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Smart money holds the underdog side

Most tracked traders hold Under, while the market favors Over (61%). 13 of 15 traders hold an outcome priced under 50%.

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

Buffalo vs. Ball State: O/U 49.5

13 of 15 top Polymarket traders hold Under (87%) · Under at 40¢ · $23K held · ended Nov 12

Over61¢Under39¢Ended Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Under

Consensus Traders

15

Under 87%

Total Value

$22.9K

Combined PnL

$166.9

Smart Money Entry

41.1¢ → 39.5¢

-4% since entry · 13 traders

Research grade

NeutralUnder at 40%

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.
  • 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

Under

13 of 15 top traders (87%)Underdog side (market favors Over 61%)13 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over61%
Under40%

Smart Money Breakdown by Outcome

Over2 traders
Total Value$7.7K
Total Shares12,895
Combined PnL+$364.54
Under13 traders
Total Value$15.2K
Total Shares37,433
Combined PnL-$197.64
Over — 13%Under — 87%

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EV Calculator

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

Break-even chance41.7%

39.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$139.78
Max Loss
-$100.00
Shares
239.8

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
0xe99bf9f6...96fb6c
Slug
cfb-buf-ballst-2026-11-11-total-49pt5
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