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Spread: Chiefs (-3.5)

5 of 9 top Polymarket traders hold Chiefs (56%) · Chiefs at 74¢ · $24K held · ends Nov 8

Chiefs74¢Jets26¢Ends Sun, Nov 8, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Chiefs

Consensus Traders

9

Chiefs 56%

Total Value

$24.0K

Combined PnL

-$11.81

Smart Money Entry

71.7¢ → 73.5¢

+2% since entry · 5 traders

Research grade

NeutralChiefs at 74%

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

Chiefs

5 of 9 top traders (56%)4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Chiefs74%
Jets27%

Smart Money Breakdown by Outcome

Chiefs5 traders
Total Value$17.7K
Total Shares24,101
Combined PnL+$569
Jets4 traders
Total Value$6.3K
Total Shares23,916
Combined PnL-$580.81
Chiefs — 56%Jets — 44%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 87%

Freshness

Mature

15h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

56% of non-arb traders are on Chiefs. Concentration is driven by the top two positions owning 87% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleChiefs 50% · 2
Aligned
ctrJets 57% · 7
Diverging
Top 1000Chiefs 56% · 9
Aligned

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EV Calculator

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

Break-even chance75.4%

73.5¢ 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
+$32.54
Max Loss
-$100.00
Shares
132.5

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
0x9c1d7a53...216a6a
Slug
nfl-nyj-kc-2026-11-08-spread-home-3pt5
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