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Smart money holds the underdog side

Most tracked traders hold Ohio, while the market favors Miami (OH) (77%). 5 of 10 traders hold an outcome priced under 50%.

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

Spread: Ohio (-3.5)

5 of 10 top Polymarket traders hold Ohio (50%) · Ohio at 23¢ · $7K held · ended Nov 11

Ohio23¢Miami (OH)77¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Ohio

Consensus Traders

10

Ohio 50%

Total Value

$7.4K

Combined PnL

-$531.06

Smart Money Entry

56.1¢ → 23¢

-59% since entry · 5 traders

Research grade

AvoidOhio at 23%

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

Ohio

5 of 10 top traders (50%)Underdog side (market favors Miami (OH) 77%)5 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Ohio23%
Miami (OH)77%

Smart Money Breakdown by Outcome

Miami (OH)5 traders
Total Value$5.5K
Total Shares7,819
Combined PnL+$1.2K
Ohio5 traders
Total Value$1.9K
Total Shares6,467
Combined PnL$-1.7K
Miami (OH) — 50%Ohio — 50%

Signal Intelligence

Momentum

Surging

+6 pts consensus

Breadth

4 traders

Top 2 hold 100%

Freshness

Fresh

1h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

44% of non-arb traders are on Ohio. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrMiami (OH) 100% · 1
Diverging
Hand-pickedMiami (OH) 100% · 1
Diverging
Top 1000Miami (OH) 56% · 9
Diverging

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EV Calculator

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

Break-even chance24.9%

23.0¢ price + 1.0¢ spread + 0.9¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$301.41
Max Loss
-$100.00
Shares
401.4

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
0x1a7206ae...48450b
Slug
cfb-ohio-miaoh-2026-11-10-spread-away-3pt5
Trade on Polymarket