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Spread: Miami (OH) (-1.5)

2 of 8 top Polymarket traders hold Ohio (25%) · Ohio at 78¢ · $1K held · ended Nov 11

Miami (OH)22¢Ohio78¢Ended Wed, Nov 11, 2026View on Polymarket
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Neutral

Ohio

Consensus Traders

8

Ohio 25%

Total Value

$1.3K

Combined PnL

-$20.88

Smart Money Entry

59.4¢ → 78¢

+31% since entry · 2 traders

Research grade

NeutralOhio at 78%

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

Ohio

2 of 8 top traders (25%)6 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Miami (OH)22%
Ohio78%

Smart Money Breakdown by Outcome

Ohio2 traders
Total Value$834.66
Total Shares1,144
Combined PnL+$155.47
Miami (OH)6 traders
Total Value$421.92
Total Shares1,455
Combined PnL-$176.35
Ohio — 25%Miami (OH) — 75%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

25% 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
ctrOhio 50% · 2
Aligned
Hand-pickedMiami (OH) 100% · 1
Diverging
Top 1000Miami (OH) 75% · 8
Diverging

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EV Calculator

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

Break-even chance79.8%

78.0¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$25.27
Max Loss
-$100.00
Shares
125.3

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
0xb7bbca00...6d1578
Slug
cfb-ohio-miaoh-2026-11-10-spread-home-1pt5
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