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Smart money holds the underdog side

Most tracked traders hold Hornets, while the market favors Pistons (76%). 3 of 10 traders hold an outcome priced under 50%.

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

Spread: Pistons (-3.5)

3 of 10 top Polymarket traders hold Hornets (30%) · Hornets at 25¢ · $35K held · ended Oct 28

Pistons76¢Hornets24¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Hornets

Consensus Traders

10

Hornets 30%

Total Value

$35.4K

Combined PnL

-$268.14

Smart Money Entry

44.7¢ → 24.5¢

-45% since entry · 3 traders

Research grade

AvoidHornets at 25%

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.
  • 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.

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

Hornets

3 of 10 top traders (30%)Underdog side (market favors Pistons 76%)3 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Pistons76%
Hornets25%

Smart Money Breakdown by Outcome

Hornets3 traders
Total Value$22.2K
Total Shares49,245
Combined PnL-$251.28
Pistons7 traders
Total Value$13.2K
Total Shares23,532
Combined PnL-$16.86
Hornets — 30%Pistons — 70%

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EV Calculator

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

Break-even chance26.4%

24.5¢ price + 1.0¢ spread + 0.9¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$278.07
Max Loss
-$100.00
Shares
378.1

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
0x506071d5...652951
Slug
nba-cha-det-2026-10-28-spread-home-3pt5
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