
Spread: CD Leganés (-1.5)
2 of 4 top Polymarket traders hold CD Leganés (50%) · CD Leganés at 61¢ · $584 held · ends Nov 10
⚖️
Neutral
CD Leganés
4
CD Leganés 50%
1 arb excluded
$583.57
-$10.86
63.7¢ → 61¢
-4% since entry · 2 traders
Research grade
NeutralCD Leganés at 61%
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 %).
- 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.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.
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
2 of 4 top traders (50%)1 arbitrage trader dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Fresh
3h old
Flip Quality
Clean
0 consensus flips
50% of non-arb traders are on CD Leganés. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL FlaznorpARB<$100 | CF Trival Valderasavg 38.3¢ | $356.45 | $363.38 | +$6.94 | 52% 49335-46295 (95630) |
| └ CF Trival Valderas leg | CF Trival Valderasavg 38.3¢ | $194.92 | $198.4 | +$3.49 | |
| └ CD Leganés leg | CD Leganésavg 59.7¢ | $161.53 | $164.98 | +$3.45 | |
UP UpTheBlues | CD Leganésavg 64.3¢ | $164.36 | $150.8 | -$13.56 | 57% 60850-45925 (106775) |
OM omnibus-076daa<$100 | CD Leganésavg 61.2¢ | $36.2 | $35.49 | -$0.59 | 50% 24077-24172 (48249) |
GO GoalLineGhostCTR<$100 | CF Trival Valderasavg 32.1¢ | $19.24 | $20.57 | +$1.99 | 50% 33652-33928 (67580) |
LU LuckyLooCTR<$100 | CF Trival Valderasavg 33¢ | $12.21 | $13.32 | +$1.3 | 46% 30947-36343 (67290) |
Invested
$356.45
Value
$363.38
PnL
+$6.94
Record
52%
49335-46295 (95630)
Both legs:
Invested
$164.36
Value
$150.8
PnL
-$13.56
Record
57%
60850-45925 (106775)
Invested
$36.2
Value
$35.49
PnL
-$0.59
Record
50%
24077-24172 (48249)
Invested
$19.24
Value
$20.57
PnL
+$1.99
Record
50%
33652-33928 (67580)
Invested
$12.21
Value
$13.32
PnL
+$1.3
Record
46%
30947-36343 (67290)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
61.0¢ price + 1.0¢ spread + 1.2¢ fee (Sports 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.