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Spread: Jazz (-3.5)

7 of 8 top Polymarket traders hold Heat (88%) · Heat at 99¢ · $6K held · ended Nov 11

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

⚠️

Avoid

Heat

Consensus Traders

8

Heat 88%

Total Value

$5.7K

Combined PnL

$77.04

Smart Money Entry

89.5¢ → 99.1¢

+11% since entry · 7 traders

Research grade

AvoidHeat at 99%

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

Heat

7 of 8 top traders (88%)1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Jazz1%
Heat99%

Smart Money Breakdown by Outcome

Heat7 traders
Total Value$5.7K
Total Shares5,826
Combined PnL+$91.46
Jazz1 trader
Total Value$4.92
Total Shares547
Combined PnL-$14.42
Heat — 88%Jazz — 12%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 82%

Freshness

Fresh

3h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

100% of non-arb traders are on Heat. 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
ctrHeat 100% · 1
Aligned
Top 1000Heat 100% · 5
Aligned

Chat

EV Calculator

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

Break-even chance99.9%

99.1¢ 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
0xa70be67c...e59afe
Slug
nba-mia-uta-2026-11-10-spread-home-3pt5
Trade on Polymarket