Skip to content
PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (62%). 6 of 11 traders hold an outcome priced under 50%.

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

Ohio vs. Miami (OH): O/U 49.5

6 of 11 top Polymarket traders hold Over (55%) · Over at 39¢ · $9K held · ended Nov 11

Over39¢Under61¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Over

Consensus Traders

11

Over 55%

Total Value

$9.4K

Combined PnL

-$268.83

Smart Money Entry

44.1¢ → 38.5¢

-13% since entry · 6 traders

Research grade

NeutralOver at 39%

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.
  • 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

Over

6 of 11 top traders (55%)Underdog side (market favors Under 62%)6 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over39%
Under62%

Smart Money Breakdown by Outcome

Over6 traders
Total Value$5.7K
Total Shares13,457
Combined PnL-$511.97
Under5 traders
Total Value$3.7K
Total Shares5,896
Combined PnL+$243.14
Over — 55%Under — 45%

Signal Intelligence

Momentum

Surging

+5 pts consensus

Breadth

6 traders

Top 2 hold 82%

Freshness

Fresh

2h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

55% of non-arb traders are on Over. Concentration is driven by the top two positions owning 82% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrOver 75% · 4
Aligned
Hand-pickedOver 100% · 1
Aligned
Top 1000Over 55% · 11
Aligned

Chat

EV Calculator

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

Break-even chance40.7%

38.5¢ 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
+$145.73
Max Loss
-$100.00
Shares
245.7

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
0xa07764ec...98ef44
Slug
cfb-ohio-miaoh-2026-11-10-total-49pt5
Trade on Polymarket