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Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (56%). 6 of 9 traders hold an outcome priced under 50%.

Jaguars vs. Ravens: O/U 42.5

6 of 9 top Polymarket traders hold Over (67%) · Over at 44¢ · $3K held · ends Nov 6

Over44¢Under56¢Ends Fri, Nov 6, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Over

Consensus Traders

9

Over 67%

1 arb excluded

Total Value

$2.6K

Combined PnL

-$49.37

Smart Money Entry

46.5¢ → 43.5¢

-6% since entry · 6 traders

Research grade

NeutralOver at 44%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Over

6 of 9 top traders (67%)Underdog side (market favors Under 56%)1 arbitrage trader dimmed6 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over44%
Under56%

Smart Money Breakdown by Outcome

Over6 traders
Total Value$1.1K
Total Shares2,412
Combined PnL-$16.42
Under3 traders
Total Value$893.26
Total Shares1,764
Combined PnL-$32.95
Over — 67%Under — 33%

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EV Calculator

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

Break-even chance45.7%

43.5¢ 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
+$118.65
Max Loss
-$100.00
Shares
218.7

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
0x4fd418ab...1cad2d
Slug
nfl-jax-bal-2026-11-06-total-42pt5
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