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Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (61%). 2 of 8 traders hold an outcome priced under 50%.

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

Bulls vs. Celtics: O/U 235.5

2 of 8 top Polymarket traders hold Over (25%) · Over at 39¢ · $7K held · ended Oct 26

Over39¢Under61¢Ended Mon, Oct 26, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Over

Consensus Traders

8

Over 25%

2 arb excluded

Total Value

$6.8K

Combined PnL

$103.08

Smart Money Entry

52.1¢ → 39¢

-25% since entry · 2 traders

Research grade

AvoidOver at 39%

Matches a pattern that lost clearly more than the trading costs in the backtests.

  • BasketballBasketball lost in both windows: −12.0 % a trade in spring (95 % CI −22 to −2), −9.2 % in October.
  • Spread or totalSpreads 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 30–50¢0.30–0.50 lost −6.5 % a trade pooled (n 2,793), a little worse than the plain consensus.

Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.

Smart Money Signal

Over

2 of 8 top traders (25%)Underdog side (market favors Under 61%)2 arbitrage traders dimmed2 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Over39%
Under61%

Smart Money Breakdown by Outcome

Over2 traders
Total Value$1.1K
Total Shares1,922
Combined PnL+$71.21
Under6 traders
Total Value$742.37
Total Shares1,266
Combined PnL+$31.87
Over — 25%Under — 75%

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EV Calculator

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

Break-even chance41.2%

39.0¢ 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
+$142.72
Max Loss
-$100.00
Shares
242.7

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
0xa4de7d3d...6c55ba
Slug
nba-chi-bos-2026-10-26-total-235pt5
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