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Spread: Hornets (-3.5)

7 of 9 top Polymarket traders hold Wizards (78%) · Wizards at 87¢ · $3K held · ended Oct 30

Hornets14¢Wizards86¢Ended Fri, Oct 30, 2026View on Polymarket
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⚠️

Avoid

Wizards

Consensus Traders

9

Wizards 78%

2 arb excluded

Total Value

$2.8K

Combined PnL

$95.95

Smart Money Entry

55.4¢ → 86.5¢

+56% since entry · 7 traders

Research grade

AvoidWizards at 87%

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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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%)2 arbitrage traders dimmed2 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Hornets14%
Wizards87%

Smart Money Breakdown by Outcome

Hornets2 traders
Total Value$329.49
Total Shares775
Combined PnL+$5.18
Wizards7 traders
Total Value$614.62
Total Shares907
Combined PnL+$90.77
Hornets — 22%Wizards — 78%

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EV Calculator

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

Break-even chance88.0%

86.5¢ price + 1.0¢ spread + 0.5¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$13.58
Max Loss
-$100.00
Shares
113.6

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
0x14108b54...f8e224
Slug
nba-cha-was-2026-10-30-spread-away-3pt5
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