PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Hawks, while the market favors Cavaliers (100%). 4 of 10 traders hold an outcome priced under 50%.

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

Spread: Hawks (-5.5)

4 of 10 top Polymarket traders hold Hawks (40%) · Hawks at 0.5¢ · $13K held · ended Oct 30

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

⚠️

Avoid

Hawks

Consensus Traders

10

Hawks 40%

3 arb excluded

Total Value

$12.9K

Combined PnL

$-1.5K

Smart Money Entry

50.9¢ → 0.5¢

-99% since entry · 4 traders

Research grade

AvoidHawks 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

Hawks

4 of 10 top traders (40%)Underdog side (market favors Cavaliers 100%)3 arbitrage traders dimmed4 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Hawks1%
Cavaliers100%

Smart Money Breakdown by Outcome

Hawks4 traders
Total Value$8.5K
Total Shares19,200
Combined PnL$-1.5K
Cavaliers6 traders
Total Value$375.43
Total Shares753
Combined PnL+$6.1
Hawks — 40%Cavaliers — 60%

Chat

Sign in with your wallet to post.

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
0xe01cc67d...e1d94b
Slug
nba-cle-atl-2026-10-29-spread-home-5pt5
Trade on Polymarket