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Smart money holds the underdog side

Most tracked traders hold Pistons, while the market favors Knicks (57%). 3 of 6 traders hold an outcome priced under 50%.

Spread: Pistons (-2.5)

3 of 6 top Polymarket traders hold Pistons (50%) · Pistons at 43¢ · $8K held · ended Oct 28

Pistons43¢Knicks57¢Ended Wed, Oct 28, 2026View on Polymarket
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⚠️

Avoid

Pistons

Consensus Traders

6

Pistons 50%

4 arb excluded

Total Value

$8.1K

Combined PnL

$167.54

Smart Money Entry

35.1¢ → 42.5¢

+21% since entry · 3 traders

Research grade

AvoidPistons at 43%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Pistons

3 of 6 top traders (50%)Underdog side (market favors Knicks 57%)4 arbitrage traders dimmed3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Pistons43%
Knicks57%

Smart Money Breakdown by Outcome

Pistons3 traders
Total Value$766.65
Total Shares1,481
Combined PnL+$213.05
Knicks3 traders
Total Value$392.6
Total Shares783
Combined PnL-$45.5
Pistons — 50%Knicks — 50%

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EV Calculator

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

Break-even chance44.7%

42.5¢ 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
+$123.57
Max Loss
-$100.00
Shares
223.6

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
0x38fba4a2...7a945f
Slug
nba-det-nyk-2026-10-27-spread-away-2pt5
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