Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (62%). 2 of 6 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Sport Lisboa e Benfica vs. FK Austria Wien: Draw at halftime?
2 of 6 top Polymarket traders hold Yes (33%) · Yes at 39¢ · $584 held · ended Nov 11
⚖️
Neutral
Yes
6
Yes 33%
$584.01
-$225.19
64.3¢ → 38.5¢
-40% since entry · 2 traders
Research grade
NeutralYes at 39%
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 %).
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- 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
2 of 6 top traders (33%)Underdog side (market favors No 62%)2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Mature
29h old
Flip Quality
Clean
0 consensus flips
33% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
WH whosayCTR | Yesavg 72.7¢ | $424.34 | $224.79 | -$199.55 | 68% 26-12 (38) |
BL BlackMamba08CTR | Yesavg 51¢ | $188.59 | $142.37 | -$46.22 | — 5-3 (8) |
FL Flaznorp | Noavg 60.3¢ | $138.6 | $141.39 | +$2.79 | 51% 2280-2184 (4464) |
GO GoalLineGhost<$100 | Noavg 59.8¢ | $32.49 | $33.43 | +$0.94 | 55% 1627-1324 (2951) |
![]() LuccaF7<$100 | Noavg 29¢ | $14.96 | $31.73 | +$16.77 | — 2-3 (5) |
SE sentrio<$100 | Noavg 61¢ | $10.22 | $10.3 | +$0.08 | 41% 483-698 (1181) |
Invested
$424.34
Value
$224.79
PnL
-$199.55
Record
68%
26-12 (38)
Invested
$188.59
Value
$142.37
PnL
-$46.22
Record
—
5-3 (8)
Invested
$138.6
Value
$141.39
PnL
+$2.79
Record
51%
2280-2184 (4464)
Invested
$32.49
Value
$33.43
PnL
+$0.94
Record
55%
1627-1324 (2951)
LuccaF7<$100Invested
$14.96
Value
$31.73
PnL
+$16.77
Record
—
2-3 (5)
Invested
$10.22
Value
$10.3
PnL
+$0.08
Record
41%
483-698 (1181)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
38.5¢ 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.