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Spread: Lakers (-1.5)

4 of 8 top Polymarket traders hold Lakers (50%) · Lakers at 65¢ · $5K held · ended Oct 25

Lakers65¢Jazz35¢Ended Sun, Oct 25, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Lakers

Consensus Traders

8

Lakers 50%

Total Value

$4.8K

Combined PnL

$468.57

Smart Money Entry

57.4¢ → 64.5¢

+12% since entry · 4 traders

Research grade

AvoidLakers at 65%

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.
  • Favourite (60–95¢)0.70–0.90 was about break-even after costs, +0.4 % a trade (n 4,327); 0.60–0.95 with 70 %+ and $10k+ +2.9 % (n 955). The consensus beats its price by 2–3 points here, about what the costs take.

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

Lakers

4 of 8 top traders (50%)4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Lakers65%
Jazz36%

Smart Money Breakdown by Outcome

Lakers4 traders
Total Value$4.7K
Total Shares6,887
Combined PnL+$509.35
Jazz4 traders
Total Value$95.14
Total Shares250
Combined PnL-$40.78
Lakers — 50%Jazz — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 99%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

43% of non-arb traders are on Lakers. Concentration is driven by the top two positions owning 99% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleLakers 67% · 3
Aligned
sharpJazz 100% · 1
Diverging
ctrJazz 57% · 7
Diverging
Top 1000Jazz 57% · 7
Diverging

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EV Calculator

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

Break-even chance66.6%

64.5¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$50.08
Max Loss
-$100.00
Shares
150.1

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
0xa519f0a6...4d95d4
Slug
nba-lal-uta-2026-10-25-spread-away-1pt5
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