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Spread: Toledo (-16.5)

2 of 8 top Polymarket traders hold Toledo (25%) · Toledo at 66¢ · $6K held · ended Nov 12

Toledo66¢UMass34¢Ended Thu, Nov 12, 2026View on Polymarket
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Neutral

Toledo

Consensus Traders

8

Toledo 25%

Total Value

$6.0K

Combined PnL

$373.48

Smart Money Entry

57.9¢ → 66¢

+14% since entry · 2 traders

Research grade

NeutralToledo at 66%

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

Toledo

2 of 8 top traders (25%)6 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Toledo66%
UMass34%

Smart Money Breakdown by Outcome

Toledo2 traders
Total Value$3.5K
Total Shares5,469
Combined PnL+$361.47
UMass6 traders
Total Value$2.5K
Total Shares5,881
Combined PnL+$12.01
Toledo — 25%UMass — 75%

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EV Calculator

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

Break-even chance68.1%

66.0¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$46.83
Max Loss
-$100.00
Shares
146.8

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
0x6461d60a...640f91
Slug
cfb-umass-toledo-2026-11-11-spread-home-16pt5
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