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Spread: Heat (-18.5)

10 of 14 top Polymarket traders hold Jazz (71%) · Jazz at 100¢ · $13K held · ended Nov 11

Heat<1¢Jazz>99¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Jazz

Consensus Traders

14

Jazz 71%

3 arb excluded

Total Value

$13.1K

Combined PnL

$94.39

Smart Money Entry

56.8¢ → 99.6¢

+75% since entry · 10 traders

Research grade

AvoidJazz at 100%

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.

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

10 of 14 top traders (71%)3 arbitrage traders dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Heat0%
Jazz100%

Smart Money Breakdown by Outcome

Jazz10 traders
Total Value$11.5K
Total Shares13,070
Combined PnL+$1.3K
Heat4 traders
Total Value$128.97
Total Shares3,364
Combined PnL$-1.3K
Jazz — 71%Heat — 29%
0X
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
Jazz

Invested

$5,767.89

Value

$5.2K

PnL

-$551.53

Record

56%

504-395 (899)

FL
Flaznorp
Jazz

Invested

$1,555.54

Value

$2.9K

PnL

+$1.4K

Record

50%

1562-1566 (3128)

0X
0x9b11866433281ade9f2811dbde8acdefc45f5375
Jazz

Invested

$1,243.11

Value

$1.5K

PnL

+$388.62

Record

54%

217-188 (405)

RN1ARB<$100
Heat

Invested

$863.31

Value

$980.04

PnL

+$116.73

Record

58%

3830-2807 (6637)

Both legs:

Heat$532.6536¢+$229.14
Jazz$330.6673.5¢-$112.41
LI
Limousin
Jazz

Invested

$333.61

Value

$693.05

PnL

+$359.44

Record

29%

314-785 (1099)

BI
biying88888
Jazz

Invested

$951.4

Value

$448.85

PnL

-$502.55

Record

27%

63-170 (233)

TA
takeormake
Jazz

Invested

$221.63

Value

$427.89

PnL

+$206.26

Record

59%

3119-2207 (5326)

38
38791873984189ARB<$100
Jazz

Invested

$487.43

Value

$392.35

PnL

+$12.51

Record

48%

969-1052 (2021)

Both legs:

Jazz$269.7668.8¢-$20.85
Heat$143.0636.4¢+$33.36
VE
Venusian
Jazz

Invested

$143.17

Value

$166.17

PnL

+$97.87

Record

28%

305-773 (1078)

PA
Pan9X
Jazz

Invested

$127.21

Value

$87.3

PnL

-$26.76

Record

49%

450-474 (924)

65
6512395314597884CTR
Heat

Invested

$891.92

Value

$76.4

PnL

-$815.52

Record

51%

3173-3073 (6246)

CI
cigarettesARB<$100
Jazz

Invested

$47.82

Value

$56.97

PnL

+$9.15

Record

53%

5552-4939 (10491)

Both legs:

Jazz$31.8274¢+$0.65
Heat$1616¢+$8.5
LI
LightParadoxCTR
Heat

Invested

$231.22

Value

$27.26

PnL

-$203.96

Record

28%

299-766 (1065)

MA
MadridTimeCTR
Heat

Invested

$258.75

Value

$25.26

PnL

-$233.49

Record

29%

307-750 (1057)

JU
justaluckydude<$100
Jazz

Invested

$5.2

Value

$6.05

PnL

+$0.84

Record

30%

134-317 (451)

SE
sentrio<$100
Jazz

Invested

$5.98

Value

$4.99

PnL

-$1

Record

35%

266-490 (756)

SU
SunflowaRebuildYearCTR<$100
Heat

Invested

$2

Value

$0.04

PnL

-$1.96

Record

6%

28-415 (443)

Chat

EV Calculator

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

Break-even chance99.9%

99.6¢ price + 1.0¢ spread + 0.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$0.10
Max Loss
-$100.00
Shares
100.1

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
0x9f393a83...b1670d
Slug
nba-mia-uta-2026-11-10-spread-away-18pt5
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