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Smart money holds the underdog side

Most tracked traders hold Ravens, while the market favors Bills (73%). 9 of 13 traders hold an outcome priced under 50%.

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

Spread: Bills (-6.5)

9 of 13 top Polymarket traders hold Ravens (69%) · Ravens at 27¢ · $20K held · ended Nov 1

Bills73¢Ravens27¢Ended Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Ravens

Consensus Traders

13

Ravens 69%

1 arb excluded

Total Value

$20.2K

Combined PnL

-$777.15

Smart Money Entry

53.7¢ → 27¢

-50% since entry · 9 traders

Research grade

AvoidRavens at 27%

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.

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

Ravens

9 of 13 top traders (69%)Underdog side (market favors Bills 73%)1 arbitrage trader dimmed9 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Bills73%
Ravens27%

Smart Money Breakdown by Outcome

Bills4 traders
Total Value$5.4K
Total Shares8,969
Combined PnL-$456.37
Ravens9 traders
Total Value$8.2K
Total Shares15,832
Combined PnL-$320.78
Bills — 31%Ravens — 69%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 80%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

83% of non-arb traders are on Ravens. Concentration is driven by the top two positions owning 80% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleRavens 50% · 2
Aligned
ctrRavens 100% · 4
Aligned
Top 1000Ravens 83% · 6
Aligned

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EV Calculator

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

Break-even chance29.0%

27.0¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$244.73
Max Loss
-$100.00
Shares
344.7

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
0x7584608d...4f4a2c
Slug
nfl-bal-buf-2026-11-01-spread-home-6pt5
Trade on Polymarket