Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (75%). 7 of 9 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Bulgaria vs. Iceland end in a draw?
7 of 9 top Polymarket traders hold Yes (78%) · Yes at 26¢ · $3K held · ends Nov 13
⚠️
Avoid
Yes
9
Yes 78%
2 arb excluded
$2.7K
$1.73
26¢ → 25.5¢
-2% since entry · 7 traders
Research grade
AvoidYes at 26%
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.
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
7 of 9 top traders (78%)Underdog side (market favors No 75%)2 arbitrage traders dimmed7 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Cooling
-8 pts consensus
Breadth
7 traders
Top 2 hold 82%
Freshness
Fresh
10h old
Flip Quality
Clean
0 consensus flips
78% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 82% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
NM NM-PARB<$100 | Noavg 73¢ | $1.0K | $1.0K | +$11.66 | 59% 3648-2489 (6137) |
| └ No leg | Noavg 73¢ | $689.33 | $703.49 | +$14.16 | |
| └ Yes leg | Yesavg 25.7¢ | $346.75 | $344.25 | -$2.5 | |
GC GC-PARB<$100 | Noavg 73¢ | $634.25 | $640.4 | +$6.15 | 33% 251-499 (750) |
| └ No leg | Noavg 73¢ | $365 | $370 | +$5 | |
| └ Yes leg | Yesavg 25.9¢ | $269.25 | $270.4 | +$1.15 | |
FL FlaznorpCTR | Yesavg 26¢ | $484.85 | $485.61 | +$0.76 | 50% 3193-3131 (6324) |
GO GoalLineGhostCTR | Yesavg 26¢ | $223 | $223 | -$0 | 54% 1849-1555 (3404) |
SE sentrioCTR | Yesavg 26¢ | $107.22 | $107.39 | +$0.18 | 43% 808-1065 (1873) |
0X 0x760907C8840491c8C86fdDB843D3f1d801786C4e-1771959662080<$100 | Noavg 74¢ | $97.57 | $98.23 | +$0.66 | 22% 266-965 (1231) |
MA MadridTime<$100 | Noavg 74¢ | $25.24 | $25.24 | +$0 | 36% 761-1361 (2122) |
LE LeLynxMalynxCTR<$100 | Yesavg 26¢ | $18.2 | $18.2 | -$0 | 56% 307-245 (552) |
SU suntoriCTR<$100 | Yesavg 26¢ | $14.28 | $14.01 | -$0.27 | 46% 2084-2445 (4529) |
WA waiermaCTR<$100 | Yesavg 27¢ | $10 | $9.63 | -$0.37 | 10% 11-100 (111) |
GH ghorrockCTR<$100 | Yesavg 26¢ | $43.38 | $4.55 | +$0.78 | 53% 1326-1186 (2512) |
Invested
$1,036.08
Value
$1.0K
PnL
+$11.66
Record
59%
3648-2489 (6137)
Both legs:
Invested
$634.25
Value
$640.4
PnL
+$6.15
Record
33%
251-499 (750)
Both legs:
Invested
$484.85
Value
$485.61
PnL
+$0.76
Record
50%
3193-3131 (6324)
Invested
$223
Value
$223
PnL
-$0
Record
54%
1849-1555 (3404)
Invested
$107.22
Value
$107.39
PnL
+$0.18
Record
43%
808-1065 (1873)
Invested
$97.57
Value
$98.23
PnL
+$0.66
Record
22%
266-965 (1231)
Invested
$25.24
Value
$25.24
PnL
+$0
Record
36%
761-1361 (2122)
Invested
$18.2
Value
$18.2
PnL
-$0
Record
56%
307-245 (552)
Invested
$14.28
Value
$14.01
PnL
-$0.27
Record
46%
2084-2445 (4529)
Invested
$10
Value
$9.63
PnL
-$0.37
Record
10%
11-100 (111)
Invested
$43.38
Value
$4.55
PnL
+$0.78
Record
53%
1326-1186 (2512)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
25.5¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.
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
Traders in this Market
NM-P
ARBArbitrage — excluded
GC-P
ARBArbitrage — excluded
Flaznorp
CTRYes — $485.61
GoalLineGhost
CTRYes — $223
sentrio
CTRYes — $107.39
0x760907C8840491c8C86fdDB843D3f1d801786C4e-1771959662080
No — $98.23
MadridTime
No — $25.24
LeLynxMalynx
CTRYes — $18.2
suntori
CTRYes — $14.01
waierma
CTRYes — $9.63