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Smart money holds the underdog side

Most tracked traders hold Hawks, while the market favors Rockets (65%). 4 of 10 traders hold an outcome priced under 50%.

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

Spread: Rockets (-2.5)

4 of 10 top Polymarket traders hold Hawks (40%) · Hawks at 36¢ · $9K held · ended Oct 27

Rockets65¢Hawks35¢Ended Tue, Oct 27, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Hawks

Consensus Traders

10

Hawks 40%

1 arb excluded

Total Value

$8.6K

Combined PnL

-$24.24

Smart Money Entry

49.5¢ → 35.5¢

-28% since entry · 4 traders

Research grade

AvoidHawks at 36%

Matches a pattern that lost clearly more than the trading costs in the backtests.

  • BasketballBasketball lost in both windows: −12.0 % a trade in spring (95 % CI −22 to −2), −9.2 % in October.
  • Spread or totalSpreads 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¢0.30–0.50 lost −6.5 % a trade pooled (n 2,793), a little worse than the plain consensus.

Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.

Smart Money Signal

Hawks

4 of 10 top traders (40%)Underdog side (market favors Rockets 65%)1 arbitrage trader dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Rockets65%
Hawks36%

Smart Money Breakdown by Outcome

Hawks4 traders
Total Value$5.1K
Total Shares8,733
Combined PnL+$83.2
Rockets6 traders
Total Value$3.3K
Total Shares6,266
Combined PnL-$107.44
Hawks — 40%Rockets — 60%

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EV Calculator

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

Break-even chance37.7%

35.5¢ 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
+$165.54
Max Loss
-$100.00
Shares
265.5

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
0xaaca449b...31d56d
Slug
nba-atl-hou-2026-10-26-spread-home-2pt5
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