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Spread: Sport Lisboa e Benfica (-1.5)

3 of 7 top Polymarket traders hold FK Austria Wien (43%) · FK Austria Wien at 59¢ · $536 held · ends Nov 12

Sport Lisboa e Benfica41¢FK Austria Wien59¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

FK Austria Wien

Consensus Traders

7

FK Austria Wien 43%

1 arb excluded

Total Value

$536.31

Combined PnL

$3.92

Smart Money Entry

62.9¢ → 59¢

-6% since entry · 3 traders

Research grade

NeutralFK Austria Wien at 59%

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

FK Austria Wien

3 of 7 top traders (43%)1 arbitrage trader dimmed4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Sport Lisboa e Benfica41%
FK Austria Wien59%

Smart Money Breakdown by Outcome

FK Austria Wien3 traders
Total Value$244
Total Shares410
Combined PnL-$13.88
Sport Lisboa e Benfica4 traders
Total Value$218.23
Total Shares497
Combined PnL+$17.81
FK Austria Wien — 43%Sport Lisboa e Benfica — 57%

Signal Intelligence

Momentum

Cooling

-7 pts consensus

Breadth

3 traders

Top 2 hold 99%

Freshness

Mature

13h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

43% of non-arb traders are on FK Austria Wien. Concentration is driven by the top two positions owning 99% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on FK Austria Wien) and the top 1000 (6 on Sport Lisboa e Benfica) disagree here.
ctrFK Austria Wien 50% · 4
Aligned
Hand-pickedFK Austria Wien 100% · 1
Aligned
Top 1000Sport Lisboa e Benfica 67% · 6
Diverging

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EV Calculator

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

Break-even chance61.2%

59.0¢ 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
+$63.40
Max Loss
-$100.00
Shares
163.4

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
0xbbe4ee1b...838b90
Slug
uwcl-slb-faw-2026-11-11-spread-home-1pt5
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