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Spread: Heat (-13.5)

6 of 9 top Polymarket traders hold Jazz (67%) · Jazz at 55¢ · $3K held · ended Nov 11

Heat46¢Jazz54¢Ended Wed, Nov 11, 2026View on Polymarket
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Avoid

Jazz

Consensus Traders

9

Jazz 67%

2 arb excluded

Total Value

$3.5K

Combined PnL

$157.67

Smart Money Entry

50.5¢ → 54.5¢

+8% since entry · 6 traders

Research grade

AvoidJazz at 55%

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.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Jazz

6 of 9 top traders (67%)2 arbitrage traders dimmed3 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Heat46%
Jazz55%

Smart Money Breakdown by Outcome

Jazz6 traders
Total Value$1.4K
Total Shares2,448
Combined PnL+$137.43
Heat3 traders
Total Value$571.68
Total Shares1,246
Combined PnL+$20.24
Jazz — 67%Heat — 33%

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EV Calculator

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

Break-even chance56.7%

54.5¢ 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
+$76.26
Max Loss
-$100.00
Shares
176.3

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
0xfeb704b1...6bac28
Slug
nba-mia-uta-2026-11-10-spread-away-13pt5
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