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Spread: Germany (-2.5)

6 of 11 top Polymarket traders hold Serbia (55%) · Serbia at 65¢ · $2K held · ends Nov 13

Germany36¢Serbia64¢Ends Fri, Nov 13, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Serbia

Consensus Traders

11

Serbia 55%

1 arb excluded

Total Value

$2.1K

Combined PnL

$25.26

Smart Money Entry

67.5¢ → 64.5¢

-5% since entry · 6 traders

Research grade

NeutralSerbia at 65%

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

Serbia

6 of 11 top traders (55%)1 arbitrage trader dimmed5 hold an outcome priced under 50%8 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Germany36%
Serbia65%

Smart Money Breakdown by Outcome

Serbia6 traders
Total Value$932.65
Total Shares1,402
Combined PnL-$34.37
Germany5 traders
Total Value$733.32
Total Shares2,095
Combined PnL+$59.63
Serbia — 55%Germany — 45%

Signal Intelligence

Momentum

Surging

+10 pts consensus

Breadth

6 traders

Top 2 hold 87%

Freshness

Fresh

11h old

Flip Quality

Choppy

3 consensus flips

Breadth vs concentrationCrowded

55% of non-arb traders are on Serbia. Concentration is driven by the top two positions owning 87% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrGermany 57% · 7
Diverging
Top 1000Serbia 55% · 11
Aligned

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance66.6%

64.5¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$50.08
Max Loss
-$100.00
Shares
150.1

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

Condition ID
0x4244084b...990c70
Slug
unl-ser-ger-2026-11-13-spread-away-2pt5
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