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Smart money holds the underdog side

Most tracked traders hold Raiders, while the market favors Jets (51%). 4 of 10 traders hold an outcome priced under 50%.

Spread: Jets (-1.5)

4 of 10 top Polymarket traders hold Raiders (40%) · Raiders at 50¢ · $37K held · ends Nov 1

Jets51¢Raiders49¢Ends Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Raiders

Consensus Traders

10

Raiders 40%

Total Value

$37.5K

Combined PnL

-$199.77

Smart Money Entry

50.1¢ → 49.5¢

-1% since entry · 4 traders

Research grade

NeutralRaiders at 50%

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

Raiders

4 of 10 top traders (40%)Underdog side (market favors Jets 51%)4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Jets51%
Raiders50%

Smart Money Breakdown by Outcome

Raiders4 traders
Total Value$27.1K
Total Shares54,639
Combined PnL-$311.61
Jets6 traders
Total Value$10.4K
Total Shares20,805
Combined PnL+$111.83
Raiders — 40%Jets — 60%

Signal Intelligence

Momentum

Building

-3 pts consensus

Breadth

4 traders

Top 2 hold 95%

Freshness

Fresh

12h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

40% of non-arb traders are on Raiders. Concentration is driven by the top two positions owning 95% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleJets 75% · 4
Diverging
sharpJets 67% · 3
Diverging
ctrJets 57% · 7
Diverging
Hand-pickedJets 100% · 1
Diverging
Top 1000Jets 56% · 9
Diverging

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EV Calculator

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

Break-even chance51.7%

49.5¢ 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
+$93.24
Max Loss
-$100.00
Shares
193.2

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
0xf2dbcfb9...4b1f9b
Slug
nfl-lv-nyj-2026-11-01-spread-home-1pt5
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