Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (68%). 3 of 6 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Simeon Barclay win the Turner Prize 2026?
3 of 6 top Polymarket traders hold Yes (50%) · Yes at 32¢ · $1K held · ends Apr 1, 2027
⚖️
Neutral
Yes
6
Yes 50%
2 arb excluded
$1.1K
$545.17
13.9¢ → 32¢
+130% since entry · 3 traders
Research grade
NeutralYes at 32%
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
3 of 6 top traders (50%)Underdog side (market favors No 68%)2 arbitrage traders dimmed3 hold an outcome priced under 50%1 small position dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+10 pts consensus
Breadth
3 traders
Top 2 hold 90%
Freshness
Late
115h old
Flip Quality
Choppy
7 consensus flips
60% 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 |
|---|---|---|---|---|---|
![]() IstarothARB<$100 | Noavg 79.1¢ | $894.85 | $326.81 | -$39.88 | 13% 550-3635 (4185) |
| └ No leg | Noavg 79.1¢ | $272.09 | $230.48 | -$192.89 | |
| └ Yes leg | Yesavg 23.4¢ | $80.62 | $96.32 | +$153.01 | |
![]() 0xdc3E831cadCTR | Yesavg 3¢ | $26.56 | $247.29 | +$192.09 | 49% 1883-1990 (3873) |
![]() Rex416CTR | Yesavg 31.5¢ | $189 | $168 | -$12 | 57% 2620-2003 (4623) |
![]() Haradwaith | Noavg 79¢ | $109.72 | $93.05 | -$16.67 | 40% 6571-9852 (16423) |
0X 0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754 | Noavg 66.3¢ | $1.7K | $68 | +$327.77 | 55% 18-15 (33) |
![]() 2B9SARB<$100 | Noavg 69.8¢ | $168.23 | $61.06 | +$11.44 | 17% 4506-22060 (26566) |
| └ No leg | Noavg 69.8¢ | $41.27 | $39.59 | -$23.5 | |
| └ Yes leg | Yesavg 22.8¢ | $17.5 | $21.47 | +$34.94 | |
WA WarriorH | Noavg 80¢ | $158.18 | $50.32 | +$19.57 | 17% 1362-6594 (7956) |
SN SnapElectionAvoiderCTR<$100 | Yesavg 8.2¢ | $11.05 | $45.46 | +$34.41 | 47% 1359-1503 (2862) |
IstarothARB<$100Invested
$894.85
Value
$326.81
PnL
-$39.88
Record
13%
550-3635 (4185)
Both legs:
0xdc3E831cadCTRInvested
$26.56
Value
$247.29
PnL
+$192.09
Record
49%
1883-1990 (3873)
Rex416CTRInvested
$189
Value
$168
PnL
-$12
Record
57%
2620-2003 (4623)
HaradwaithInvested
$109.72
Value
$93.05
PnL
-$16.67
Record
40%
6571-9852 (16423)
Invested
$1,668.21
Value
$68
PnL
+$327.77
Record
55%
18-15 (33)
2B9SARB<$100Invested
$168.23
Value
$61.06
PnL
+$11.44
Record
17%
4506-22060 (26566)
Both legs:
Invested
$158.18
Value
$50.32
PnL
+$19.57
Record
17%
1362-6594 (7956)
Invested
$11.05
Value
$45.46
PnL
+$34.41
Record
47%
1359-1503 (2862)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
32.0¢ price + 1.0¢ spread + 1.1¢ fee (Other / General 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

Istaroth
ARBArbitrage — excluded

0xdc3E831cad
CTRYes — $247.29

Rex416
CTRYes — $168

Haradwaith
No — $93.05
0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754
No — $68

2B9S
ARBArbitrage — excluded
WarriorH
No — $50.32
SnapElectionAvoider
CTRYes — $45.46