PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (63%). 5 of 10 traders hold an outcome priced under 50%.

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

AS Roma vs. Cagliari Calcio: O/U 4.5

5 of 10 top Polymarket traders hold Over (50%) · Over at 38¢ · $9K held · ended Oct 27

Over38¢Under62¢Ended Tue, Oct 27, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Over

Consensus Traders

10

Over 50%

1 arb excluded

Total Value

$8.6K

Combined PnL

-$701.51

Smart Money Entry

39.4¢ → 37.5¢

-5% since entry · 5 traders

Research grade

NeutralOver at 38%

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.
  • 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

Over

5 of 10 top traders (50%)Underdog side (market favors Under 63%)1 arbitrage trader dimmed5 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Over38%
Under63%

Smart Money Breakdown by Outcome

Over5 traders
Total Value$6.1K
Total Shares15,693
Combined PnL-$636.4
Under5 traders
Total Value$503.07
Total Shares914
Combined PnL-$65.11
Over — 50%Under — 50%

Chat

Sign in with your wallet to post.

EV Calculator

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

Break-even chance39.7%

37.5¢ 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
+$151.99
Max Loss
-$100.00
Shares
252.0

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
0xe6a76b3a...c92f92
Slug
sea-rom-cag-2026-10-27-total-4pt5
Trade on Polymarket