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Spread: Warriors (-11.5)

6 of 10 top Polymarket traders hold Pelicans (60%) · Pelicans at 51¢ · $15K held · ends Nov 10

Warriors50¢Pelicans50¢Ends Tue, Nov 10, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Pelicans

Consensus Traders

10

Pelicans 60%

2 arb excluded

Total Value

$15.2K

Combined PnL

-$193.21

Smart Money Entry

55.7¢ → 50.5¢

-9% since entry · 6 traders

Research grade

AvoidPelicans at 51%

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

Pelicans

6 of 10 top traders (60%)2 arbitrage traders dimmed4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Warriors50%
Pelicans51%

Smart Money Breakdown by Outcome

Pelicans6 traders
Total Value$2.2K
Total Shares4,499
Combined PnL-$277.73
Warriors4 traders
Total Value$1.6K
Total Shares3,136
Combined PnL+$84.52
Pelicans — 60%Warriors — 40%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

7 traders

Top 2 hold 93%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

64% of non-arb traders are on Pelicans. Concentration is driven by the top two positions owning 93% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrPelicans 56% · 9
Aligned
Hand-pickedPelicans 100% · 1
Aligned
Top 1000Pelicans 64% · 11
Aligned

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EV Calculator

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

Break-even chance52.7%

50.5¢ 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
+$89.58
Max Loss
-$100.00
Shares
189.6

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
0xed92ca86...5156e4
Slug
nba-nop-gsw-2026-11-09-spread-home-11pt5
Trade on Polymarket