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Steelers vs. Bengals

2 of 4 top Polymarket traders hold Bengals (50%) · Bengals at 64¢ · $82 held · ends Nov 16

Steelers36¢Bengals64¢Ends Mon, Nov 16, 2026View on Polymarket
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Neutral

Bengals

Consensus Traders

4

Bengals 50%

Total Value

$81.62

Combined PnL

-$3.86

Research grade

NeutralBengals at 64%

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 %).

  • 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¢)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

Bengals

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

Market Activity

Outcome Probabilities

Steelers36%
Bengals64%

Smart Money Breakdown by Outcome

Bengals2 traders
Total Value$50.82
Total Shares70
Combined PnL+$0.46
Steelers2 traders
Total Value$30.79
Total Shares77
Combined PnL-$4.33
Bengals — 50%Steelers — 50%

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EV Calculator

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

Break-even chance66.1%

64.0¢ 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
+$51.20
Max Loss
-$100.00
Shares
151.2

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
0x2c4bc1dc...334853
Slug
nfl-pit-cin-2026-11-16
Trade on Polymarket