Smart money holds the underdog side
Most tracked traders hold Finland, while the market favors San Marino (52%). 3 of 9 traders hold an outcome priced under 50%.

Spread: Finland (-3.5)
3 of 9 top Polymarket traders hold Finland (33%) · Finland at 49¢ · $691 held · ends Nov 15
⚖️
Neutral
Finland
9
Finland 33%
$690.7
$26.54
46.1¢ → 48.5¢
+5% since entry · 3 traders
Research grade
NeutralFinland at 49%
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
3 of 9 top traders (33%)Underdog side (market favors San Marino 52%)3 hold an outcome priced under 50%8 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
-5 pts consensus
Breadth
3 traders
Top 2 hold 97%
Freshness
Fresh
6h old
Flip Quality
Clean
0 consensus flips
33% of non-arb traders are on Finland. Concentration is driven by the top two positions owning 97% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL FlaznorpCTR | Finlandavg 45.9¢ | $344.68 | $367.74 | +$23.07 | 49% 4290-4528 (8818) |
LI LimousinCTR<$100 | Finlandavg 47¢ | $68.77 | $71.7 | +$2.93 | 37% 1153-1939 (3092) |
LE LeLynxMalynx<$100 | San Marinoavg 51.5¢ | $63.34 | $64.58 | +$1.23 | 56% 598-472 (1070) |
BI biying99999<$100 | San Marinoavg 50.8¢ | $55.83 | $56.09 | +$0.26 | 37% 129-216 (345) |
![]() VeryLucky888<$100 | San Marinoavg 53¢ | $53 | $38.16 | -$2.53 | 54% 1641-1409 (3050) |
GH ghorrock<$100 | San Marinoavg 52.5¢ | $34.3 | $27.12 | -$0.21 | 53% 2063-1842 (3905) |
SN SnakeBall<$100 | San Marinoavg 49¢ | $26.52 | $27.07 | +$0.54 | 47% 1065-1216 (2281) |
OD Oddstorm<$100 | San Marinoavg 49¢ | $24.83 | $25.34 | +$0.51 | 34% 119-227 (346) |
SE sentrioCTR<$100 | Finlandavg 46.2¢ | $12.17 | $12.92 | +$0.74 | 41% 1108-1568 (2676) |
Invested
$344.68
Value
$367.74
PnL
+$23.07
Record
49%
4290-4528 (8818)
Invested
$68.77
Value
$71.7
PnL
+$2.93
Record
37%
1153-1939 (3092)
Invested
$63.34
Value
$64.58
PnL
+$1.23
Record
56%
598-472 (1070)
Invested
$55.83
Value
$56.09
PnL
+$0.26
Record
37%
129-216 (345)
VeryLucky888<$100Invested
$53
Value
$38.16
PnL
-$2.53
Record
54%
1641-1409 (3050)
Invested
$34.3
Value
$27.12
PnL
-$0.21
Record
53%
2063-1842 (3905)
Invested
$26.52
Value
$27.07
PnL
+$0.54
Record
47%
1065-1216 (2281)
Invested
$24.83
Value
$25.34
PnL
+$0.51
Record
34%
119-227 (346)
Invested
$12.17
Value
$12.92
PnL
+$0.74
Record
41%
1108-1568 (2676)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
48.5¢ price + 1.0¢ spread + 1.2¢ 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
Flaznorp
CTRFinland — $367.74
Limousin
CTRFinland — $71.7
LeLynxMalynx
San Marino — $64.58
biying99999
San Marino — $56.09

VeryLucky888
San Marino — $38.16
ghorrock
San Marino — $27.12
SnakeBall
San Marino — $27.07
Oddstorm
San Marino — $25.34
sentrio
CTRFinland — $12.92