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Smart money holds the underdog side

Most tracked traders hold Under, while the market favors Over (62%). 4 of 6 traders hold an outcome priced under 50%.

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

IK Start vs. Lillestrøm SK: O/U 1.5

4 of 6 top Polymarket traders hold Under (67%) · Under at 39¢ · $123 held · ended Nov 1

Over62¢Under38¢Ended Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Under

Consensus Traders

6

Under 67%

Total Value

$123.43

Combined PnL

-$1.11

Research grade

NeutralUnder at 39%

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

Under

4 of 6 top traders (67%)Underdog side (market favors Over 62%)4 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over62%
Under39%

Smart Money Breakdown by Outcome

Under4 traders
Total Value$81.31
Total Shares326
Combined PnL+$12.75
Over2 traders
Total Value$42.13
Total Shares52
Combined PnL-$13.87
Under — 67%Over — 33%

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EV Calculator

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

Break-even chance40.7%

38.5¢ 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
+$145.73
Max Loss
-$100.00
Shares
245.7

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
0x5549ca80...5dc6ec
Slug
nor-ik-lil-2026-11-01-total-1pt5
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