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Smart money holds the underdog side

Most tracked traders hold Al Kholood Saudi Club, while the market favors Al Nassr Saudi Club (61%). 1 of 2 traders hold an outcome priced under 50%.

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

Spread: Al Nassr Saudi Club (-1.5)

1 of 2 top Polymarket traders hold Al Kholood Saudi Club (50%) · Al Kholood Saudi Club at 39¢ · $589 held · ended Oct 29

Al Nassr Saudi Club61¢Al Kholood Saudi Club39¢Ended Thu, Oct 29, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Al Kholood Saudi Club

Consensus Traders

2

Al Kholood Saudi Club 50%

1 arb excluded

Total Value

$588.59

Combined PnL

-$5.82

Research grade

NeutralAl Kholood Saudi Club 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.
  • 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.
  • 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

Al Kholood Saudi Club

1 of 2 top traders (50%)Underdog side (market favors Al Nassr Saudi Club 61%)1 arbitrage trader dimmed1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Al Nassr Saudi Club61%
Al Kholood Saudi Club39%

Smart Money Breakdown by Outcome

Al Kholood Saudi Club1 trader
Total Value$476.97
Total Shares1,223
Combined PnL-$6.12
Al Nassr Saudi Club1 trader
Total Value$10
Total Shares10
Combined PnL+$0.3
Al Kholood Saudi Club — 50%Al Nassr Saudi Club — 50%

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EV Calculator

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

Break-even chance41.2%

39.0¢ 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
+$142.72
Max Loss
-$100.00
Shares
242.7

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
0x3deb0375...ecf381
Slug
spl-nsr-kho-2026-10-29-spread-home-1pt5
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