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Spread: Pistons (-5.5)

2 of 8 top Polymarket traders hold Pistons (25%) · Pistons at 59¢ · $39K held · ends Oct 28

Pistons59¢Hornets41¢Ends Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Pistons

Consensus Traders

8

Pistons 25%

1 arb excluded

Total Value

$39.2K

Combined PnL

-$67.41

Smart Money Entry

57.6¢ → 58.5¢

+2% since entry · 2 traders

Research grade

AvoidPistons at 59%

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

Pistons

2 of 8 top traders (25%)1 arbitrage trader dimmed6 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Pistons59%
Hornets42%

Smart Money Breakdown by Outcome

Pistons2 traders
Total Value$20.3K
Total Shares35,242
Combined PnL-$30.2
Hornets6 traders
Total Value$10.3K
Total Shares24,167
Combined PnL-$37.21
Pistons — 25%Hornets — 75%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

25% of non-arb traders are on Pistons. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whalePistons 100% · 1
Aligned
sharpHornets 100% · 1
Diverging
ctrHornets 83% · 6
Diverging
Hand-pickedHornets 100% · 2
Diverging
Top 1000Hornets 67% · 6
Diverging

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EV Calculator

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

Break-even chance60.7%

58.5¢ 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
+$64.73
Max Loss
-$100.00
Shares
164.7

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
0xa7e8e8a3...6f555d
Slug
nba-cha-det-2026-10-28-spread-home-5pt5
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