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Spread: Lakers (-8.5)

7 of 11 top Polymarket traders hold Jazz (64%) · Jazz at 83¢ · $4K held · ended Oct 25

Lakers18¢Jazz82¢Ended Sun, Oct 25, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Jazz

Consensus Traders

11

Jazz 64%

1 arb excluded

Total Value

$3.6K

Combined PnL

-$16.47

Smart Money Entry

57.2¢ → 82.5¢

+44% since entry · 7 traders

Research grade

AvoidJazz at 83%

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.
  • 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

Jazz

7 of 11 top traders (64%)1 arbitrage trader dimmed4 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Lakers18%
Jazz83%

Smart Money Breakdown by Outcome

Jazz7 traders
Total Value$2.0K
Total Shares3,408
Combined PnL+$56.05
Lakers4 traders
Total Value$202.67
Total Shares725
Combined PnL-$72.52
Jazz — 64%Lakers — 36%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 82%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

43% of non-arb traders are on Jazz. Concentration is driven by the top two positions owning 82% 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 (6 on Lakers) disagree here.
whaleLakers 50% · 2
Diverging
sharpJazz 100% · 1
Aligned
ctrLakers 67% · 6
Diverging
Hand-pickedJazz 100% · 1
Aligned
Top 1000Lakers 67% · 6
Diverging

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EV Calculator

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

Break-even chance84.2%

82.5¢ price + 1.0¢ spread + 0.7¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$18.78
Max Loss
-$100.00
Shares
118.8

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
0x58bd744a...df20f2
Slug
nba-lal-uta-2026-10-25-spread-away-8pt5
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