 (146211)
Invested
$670
Value
$585
PnL
-$85
Record
57%
17052-13027 (30079)
Invested
$325.11
Value
$283.43
PnL
-$41.68
Record
54%
5360-4574 (9934)
Invested
$149.6
Value
$145.2
PnL
-$4.4
Record
51%
5657-5508 (11165)
Invested
$149.2
Value
$124.43
PnL
-$24.77
Record
53%
13661-12046 (25707)
Invested
$135.69
Value
$109.1
PnL
-$17.78
Record
52%
27203-24713 (51916)
Invested
$216.54
Value
$42.11
PnL
-$174.44
Record
54%
3933-3292 (7225)
nigiri99CTR<$100Invested
$19.25
Value
$36.03
PnL
+$16.78
Record
45%
14423-17722 (32145)
Invested
$116.8
Value
$30.66
PnL
-$86.14
Record
48%
233-252 (485)
Invested
$23.6
Value
$24.2
PnL
+$0.6
Record
53%
3744-3342 (7086)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
60.5¢ price + 1.0¢ spread + 1.2¢ 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
cm2897
Panthers — $2.6K

RN1
ARBArbitrage — excluded
0x9b11866433281ade9f2811dbde8acdefc45f5375
CTRBroncos — $1.2K
38791873984189
Panthers — $1.1K
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
Panthers — $585
SunlineTicker
Panthers — $283.43
6512395314597884
Panthers — $145.2
justaluckydude
CTRBroncos — $124.43
Pan9X
Panthers — $109.1
Anon455
CTRBroncos — $42.11