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Spread: Heat (-13.5)

7 of 14 top Polymarket traders hold Kings (50%) · Kings at 98¢ · $11K held · ends Nov 9

Heat2¢Kings98¢Ends Mon, Nov 9, 2026View on Polymarket
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⚠️

Avoid

Kings

Consensus Traders

14

Kings 50%

1 arb excluded

Total Value

$11.1K

Combined PnL

$346.99

Smart Money Entry

62.8¢ → 97.5¢

+55% since entry · 7 traders

Research grade

AvoidKings at 98%

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.
  • Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
  • 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

Kings

7 of 14 top traders (50%)1 arbitrage trader dimmed7 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Heat2%
Kings98%

Smart Money Breakdown by Outcome

Kings7 traders
Total Value$10.8K
Total Shares10,912
Combined PnL+$1.4K
Heat7 traders
Total Value$237.1
Total Shares3,421
Combined PnL$-1.0K
Kings — 50%Heat — 50%

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EV Calculator

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

Break-even chance98.6%

97.5¢ 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
+$1.40
Max Loss
-$100.00
Shares
101.4

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
0x52a859de...8d0646
Slug
nba-mia-sac-2026-11-08-spread-away-13pt5
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