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Smart money holds the underdog side

Most tracked traders hold Pelicans, while the market favors Grizzlies (67%). 1 of 1 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Pelicans vs. Grizzlies

Positions of the top Polymarket traders in this market · ends Nov 3

Pelicans33¢Grizzlies67¢Ends Tue, Nov 3, 2026View on Polymarket
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Avoid

Pelicans

Consensus Traders

1

Pelicans 100%

Total Value

$513.47

Combined PnL

-$6.48

Research grade

AvoidPelicans at 33%

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

1 of 1 top traders (100%)Underdog side (market favors Grizzlies 67%)1 holds an outcome priced under 50%

Market Activity

Outcome Probabilities

Pelicans33%
Grizzlies67%

Smart Money Breakdown by Outcome

Pelicans1 trader
Total Value$513.47
Total Shares1,556
Combined PnL-$6.48

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EV Calculator

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

Break-even chance35.1%

33.0¢ price + 1.0¢ spread + 1.1¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$184.72
Max Loss
-$100.00
Shares
284.7

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
0xa28d2edf...6cf9f9
Slug
nba-nop-mem-2026-11-02
Trade on Polymarket