
Magic vs. Kings: O/U 199.5
2 of 5 top Polymarket traders hold Over (40%) · Over at 94¢ · $1K held · ended Nov 11
⚠️
Avoid
Over
5
Over 40%
$1.3K
$157.46
93¢ → 93.5¢
+1% since entry · 2 traders
Research grade
AvoidOver at 94%
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.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.
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
2 of 5 top traders (40%)3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL Flaznorp | Overavg 92.8¢ | $932.75 | $1.1K | +$142.17 | 50% 1562-1566 (3128) |
![]() RN1 | Overavg 94¢ | $134.42 | $133.71 | -$0.71 | 58% 3830-2807 (6637) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872CTR<$100 | Underavg 5.7¢ | $42.1 | $55.78 | +$13.68 | 56% 504-395 (899) |
65 6512395314597884CTR<$100 | Underavg 7¢ | $5.16 | $6.64 | +$1.48 | 51% 3173-3073 (6246) |
CI cigarettesCTR<$100 | Underavg 5¢ | $1.06 | $1.91 | +$0.85 | 53% 5552-4939 (10491) |
Invested
$932.75
Value
$1.1K
PnL
+$142.17
Record
50%
1562-1566 (3128)
RN1Invested
$134.42
Value
$133.71
PnL
-$0.71
Record
58%
3830-2807 (6637)
Invested
$42.1
Value
$55.78
PnL
+$13.68
Record
56%
504-395 (899)
Invested
$5.16
Value
$6.64
PnL
+$1.48
Record
51%
3173-3073 (6246)
Invested
$1.06
Value
$1.91
PnL
+$0.85
Record
53%
5552-4939 (10491)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
93.5¢ price + 1.0¢ spread + 0.3¢ fee (Sports 5%). Win more often than this and the bet pays.
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.