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Spread: Hornets (-2.5)

7 of 9 top Polymarket traders hold Wizards (78%) · Wizards at 52¢ · $8K held · ended Oct 30

Hornets48¢Wizards52¢Ended Fri, Oct 30, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Wizards

Consensus Traders

9

Wizards 78%

1 arb excluded

Total Value

$8.0K

Combined PnL

$5.44

Smart Money Entry

54.9¢ → 52¢

-5% since entry · 7 traders

Research grade

AvoidWizards at 52%

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.
  • 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

Wizards

7 of 9 top traders (78%)1 arbitrage trader dimmed2 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Hornets48%
Wizards52%

Smart Money Breakdown by Outcome

Wizards7 traders
Total Value$7.5K
Total Shares13,622
Combined PnL+$5.69
Hornets2 traders
Total Value$365.85
Total Shares813
Combined PnL-$0.25
Wizards — 78%Hornets — 22%

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EV Calculator

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

Break-even chance54.2%

52.0¢ 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
+$84.35
Max Loss
-$100.00
Shares
184.3

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
0x4407d212...12247a
Slug
nba-cha-was-2026-10-30-spread-away-2pt5
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