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Smart money holds the underdog side

Most tracked traders hold No, while the market favors Yes (51%). 7 of 10 traders hold an outcome priced under 50%.

Will FC Penafiel win on 2026-11-02?

7 of 10 top Polymarket traders hold No (70%) · No at 50¢ · $6K held · ends Nov 2

Yes51¢No49¢Ends Mon, Nov 2, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

10

No 70%

Total Value

$6.1K

Combined PnL

$5.27

Smart Money Entry

52¢ → 49.5¢

-5% since entry · 7 traders

Research grade

NeutralNo at 50%

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 %).

  • 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

No

7 of 10 top traders (70%)Underdog side (market favors Yes 51%)7 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes51%
No50%

Smart Money Breakdown by Outcome

Yes3 traders
Total Value$3.1K
Total Shares6,306
Combined PnL+$28.95
No7 traders
Total Value$3.0K
Total Shares5,850
Combined PnL-$23.68
Yes — 30%No — 70%

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EV Calculator

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

Break-even chance51.7%

49.5¢ 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
+$93.24
Max Loss
-$100.00
Shares
193.2

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
0x1dea6c98...567e00
Slug
pt2-pen-fei-2026-11-02-pen
Trade on Polymarket