
Spread: Norway (-1.5)
1 of 12 top Polymarket traders hold Norway (8%) · Norway at 57¢ · $24K held · ends Nov 14
⚖️
Neutral
Norway
12
Norway 8%
1 arb excluded
$24.1K
-$129.39
Research grade
NeutralNorway at 57%
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 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).
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
1 of 12 top traders (8%)1 arbitrage trader dimmed11 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
-75 pts consensus
Breadth
1 traders
Top 2 hold 100%
Freshness
Mature
27h old
Flip Quality
Watch
1 consensus flip
8% of non-arb traders are on Norway. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
ET Ethanael02 | Norwayavg 61.4¢ | $15.0K | $14.0K | -$952.53 | 67% 108-53 (161) |
0X 0x9f15613ebf1f36d4bc679e1211d1fc567cf9bdb3CTR | Walesavg 38¢ | $3.9K | $4.3K | +$456.83 | 59% 493-339 (832) |
FL FlaznorpCTR | Walesavg 41¢ | $1.9K | $2.0K | +$70.92 | 49% 3587-3673 (7260) |
0X 0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382CTR | Walesavg 38.7¢ | $764.49 | $839.8 | +$75.31 | 48% 269-290 (559) |
FO forecastication4CTR | Walesavg 38¢ | $706.92 | $790.64 | +$83.71 | 32% 150-313 (463) |
GO GoalLineGhostCTR | Walesavg 40¢ | $662.42 | $697.3 | +$34.88 | 54% 2027-1761 (3788) |
BI biying99999CTR | Walesavg 39¢ | $432.9 | $471.75 | +$38.85 | 34% 95-187 (282) |
0X 0x5b624e3E0426F7AA2Ca57F7451fbcEa4b125D87f-1769796221989CTR | Walesavg 38¢ | $380 | $425 | +$45 | 47% 34-39 (73) |
SE sentrioCTR | Walesavg 41¢ | $153.29 | $159 | +$5.71 | 43% 933-1261 (2194) |
38 38791873984189CTR | Walesavg 39.4¢ | $265.19 | $131.65 | +$11.46 | 48% 2982-3276 (6258) |
LE LeLynxMalynxARB<$100 | Walesavg 40.3¢ | $126.45 | $130.72 | +$4.26 | 56% 434-347 (781) |
| └ Wales leg | Walesavg 40.3¢ | $94.59 | $99.67 | +$5.07 | |
| └ Norway leg | Norwayavg 59¢ | $31.86 | $31.05 | -$0.81 | |
LI LightParadoxCTR<$100 | Walesavg 41¢ | $34.5 | $34.5 | -$0 | 36% 925-1612 (2537) |
GH ghorrockCTR<$100 | Walesavg 40.6¢ | $34.76 | $30.22 | +$0.47 | 53% 1598-1443 (3041) |
Invested
$15,000
Value
$14.0K
PnL
-$952.53
Record
67%
108-53 (161)
Invested
$3,857.65
Value
$4.3K
PnL
+$456.83
Record
59%
493-339 (832)
Invested
$1,930.76
Value
$2.0K
PnL
+$70.92
Record
49%
3587-3673 (7260)
Invested
$764.49
Value
$839.8
PnL
+$75.31
Record
48%
269-290 (559)
Invested
$706.92
Value
$790.64
PnL
+$83.71
Record
32%
150-313 (463)
Invested
$662.42
Value
$697.3
PnL
+$34.88
Record
54%
2027-1761 (3788)
Invested
$432.9
Value
$471.75
PnL
+$38.85
Record
34%
95-187 (282)
Invested
$380
Value
$425
PnL
+$45
Record
47%
34-39 (73)
Invested
$153.29
Value
$159
PnL
+$5.71
Record
43%
933-1261 (2194)
Invested
$265.19
Value
$131.65
PnL
+$11.46
Record
48%
2982-3276 (6258)
Invested
$126.45
Value
$130.72
PnL
+$4.26
Record
56%
434-347 (781)
Both legs:
Invested
$34.5
Value
$34.5
PnL
-$0
Record
36%
925-1612 (2537)
Invested
$34.76
Value
$30.22
PnL
+$0.47
Record
53%
1598-1443 (3041)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
57.5¢ 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
Ethanael02
Norway — $14.0K
0x9f15613ebf1f36d4bc679e1211d1fc567cf9bdb3
CTRWales — $4.3K
Flaznorp
CTRWales — $2.0K
0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382
CTRWales — $839.8
forecastication4
CTRWales — $790.64
GoalLineGhost
CTRWales — $697.3
biying99999
CTRWales — $471.75
0x5b624e3E0426F7AA2Ca57F7451fbcEa4b125D87f-1769796221989
CTRWales — $425
sentrio
CTRWales — $159
38791873984189
CTRWales — $131.65