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Smart money holds the underdog side

Most tracked traders hold Kings, while the market favors Magic (53%). 4 of 5 traders hold an outcome priced under 50%.

Spread: Magic (-5.5)

4 of 5 top Polymarket traders hold Kings (80%) · Kings at 48¢ · $668 held · ends Nov 11

Magic53¢Kings47¢Ends Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Kings

Consensus Traders

5

Kings 80%

Total Value

$668.2

Combined PnL

$2.64

Smart Money Entry

47¢ → 47.5¢

+1% since entry · 4 traders

Research grade

AvoidKings at 48%

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 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

4 of 5 top traders (80%)Underdog side (market favors Magic 53%)4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic53%
Kings48%

Smart Money Breakdown by Outcome

Kings4 traders
Total Value$438.62
Total Shares928
Combined PnL+$2.64
Magic1 trader
Total Value$229.58
Total Shares442
Combined PnL-$0
Kings — 80%Magic — 20%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 98%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

80% of non-arb traders are on Kings. Concentration is driven by the top two positions owning 98% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrKings 67% · 3
Aligned
Hand-pickedKings 100% · 1
Aligned
Top 1000Kings 75% · 4
Aligned

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EV Calculator

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

Break-even chance49.7%

47.5¢ 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
+$101.01
Max Loss
-$100.00
Shares
201.0

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
0x65189082...bf4f8c
Slug
nba-orl-sac-2026-11-10-spread-away-5pt5
Trade on Polymarket