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Smart money holds the underdog side

Most tracked traders hold Cavaliers, while the market favors Hawks (100%). 2 of 5 traders hold an outcome priced under 50%.

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

Spread: Cavaliers (-0.5)

2 of 5 top Polymarket traders hold Cavaliers (40%) · Cavaliers at 0.5¢ · $853 held · ended Oct 30

Cavaliers<1¢Hawks>99¢Ended Fri, Oct 30, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Cavaliers

Consensus Traders

5

Cavaliers 40%

1 arb excluded

Total Value

$853.21

Combined PnL

-$7.23

Smart Money Entry

48.8¢ → 0.5¢

-99% since entry · 2 traders

Research grade

AvoidCavaliers at 1%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
  • 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.

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

Cavaliers

2 of 5 top traders (40%)Underdog side (market favors Hawks 100%)1 arbitrage trader dimmed2 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Cavaliers1%
Hawks100%

Smart Money Breakdown by Outcome

Cavaliers2 traders
Total Value$495.24
Total Shares985
Combined PnL-$7.41
Hawks3 traders
Total Value$5.16
Total Shares10
Combined PnL+$0.18
Cavaliers — 40%Hawks — 60%

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EV Calculator

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

Break-even chance1.6%

0.5¢ price + 1.0¢ spread + 0.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$6253.74
Max Loss
-$100.00
Shares
6353.7

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
0xe011b5eb...315633
Slug
nba-cle-atl-2026-10-29-spread-away-0pt5
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