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Spread: Liaoning Flying Leopards (-14.5)

3 of 5 top Polymarket traders hold Shenzhen Leopards (60%) · Shenzhen Leopards at 52¢ · $1K held · ended Nov 1

Liaoning Flying Leopards49¢Shenzhen Leopards51¢Ended Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Shenzhen Leopards

Consensus Traders

5

Shenzhen Leopards 60%

Total Value

$1.2K

Combined PnL

-$196.57

Smart Money Entry

45.9¢ → 51.5¢

+12% since entry · 3 traders

Research grade

AvoidShenzhen Leopards at 52%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
  • 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.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Shenzhen Leopards

3 of 5 top traders (60%)2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Liaoning Flying Leopards49%
Shenzhen Leopards52%

Smart Money Breakdown by Outcome

Shenzhen Leopards3 traders
Total Value$704.27
Total Shares2,071
Combined PnL-$272.14
Liaoning Flying Leopards2 traders
Total Value$540.62
Total Shares983
Combined PnL+$75.57
Shenzhen Leopards — 60%Liaoning Flying Leopards — 40%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 98%

Freshness

Fresh

3h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

60% of non-arb traders are on Shenzhen Leopards. Concentration is driven by the top two positions owning 98% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Liaoning Flying Leopards) and the top 1000 (4 on Shenzhen Leopards) disagree here.
sharpLiaoning Flying Leopards 100% · 1
Diverging
ctrShenzhen Leopards 60% · 5
Aligned
Hand-pickedLiaoning Flying Leopards 100% · 1
Diverging
Top 1000Shenzhen Leopards 75% · 4
Aligned

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EV Calculator

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

Break-even chance53.7%

51.5¢ 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
+$86.06
Max Loss
-$100.00
Shares
186.1

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
0x149d6c4d...0487a5
Slug
bkcba-lia-she-2026-11-01-spread-home-14pt5
Trade on Polymarket