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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (84%). 1 of 1 traders hold an outcome priced under 50%.

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

Nigel Farage out as Reform UK leader by March 31, 2027?

Positions of the top Polymarket traders in this market · ends Apr 1, 2027

Yes16¢No84¢Ends Thu, Apr 1, 2027View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

1

Yes 100%

Total Value

$280.47

Combined PnL

$239.35

Research grade

AvoidYes at 16%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.

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

Yes

1 of 1 top traders (100%)Underdog side (market favors No 84%)1 holds an outcome priced under 50%

Market Activity

Outcome Probabilities

Yes16%
No84%

Smart Money Breakdown by Outcome

Yes1 trader
Total Value$280.47
Total Shares1,753
Combined PnL+$239.35

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EV Calculator

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

Break-even chance17.7%

16.0¢ price + 1.0¢ spread + 0.7¢ fee (Other / General 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$464.80
Max Loss
-$100.00
Shares
564.8

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
0x6c1edaa7...e67d30
Slug
nigel-farage-out-as-reform-uk-leader-by-march-31-2027
Trade on Polymarket