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Spread: Hawks (-18.5)

5 of 10 top Polymarket traders hold Pacers (50%) · Pacers at 78¢ · $3K held · ended Nov 3

Hawks23¢Pacers77¢Ended Tue, Nov 3, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Pacers

Consensus Traders

10

Pacers 50%

1 arb excluded

Total Value

$2.5K

Combined PnL

$160.04

Smart Money Entry

59¢ → 77.5¢

+31% since entry · 5 traders

Research grade

AvoidPacers at 78%

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.
  • 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

Pacers

5 of 10 top traders (50%)1 arbitrage trader dimmed5 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Hawks23%
Pacers78%

Smart Money Breakdown by Outcome

Pacers5 traders
Total Value$1.7K
Total Shares1,814
Combined PnL+$242.72
Hawks5 traders
Total Value$110.87
Total Shares482
Combined PnL-$82.68
Pacers — 50%Hawks — 50%

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EV Calculator

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

Break-even chance79.3%

77.5¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$26.03
Max Loss
-$100.00
Shares
126.0

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
0x38847058...dc5abd
Slug
nba-atl-ind-2026-11-02-spread-away-18pt5
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