
Spread: Portugal (-2.5)
4 of 8 top Polymarket traders hold Denmark (50%) · Denmark at 83¢ · $4K held · ends Nov 14
⚖️
Neutral
Denmark
8
Denmark 50%
$4.2K
$73.7
81¢ → 82.5¢
+2% since entry · 4 traders
Research grade
NeutralDenmark at 83%
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.
- Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.
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
4 of 8 top traders (50%)4 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Building
+3 pts consensus
Breadth
3 traders
Top 2 hold 99%
Freshness
Fresh
12h old
Flip Quality
Watch
1 consensus flip
43% of non-arb traders are on Denmark. Concentration is driven by the top two positions owning 99% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
GO GoalLineGhost | Denmarkavg 81¢ | $4.0K | $4.1K | +$75.48 | 53% 2162-1905 (4067) |
38 38791873984189<$100 | Denmarkavg 80¢ | $30.88 | $30.88 | +$0 | 48% 3239-3552 (6791) |
FL FlaznorpCTR<$100 | Portugalavg 21¢ | $26.08 | $24.84 | -$1.24 | 49% 3959-4107 (8066) |
GH ghorrockCTR<$100 | Portugalavg 18.8¢ | $16.84 | $16.14 | -$0.7 | 53% 1811-1610 (3421) |
0X 0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382<$100 | Denmarkavg 77¢ | $38.4 | $14.04 | +$1.56 | 48% 301-330 (631) |
LI LightParadoxCTR<$100 | Portugalavg 20¢ | $8.72 | $7.63 | -$1.09 | 37% 1002-1720 (2722) |
![]() nigiri99<$100 | Denmarkavg 81¢ | $5.67 | $5.64 | -$0.03 | 51% 568-535 (1103) |
SE sentrioCTR<$100 | Portugalavg 21¢ | $5.83 | $5.55 | -$0.28 | 42% 1030-1415 (2445) |
Invested
$4,025.89
Value
$4.1K
PnL
+$75.48
Record
53%
2162-1905 (4067)
Invested
$30.88
Value
$30.88
PnL
+$0
Record
48%
3239-3552 (6791)
Invested
$26.08
Value
$24.84
PnL
-$1.24
Record
49%
3959-4107 (8066)
Invested
$16.84
Value
$16.14
PnL
-$0.7
Record
53%
1811-1610 (3421)
Invested
$38.4
Value
$14.04
PnL
+$1.56
Record
48%
301-330 (631)
Invested
$8.72
Value
$7.63
PnL
-$1.09
Record
37%
1002-1720 (2722)
nigiri99<$100Invested
$5.67
Value
$5.64
PnL
-$0.03
Record
51%
568-535 (1103)
Invested
$5.83
Value
$5.55
PnL
-$0.28
Record
42%
1030-1415 (2445)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
82.5¢ price + 1.0¢ spread + 0.7¢ 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
GoalLineGhost
Denmark — $4.1K
38791873984189
Denmark — $30.88
Flaznorp
CTRPortugal — $24.84
ghorrock
CTRPortugal — $16.14
0x99F0d31fdced5B3A0e5Ee2867730A6644a6C9495-1779037126382
Denmark — $14.04
LightParadox
CTRPortugal — $7.63

nigiri99
Denmark — $5.64
sentrio
CTRPortugal — $5.55