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Smart money holds the underdog side

Most tracked traders hold Under, while the market favors Over (100%). 6 of 8 traders hold an outcome priced under 50%.

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

Morecambe FC vs. Hereford FC: O/U 2.5

6 of 8 top Polymarket traders hold Under (75%) · Under at 0.1¢ · $94 held · ended Nov 10

Over>99¢Under<1¢Ended Tue, Nov 10, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Under

Consensus Traders

8

Under 75%

Total Value

$94.22

Combined PnL

$14.3

Research grade

AvoidUnder at 0%

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

Under

6 of 8 top traders (75%)Underdog side (market favors Over 100%)6 hold an outcome priced under 50%8 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over100%
Under0%

Smart Money Breakdown by Outcome

Under6 traders
Total Value$73.8
Total Shares144
Combined PnL+$16.33
Over2 traders
Total Value$20.42
Total Shares43
Combined PnL-$2.03
Under — 75%Over — 25%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 54%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationBalanced

75% of non-arb traders are on Under. Concentration is driven by the top two positions owning 54% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Over) and the top 1000 (7 on Under) disagree here.
ctrUnder 71% · 7
Aligned
Hand-pickedOver 100% · 1
Diverging
Top 1000Under 86% · 7
Aligned

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EV Calculator

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

Break-even chance1.1%

0.1¢ price + 1.0¢ spread + 0.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$8974.83
Max Loss
-$100.00
Shares
9074.8

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
0xe3a818b3...eb309f
Slug
nln-mfc-her-2026-11-10-total-2pt5
Trade on Polymarket