
Spread: Pistons (-8.5)
2 of 5 top Polymarket traders hold Hornets (40%) · Hornets at 55¢ · $930 held · ends Oct 28
⚠️
Avoid
Hornets
5
Hornets 40%
1 arb excluded
$930.19
$4.67
53.7¢ → 54.5¢
+1% since entry · 2 traders
Research grade
AvoidHornets 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
2 of 5 top traders (40%)1 arbitrage trader dimmed3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Fresh
0h old
Flip Quality
Clean
0 consensus flips
50% of non-arb traders are on Hornets. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() RN1 | Hornetsavg 53.7¢ | $402.5 | $401.25 | -$1.25 | 54% 55737-47824 (103561) |
BU BullishBarbARB<$100 | Pistonsavg 46¢ | $224.71 | $227 | +$2.29 | 38% 848-1408 (2256) |
| └ Pistons leg | Pistonsavg 46¢ | $115 | $116.25 | +$1.25 | |
| └ Hornets leg | Hornetsavg 53¢ | $109.71 | $110.75 | +$1.04 | |
HO HomeRunHazardCTR | Pistonsavg 45.7¢ | $178.46 | $181.69 | +$3.23 | 54% 16871-14147 (31018) |
WO woshikd99CTR<$100 | Pistonsavg 45¢ | $93.76 | $96.89 | +$3.13 | 51% 32-31 (63) |
![]() VeryLucky888CTR<$100 | Pistonsavg 46¢ | $12.8 | $12.66 | -$0.14 | 58% 40784-29493 (70277) |
![]() 0xheavy888<$100 | Hornetsavg 55¢ | $11 | $10.7 | -$0.3 | 56% 6915-5530 (12445) |
RN1Invested
$402.5
Value
$401.25
PnL
-$1.25
Record
54%
55737-47824 (103561)
Invested
$224.71
Value
$227
PnL
+$2.29
Record
38%
848-1408 (2256)
Both legs:
Invested
$178.46
Value
$181.69
PnL
+$3.23
Record
54%
16871-14147 (31018)
Invested
$93.76
Value
$96.89
PnL
+$3.13
Record
51%
32-31 (63)
VeryLucky888CTR<$100Invested
$12.8
Value
$12.66
PnL
-$0.14
Record
58%
40784-29493 (70277)
0xheavy888<$100Invested
$11
Value
$10.7
PnL
-$0.3
Record
56%
6915-5530 (12445)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
54.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.
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.