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Smart money holds the underdog side

Most tracked traders hold Fenerbahce, while the market favors Paris Basketball (54%). 4 of 10 traders hold an outcome priced under 50%.

Paris Basketball vs. Fenerbahce

4 of 10 top Polymarket traders hold Fenerbahce (40%) · Fenerbahce at 47¢ · $15K held · ended Nov 11

Paris Basketball54¢Fenerbahce46¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Fenerbahce

Consensus Traders

10

Fenerbahce 40%

1 arb excluded

Total Value

$15.5K

Combined PnL

-$35.1

Smart Money Entry

61.1¢ → 46.5¢

-24% since entry · 4 traders

Research grade

AvoidFenerbahce at 47%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
  • 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

Fenerbahce

4 of 10 top traders (40%)Underdog side (market favors Paris Basketball 54%)1 arbitrage trader dimmed4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Paris Basketball54%
Fenerbahce47%

Smart Money Breakdown by Outcome

Fenerbahce4 traders
Total Value$8.6K
Total Shares14,891
Combined PnL-$912.01
Paris Basketball6 traders
Total Value$5.6K
Total Shares9,023
Combined PnL+$876.92
Fenerbahce — 40%Paris Basketball — 60%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 87%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

60% of non-arb traders are on Fenerbahce. Concentration is driven by the top two positions owning 87% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrFenerbahce 67% · 3
Aligned
Hand-pickedFenerbahce 100% · 1
Aligned
Top 1000Fenerbahce 50% · 4
Aligned

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EV Calculator

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

Break-even chance48.7%

46.5¢ 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
+$105.14
Max Loss
-$100.00
Shares
205.1

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
0xf750b8e4...326eb9
Slug
euroleague-paris-fenerbah-2026-11-11
Trade on Polymarket