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Spread: Hawks (-3.5)

2 of 5 top Polymarket traders hold Hawks (40%) · Hawks at 55¢ · $12K held · ends Oct 31

Hawks55¢Pelicans45¢Ends Sat, Oct 31, 2026View on Polymarket
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⚠️

Avoid

Hawks

Consensus Traders

5

Hawks 40%

Total Value

$12.5K

Combined PnL

$90.7

Smart Money Entry

53¢ → 54.5¢

+3% since entry · 2 traders

Research grade

AvoidHawks at 55%

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.
  • 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

Hawks

2 of 5 top traders (40%)3 hold an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Hawks55%
Pelicans46%

Smart Money Breakdown by Outcome

Hawks2 traders
Total Value$10.9K
Total Shares20,269
Combined PnL+$101.71
Pelicans3 traders
Total Value$1.6K
Total Shares3,368
Combined PnL-$11
Hawks — 40%Pelicans — 60%

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EV Calculator

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

Break-even chance56.7%

54.5¢ 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
+$76.26
Max Loss
-$100.00
Shares
176.3

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
0x531d2d4d...328965
Slug
nba-atl-nop-2026-10-31-spread-away-3pt5
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