Smart money holds the underdog side
Most tracked traders hold No, while the market favors Yes (82%). 1 of 1 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.
Will voter turnout in the second round of the 2026 Bulgaria presidential election be 24% or more?
Positions of the top Polymarket traders in this market · ends Nov 2
⚠️
Avoid
No
1
No 100%
$828.9
-$529.22
Research grade
AvoidNo at 18%
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.
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer 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
1 of 1 top traders (100%)Underdog side (market favors Yes 82%)1 holds an outcome priced under 50%
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
SN SnapElectionAvoiderCTR | Noavg 35.5¢ | $1.4K | $828.9 | -$529.22 | 52% 1139-1031 (2170) |
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
18.0¢ price + 1.0¢ spread + 0.6¢ fee (Politics 4%). 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.