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Smart money holds the underdog side

Most tracked traders hold Sport Lisboa e Benfica, while the market favors FK Austria Wien (50%). 0 of 7 traders hold an outcome priced under 50%.

Spread: FK Austria Wien (-5.5)

2 of 7 top Polymarket traders hold Sport Lisboa e Benfica (29%) · Sport Lisboa e Benfica at 50¢ · $828 held · ended Nov 11

FK Austria Wien50¢Sport Lisboa e Benfica50¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Sport Lisboa e Benfica

Consensus Traders

7

Sport Lisboa e Benfica 29%

Total Value

$827.77

Combined PnL

$559.04

Smart Money Entry

95.2¢ → 50¢

-47% since entry · 2 traders

Research grade

NeutralSport Lisboa e Benfica at 50%

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

Sport Lisboa e Benfica

2 of 7 top traders (29%)Underdog side (market favors FK Austria Wien 50%)4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

FK Austria Wien50%
Sport Lisboa e Benfica50%

Smart Money Breakdown by Outcome

FK Austria Wien5 traders
Total Value$763.44
Total Shares1,527
Combined PnL+$617.17
Sport Lisboa e Benfica2 traders
Total Value$64.32
Total Shares129
Combined PnL-$58.13
FK Austria Wien — 71%Sport Lisboa e Benfica — 29%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

2h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

29% of non-arb traders are on Sport Lisboa e Benfica. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrFK Austria Wien 83% · 6
Diverging
Top 1000FK Austria Wien 71% · 7
Diverging

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EV Calculator

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

Break-even chance52.2%

50.0¢ 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
+$91.39
Max Loss
-$100.00
Shares
191.4

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
0x6b1906c1...c04dbe
Slug
uwcl-slb-faw-2026-11-11-spread-away-5pt5
Trade on Polymarket