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Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (86%). 5 of 9 traders hold an outcome priced under 50%.

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

Colorado vs. Arizona State: O/U 49.5

5 of 9 top Polymarket traders hold Over (56%) · Over at 14¢ · $13K held · ended Nov 8

Over14¢Under86¢Ended Sun, Nov 8, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Over

Consensus Traders

9

Over 56%

2 arb excluded

Total Value

$12.9K

Combined PnL

-$413.64

Smart Money Entry

37.9¢ → 14¢

-63% since entry · 5 traders

Research grade

AvoidOver at 14%

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.
  • 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.

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

Over

5 of 9 top traders (56%)Underdog side (market favors Under 86%)2 arbitrage traders dimmed5 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over14%
Under86%

Smart Money Breakdown by Outcome

Under4 traders
Total Value$1.5K
Total Shares2,712
Combined PnL-$122.76
Over5 traders
Total Value$1.5K
Total Shares4,510
Combined PnL-$290.88
Under — 44%Over — 56%

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EV Calculator

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

Break-even chance15.6%

14.0¢ price + 1.0¢ spread + 0.6¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$539.49
Max Loss
-$100.00
Shares
639.5

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
0x4cfda188...6c85b2
Slug
cfb-col-arzst-2026-11-07-total-49pt5
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