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Spread: Magic (-9.5)

4 of 6 top Polymarket traders hold Kings (67%) · Kings at 53¢ · $3K held · ended Nov 11

Magic48¢Kings52¢Ended Wed, Nov 11, 2026View on Polymarket
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⚠️

Avoid

Kings

Consensus Traders

6

Kings 67%

3 arb excluded

Total Value

$3.3K

Combined PnL

$16.96

Smart Money Entry

57.9¢ → 52.5¢

-9% since entry · 4 traders

Research grade

AvoidKings at 53%

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

Kings

4 of 6 top traders (67%)3 arbitrage traders dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic48%
Kings53%

Smart Money Breakdown by Outcome

Magic2 traders
Total Value$879.33
Total Shares1,916
Combined PnL+$183.82
Kings4 traders
Total Value$1.0K
Total Shares1,823
Combined PnL-$166.86
Magic — 33%Kings — 67%

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EV Calculator

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

Break-even chance54.7%

52.5¢ 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
+$82.67
Max Loss
-$100.00
Shares
182.7

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
0x4c229cdd...a33b79
Slug
nba-orl-sac-2026-11-10-spread-away-9pt5
Trade on Polymarket