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Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (56%). 5 of 8 traders hold an outcome priced under 50%.

Türkiye vs. Belgium: 1st Half O/U 1.5

5 of 8 top Polymarket traders hold Over (63%) · Over at 44¢ · $192 held · ends Nov 12

Over44¢Under56¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Over

Consensus Traders

8

Over 63%

Total Value

$191.89

Combined PnL

$0.21

Smart Money Entry

43¢ → 43.5¢

+1% since entry · 5 traders

Research grade

NeutralOver at 44%

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.
  • 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

Over

5 of 8 top traders (63%)Underdog side (market favors Under 56%)5 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over44%
Under56%

Smart Money Breakdown by Outcome

Over5 traders
Total Value$134.75
Total Shares307
Combined PnL+$0
Under3 traders
Total Value$57.14
Total Shares101
Combined PnL+$0.21
Over — 63%Under — 37%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 88%

Freshness

Fresh

11h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

71% of non-arb traders are on Over. Concentration is driven by the top two positions owning 88% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrOver 60% · 5
Aligned
Top 1000Over 71% · 7
Aligned

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EV Calculator

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

Break-even chance45.7%

43.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$118.65
Max Loss
-$100.00
Shares
218.7

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
0xe296f62d...9b22cb
Slug
unl-tur-bel-2026-11-12-first-half-total-1pt5
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