Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (100%). 16 of 16 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Party C win the most seats in the 2026 Spanish general election?
16 of 16 top Polymarket traders hold Yes (100%) · Yes at 0.1¢ · $7K held · ends Nov 30
⚠️
Avoid
Yes
16
Yes 100%
$6.5K
-$386.18
Research grade
AvoidYes 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.
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
16 of 16 top traders (100%)Underdog side (market favors No 100%)16 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
16 traders
Top 2 hold 53%
Freshness
Late
92h old
Flip Quality
Clean
0 consensus flips
100% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 53% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x3653235d75A0d5969C42f7514d4Df8eA5F8CEF74-1778811817579CTR | Yes | $2.4K | $2.4K | -$145.53 | 35% 1146-2091 (3237) |
LP lpgbCTR | Yesavg 1.6¢ | $14.6 | $1.0K | -$62.38 | 26% 590-1655 (2245) |
![]() LucerysCTR | Yesavg 0¢ | $0 | $716.63 | -$31.91 | 72% 13881-5445 (19326) |
AL alex20011CTR | Yes | $475.35 | $475.35 | -$28.33 | 37% 4041-6779 (10820) |
GR graynotebook19CTR | Yes | $453.56 | $453.56 | -$27.02 | 58% 15816-11500 (27316) |
FO fourcoin15mCTR | Yes | $375.6 | $375.6 | -$22.39 | 39% 5769-9164 (14933) |
LI LikaseentCTR | Yesavg 0¢ | $0 | $265.01 | -$15.8 | 30% 366-857 (1223) |
BI BiggggggggCTR | Yesavg 2.4¢ | $12.46 | $256.67 | -$12.2 | 31% 3260-7122 (10382) |
KA kaxel78CTR | Yes | $125 | $125 | -$7.45 | 30% 466-1107 (1573) |
KL klli27CTR<$100 | Yesavg 0¢ | $0.06 | $94.19 | -$5.61 | 30% 491-1165 (1656) |
AK akrollCTR<$100 | Yes | $90.8 | $90.8 | -$5.41 | 31% 509-1156 (1665) |
ZE zerone777CTR<$100 | Yesavg 0¢ | $0.06 | $87.8 | -$5.23 | 36% 594-1079 (1673) |
PI PiEDawgCTR<$100 | Yes | $63.04 | $63.04 | -$3.76 | 35% 1832-3405 (5237) |
PO pollo07CTR<$100 | Yesavg 0¢ | $0.06 | $35.8 | -$2.13 | 30% 499-1142 (1641) |
VE VerilyWinninglyCTR<$100 | Yesavg 3¢ | $9.94 | $0.16 | -$9.78 | 21% 359-1343 (1702) |
![]() UbuntuTradingCTR<$100 | Yesavg 3¢ | $1.26 | $0.02 | -$1.24 | 55% 3178-2635 (5813) |
Invested
$2,441.5
Value
$2.4K
PnL
-$145.53
Record
35%
1146-2091 (3237)
Invested
$14.6
Value
$1.0K
PnL
-$62.38
Record
26%
590-1655 (2245)
LucerysCTRInvested
$0
Value
$716.63
PnL
-$31.91
Record
72%
13881-5445 (19326)
Invested
$475.35
Value
$475.35
PnL
-$28.33
Record
37%
4041-6779 (10820)
Invested
$453.56
Value
$453.56
PnL
-$27.02
Record
58%
15816-11500 (27316)
Invested
$375.6
Value
$375.6
PnL
-$22.39
Record
39%
5769-9164 (14933)
Invested
$0
Value
$265.01
PnL
-$15.8
Record
30%
366-857 (1223)
Invested
$12.46
Value
$256.67
PnL
-$12.2
Record
31%
3260-7122 (10382)
Invested
$125
Value
$125
PnL
-$7.45
Record
30%
466-1107 (1573)
Invested
$0.06
Value
$94.19
PnL
-$5.61
Record
30%
491-1165 (1656)
Invested
$90.8
Value
$90.8
PnL
-$5.41
Record
31%
509-1156 (1665)
Invested
$0.06
Value
$87.8
PnL
-$5.23
Record
36%
594-1079 (1673)
Invested
$63.04
Value
$63.04
PnL
-$3.76
Record
35%
1832-3405 (5237)
Invested
$0.06
Value
$35.8
PnL
-$2.13
Record
30%
499-1142 (1641)
Invested
$9.94
Value
$0.16
PnL
-$9.78
Record
21%
359-1343 (1702)
UbuntuTradingCTR<$100Invested
$1.26
Value
$0.02
PnL
-$1.24
Record
55%
3178-2635 (5813)
Chat
EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.1¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.
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
Traders in this Market
0x3653235d75A0d5969C42f7514d4Df8eA5F8CEF74-1778811817579
CTRYes — $2.4K
lpgb
CTRYes — $1.0K

Lucerys
CTRYes — $716.63
alex20011
CTRYes — $475.35
graynotebook19
CTRYes — $453.56
fourcoin15m
CTRYes — $375.6
Likaseent
CTRYes — $265.01
Bigggggggg
CTRYes — $256.67
kaxel78
CTRYes — $125
klli27
CTRYes — $94.19