Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (100%). 5 of 9 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Cambodia win Eurovision Asia 2026?
5 of 9 top Polymarket traders hold Yes (56%) · Yes at 0.3¢ · $149 held · ends Nov 15
⚠️
Avoid
Yes
9
Yes 56%
$148.57
-$30.35
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.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
5 of 9 top traders (56%)Underdog side (market favors No 100%)5 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
5 traders
Top 2 hold 90%
Freshness
Mature
38h old
Flip Quality
Choppy
4 consensus flips
56% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 90% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
NO northdrawer<$100 | Noavg 99.7¢ | $74.78 | $74.81 | +$0.04 | 29% 1096-2660 (3756) |
CI cigarettes<$100 | Noavg 99.9¢ | $36.72 | $36.67 | -$0.06 | 53% 6922-6099 (13021) |
GO god83743894<$100 | Noavg 99.6¢ | $29.88 | $29.93 | +$0.05 | 34% 231-458 (689) |
0X 0x43cb4Ae1f4dDC9E671486C79c9F40A6fd98B84Df-1761656284271<$100 | Noavg 99.7¢ | $4.99 | $4.99 | +$0 | 39% 220-343 (563) |
XT xtxpleasecallmeCTR<$100 | Yesavg 3.1¢ | $21.36 | $1.71 | -$19.65 | 39% 3605-5672 (9277) |
0X 0x9495d622aB74a6O1AD1668D3DD4F7A2E68C3468FCTR<$100 | Yesavg 3.1¢ | $3.13 | $0.25 | -$2.88 | 12% 20-145 (165) |
![]() HaradwaithCTR<$100 | Yesavg 3.1¢ | $2.62 | $0.16 | -$2.38 | 31% 146-327 (473) |
![]() balthazarCTR<$100 | Yesavg 3.1¢ | $0.5 | $0.04 | -$0.46 | 44% 5045-6487 (11532) |
BI BiggggggggCTR<$100 | Yesavg 3.1¢ | $5.18 | $0.01 | -$5.01 | 52% 1637-1538 (3175) |
Invested
$74.78
Value
$74.81
PnL
+$0.04
Record
29%
1096-2660 (3756)
Invested
$36.72
Value
$36.67
PnL
-$0.06
Record
53%
6922-6099 (13021)
Invested
$29.88
Value
$29.93
PnL
+$0.05
Record
34%
231-458 (689)
Invested
$4.99
Value
$4.99
PnL
+$0
Record
39%
220-343 (563)
Invested
$21.36
Value
$1.71
PnL
-$19.65
Record
39%
3605-5672 (9277)
Invested
$3.13
Value
$0.25
PnL
-$2.88
Record
12%
20-145 (165)
HaradwaithCTR<$100Invested
$2.62
Value
$0.16
PnL
-$2.38
Record
31%
146-327 (473)
balthazarCTR<$100Invested
$0.5
Value
$0.04
PnL
-$0.46
Record
44%
5045-6487 (11532)
Invested
$5.18
Value
$0.01
PnL
-$5.01
Record
52%
1637-1538 (3175)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.3¢ price + 1.0¢ spread + 0.1¢ fee (Culture 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.
Market Info
Traders in this Market
northdrawer
No — $74.81
cigarettes
No — $36.67
god83743894
No — $29.93
0x43cb4Ae1f4dDC9E671486C79c9F40A6fd98B84Df-1761656284271
No — $4.99
xtxpleasecallme
CTRYes — $1.71
0x9495d622aB74a6O1AD1668D3DD4F7A2E68C3468F
CTRYes — $0.25

Haradwaith
CTRYes — $0.16

balthazar
CTRYes — $0.04
Bigggggggg
CTRYes — $0.01