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Spread: Lakers (-3.5)

3 of 7 top Polymarket traders hold Lakers (43%) · Lakers at 52¢ · $7K held · ended Oct 25

Lakers52¢Jazz48¢Ended Sun, Oct 25, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Lakers

Consensus Traders

7

Lakers 43%

2 arb excluded

Total Value

$6.6K

Combined PnL

$238.47

Smart Money Entry

53.5¢ → 51.5¢

-4% since entry · 3 traders

Research grade

AvoidLakers at 52%

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 50–60¢0.50–0.70 lost −3.2 % a trade pooled (n 3,834).

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

3 of 7 top traders (43%)2 arbitrage traders dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Lakers52%
Jazz49%

Smart Money Breakdown by Outcome

Lakers3 traders
Total Value$3.2K
Total Shares4,964
Combined PnL+$310.47
Jazz4 traders
Total Value$1.6K
Total Shares3,637
Combined PnL-$72
Lakers — 43%Jazz — 57%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

40% of non-arb traders are on Lakers. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Jazz) and the top 1000 (4 on Lakers) disagree here.
whaleLakers 50% · 2
Aligned
sharpJazz 100% · 1
Diverging
ctrLakers 50% · 4
Aligned
Hand-pickedJazz 100% · 1
Diverging
Top 1000Lakers 50% · 4
Aligned

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EV Calculator

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

Break-even chance53.7%

51.5¢ 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
+$86.06
Max Loss
-$100.00
Shares
186.1

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
0xce3ea123...3d485f
Slug
nba-lal-uta-2026-10-25-spread-away-3pt5
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