Smart money holds the underdog side
Most tracked traders hold No, while the market favors Yes (56%). 8 of 9 traders hold an outcome priced under 50%.

Norway vs. Wales: Both Teams to Score
8 of 9 top Polymarket traders hold No (89%) · No at 45¢ · $2K held · ends Nov 14
⚖️
Neutral
No
9
No 89%
2 arb excluded
$1.6K
-$6.87
44.7¢ → 44.5¢
+0% since entry · 8 traders
Research grade
NeutralNo at 45%
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 %).
- 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
8 of 9 top traders (89%)Underdog side (market favors Yes 56%)2 arbitrage traders dimmed8 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+2 pts consensus
Breadth
7 traders
Top 2 hold 62%
Freshness
Fresh
9h old
Flip Quality
Clean
0 consensus flips
88% of non-arb traders are on No. Concentration is driven by the top two positions owning 62% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() FaroeseNationalistCTR | Noavg 44¢ | $923.89 | $934.39 | +$10.5 | 52% 17-16 (33) |
FL FlaznorpCTR | Noavg 45.9¢ | $160.8 | $156.06 | -$4.74 | 49% 3821-3983 (7804) |
38 38791873984189CTR | Noavg 46.2¢ | $137.51 | $123.03 | -$4.48 | 48% 3214-3513 (6727) |
GC GC-PARB<$100 | Noavg 44¢ | $82.94 | $83.84 | +$0.9 | 37% 353-603 (956) |
| └ No leg | Noavg 44¢ | $62.53 | $63.24 | +$0.71 | |
| └ Yes leg | Yesavg 55¢ | $20.42 | $20.6 | +$0.19 | |
SU suntori<$100 | Yesavg 55.4¢ | $73.65 | $73.82 | +$0.17 | 46% 2653-3138 (5791) |
![]() 0xheavy888ARB<$100 | Yesavg 54¢ | $61.88 | $62.71 | +$0.83 | 54% 496-419 (915) |
| └ Yes leg | Yesavg 54¢ | $39.05 | $40.14 | +$1.08 | |
| └ No leg | Noavg 45¢ | $22.83 | $22.57 | -$0.25 | |
0X 0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382CTR<$100 | Noavg 47.3¢ | $51.89 | $48.27 | -$3.62 | 48% 286-306 (592) |
LE LeLynxMalynxCTR<$100 | Noavg 47.2¢ | $41.05 | $38.24 | -$2.81 | 56% 463-370 (833) |
SE sentrioCTR<$100 | Noavg 45.9¢ | $36.23 | $35.12 | -$1.11 | 42% 995-1363 (2358) |
GH ghorrockCTR<$100 | Noavg 45.8¢ | $34.89 | $33.9 | -$0.99 | 52% 1721-1568 (3289) |
SN SnakeBallCTR<$100 | Noavg 44¢ | $19.52 | $19.74 | +$0.22 | 47% 895-994 (1889) |
FaroeseNationalistCTRInvested
$923.89
Value
$934.39
PnL
+$10.5
Record
52%
17-16 (33)
Invested
$160.8
Value
$156.06
PnL
-$4.74
Record
49%
3821-3983 (7804)
Invested
$137.51
Value
$123.03
PnL
-$4.48
Record
48%
3214-3513 (6727)
Invested
$82.94
Value
$83.84
PnL
+$0.9
Record
37%
353-603 (956)
Both legs:
Invested
$73.65
Value
$73.82
PnL
+$0.17
Record
46%
2653-3138 (5791)
0xheavy888ARB<$100Invested
$61.88
Value
$62.71
PnL
+$0.83
Record
54%
496-419 (915)
Both legs:
Invested
$51.89
Value
$48.27
PnL
-$3.62
Record
48%
286-306 (592)
Invested
$41.05
Value
$38.24
PnL
-$2.81
Record
56%
463-370 (833)
Invested
$36.23
Value
$35.12
PnL
-$1.11
Record
42%
995-1363 (2358)
Invested
$34.89
Value
$33.9
PnL
-$0.99
Record
52%
1721-1568 (3289)
Invested
$19.52
Value
$19.74
PnL
+$0.22
Record
47%
895-994 (1889)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
44.5¢ 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

FaroeseNationalist
CTRNo — $934.39
Flaznorp
CTRNo — $156.06
38791873984189
CTRNo — $123.03
GC-P
ARBArbitrage — excluded
suntori
Yes — $73.82

0xheavy888
ARBArbitrage — excluded
0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382
CTRNo — $48.27
LeLynxMalynx
CTRNo — $38.24
sentrio
CTRNo — $35.12
ghorrock
CTRNo — $33.9