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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (100%). 9 of 9 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Will Broad Front (FA) win the most seats in the 2026 Spanish general election?

9 of 9 top Polymarket traders hold Yes (100%) · Yes at 0.3¢ · $10 held · ends Nov 30

Yes<1¢No>99¢Ends Mon, Nov 30, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

9

Yes 100%

Total Value

$10.12

Combined PnL

-$92.13

Smart Money Entry

3¢ → 0.3¢

-90% since entry · 9 traders

Research grade

AvoidYes at 0%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.

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

Yes

9 of 9 top traders (100%)Underdog side (market favors No 100%)9 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Yes0%
No100%

Smart Money Breakdown by Outcome

Yes9 traders
Total Value$10.12
Total Shares3,374
Combined PnL-$92.13

Signal Intelligence

Momentum

Building

+0 pts consensus

Breadth

9 traders

Top 2 hold 44%

Freshness

Late

96h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationBroad

100% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 44% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrYes 100% · 1
Aligned
Top 1000Yes 100% · 9
Aligned

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EV Calculator

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

Break-even chance1.4%

0.3¢ price + 1.0¢ spread + 0.1¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$7300.15
Max Loss
-$100.00
Shares
7400.1

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
0xc23daeae...3b7b30
Slug
will-broad-front-fa-win-the-most-seats-in-the-2026-spanish-general-election
Trade on Polymarket