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Will Spain win on 2026-11-12?

9 of 17 top Polymarket traders hold Yes (53%) · Yes at 83¢ · $65K held · ends Nov 12

Yes83¢No17¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

17

Yes 53%

1 arb excluded

Total Value

$64.7K

Combined PnL

$202.94

Smart Money Entry

82¢ → 82.5¢

+1% since entry · 9 traders

Research grade

NeutralYes at 83%

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 %).

  • 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

Yes

9 of 17 top traders (53%)1 arbitrage trader dimmed8 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes83%
No18%

Smart Money Breakdown by Outcome

Yes9 traders
Total Value$55.6K
Total Shares67,613
Combined PnL+$168.76
No8 traders
Total Value$8.0K
Total Shares44,191
Combined PnL+$34.18
Yes — 53%No — 47%

Signal Intelligence

Momentum

Surging

+18 pts consensus

Breadth

9 traders

Top 2 hold 97%

Freshness

Late

59h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

56% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 97% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
sharpYes 100% · 1
Aligned
ctrNo 60% · 5
Diverging
Top 1000Yes 56% · 16
Aligned

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EV Calculator

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

Break-even chance84.2%

82.5¢ price + 1.0¢ spread + 0.7¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$18.78
Max Loss
-$100.00
Shares
118.8

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
0x31e1275d...7083ee
Slug
unl-cze-esp-2026-11-12-esp
Trade on Polymarket