Smart money holds the underdog side
Most tracked traders hold Under, while the market favors Over (100%). 6 of 9 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Czechia vs. Spain: Spain O/U 0.5
6 of 9 top Polymarket traders hold Under (67%) · Under at 0.1¢ · $125 held · ended Nov 12
⚠️
Avoid
Under
9
Under 67%
$125.4
-$182.92
6¢ → 0.1¢
-99% since entry · 6 traders
Research grade
AvoidUnder at 0%
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.
- 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.
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
6 of 9 top traders (67%)Underdog side (market favors Over 100%)6 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+24 pts consensus
Breadth
6 traders
Top 2 hold 95%
Freshness
Fresh
9h old
Flip Quality
Watch
1 consensus flip
67% of non-arb traders are on Under. Concentration is driven by the top two positions owning 95% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL Flaznorp | Overavg 93.1¢ | $109.69 | $107.58 | -$2.11 | 51% 2634-2567 (5201) |
GH ghorrock<$100 | Overavg 94¢ | $13.32 | $11.31 | -$2.01 | 54% 1032-892 (1924) |
SE sentrio<$100 | Overavg 94¢ | $4.7 | $5 | +$0.3 | 41% 589-849 (1438) |
SN SnakeBallCTR | Underavg 6¢ | $166.73 | $1.39 | -$165.34 | 46% 485-564 (1049) |
MA MadridTimeCTR<$100 | Underavg 6¢ | $4.16 | $0.03 | -$4.12 | 34% 592-1164 (1756) |
FO fooooolCTR<$100 | Underavg 6¢ | $3.71 | $0.03 | -$3.68 | 38% 15-25 (40) |
LI LimousinCTR<$100 | Underavg 6¢ | $2.41 | $0.02 | -$2.39 | 33% 563-1169 (1732) |
VE VenusianCTR<$100 | Underavg 6¢ | $2.33 | $0.02 | -$2.31 | 32% 565-1192 (1757) |
FE ferdinand2CTR<$100 | Underavg 6¢ | $6.27 | $0.01 | -$1.26 | 49% 1307-1343 (2650) |
Invested
$109.69
Value
$107.58
PnL
-$2.11
Record
51%
2634-2567 (5201)
Invested
$13.32
Value
$11.31
PnL
-$2.01
Record
54%
1032-892 (1924)
Invested
$4.7
Value
$5
PnL
+$0.3
Record
41%
589-849 (1438)
Invested
$166.73
Value
$1.39
PnL
-$165.34
Record
46%
485-564 (1049)
Invested
$4.16
Value
$0.03
PnL
-$4.12
Record
34%
592-1164 (1756)
Invested
$3.71
Value
$0.03
PnL
-$3.68
Record
38%
15-25 (40)
Invested
$2.41
Value
$0.02
PnL
-$2.39
Record
33%
563-1169 (1732)
Invested
$2.33
Value
$0.02
PnL
-$2.31
Record
32%
565-1192 (1757)
Invested
$6.27
Value
$0.01
PnL
-$1.26
Record
49%
1307-1343 (2650)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.1¢ price + 1.0¢ spread + 0.1¢ 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.