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Smart money holds the underdog side

Most tracked traders hold Kings, while the market favors Magic (68%). 2 of 6 traders hold an outcome priced under 50%.

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

Magic vs. Kings

2 of 6 top Polymarket traders hold Kings (33%) · Kings at 33¢ · $958 held · ends Nov 11

Magic68¢Kings32¢Ends Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Kings

Consensus Traders

6

Kings 33%

1 arb excluded

Total Value

$957.62

Combined PnL

$8.29

Smart Money Entry

32¢ → 32.5¢

+2% since entry · 2 traders

Research grade

AvoidKings 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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that 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

Kings

2 of 6 top traders (33%)Underdog side (market favors Magic 68%)1 arbitrage trader dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic68%
Kings33%

Smart Money Breakdown by Outcome

Magic4 traders
Total Value$247.66
Total Shares358
Combined PnL+$1.98
Kings2 traders
Total Value$259.76
Total Shares787
Combined PnL+$6.31
Magic — 67%Kings — 33%

Signal Intelligence

Momentum

Fading

-42 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

1h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

33% of non-arb traders are on Kings. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
sharpKings 100% · 1
Aligned
ctrMagic 75% · 4
Diverging
Hand-pickedMagic 100% · 1
Diverging
Top 1000Magic 60% · 5
Diverging

Chat

EV Calculator

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

Break-even chance34.6%

32.5¢ 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
+$188.90
Max Loss
-$100.00
Shares
288.9

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
0x15ea6c2a...0e0409
Slug
nba-orl-sac-2026-11-10
Trade on Polymarket