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Smart money holds the underdog side

Most tracked traders hold Iowa Hawkeyes, while the market favors Virginia Tech Hokies (71%). 6 of 7 traders hold an outcome priced under 50%.

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

Spread: Iowa Hawkeyes (-4.5)

6 of 7 top Polymarket traders hold Iowa Hawkeyes (86%) · Iowa Hawkeyes at 30¢ · $744 held · ended Nov 11

Iowa Hawkeyes30¢Virginia Tech Hokies70¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Iowa Hawkeyes

Consensus Traders

7

Iowa Hawkeyes 86%

Total Value

$743.66

Combined PnL

-$131.64

Smart Money Entry

46.8¢ → 29.5¢

-37% since entry · 6 traders

Research grade

AvoidIowa Hawkeyes at 30%

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.
  • BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
  • 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.

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

Iowa Hawkeyes

6 of 7 top traders (86%)Underdog side (market favors Virginia Tech Hokies 71%)6 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Iowa Hawkeyes30%
Virginia Tech Hokies71%

Smart Money Breakdown by Outcome

Iowa Hawkeyes6 traders
Total Value$684.55
Total Shares1,702
Combined PnL-$128.76
Virginia Tech Hokies1 trader
Total Value$59.11
Total Shares105
Combined PnL-$2.89
Iowa Hawkeyes — 86%Virginia Tech Hokies — 14%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 93%

Freshness

Fresh

1h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

86% of non-arb traders are on Iowa Hawkeyes. Concentration is driven by the top two positions owning 93% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (2 on Virginia Tech Hokies) and the top 1000 (6 on Iowa Hawkeyes) disagree here.
ctrIowa Hawkeyes 100% · 2
Aligned
Hand-pickedVirginia Tech Hokies 50% · 2
Diverging
Top 1000Iowa Hawkeyes 83% · 6
Aligned

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EV Calculator

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

Break-even chance31.6%

29.5¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$216.86
Max Loss
-$100.00
Shares
316.9

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
0x3f0b241d...281239
Slug
cbb-vtech-iowa-2026-11-10-spread-home-4pt5
Trade on Polymarket