
Magic vs. Kings: O/U 203.5
2 of 3 top Polymarket traders hold Over (67%) · Over at 83¢ · $2K held · ended Nov 11
⚠️
Avoid
Over
3
Over 67%
3 arb excluded
$1.5K
$2.07
89.6¢ → 82.5¢
-8% since entry · 2 traders
Research grade
AvoidOver at 83%
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.
- 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 3 top traders (67%)3 arbitrage traders dimmed1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
4 traders
Top 2 hold 70%
Freshness
Fresh
0h old
Flip Quality
Clean
0 consensus flips
80% of non-arb traders are on Over. Concentration is driven by the top two positions owning 70% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
65 6512395314597884 | Overavg 89¢ | $450.45 | $459.02 | +$8.57 | 51% 3173-3073 (6246) |
![]() RN1ARB<$100 | Overavg 88.7¢ | $659.82 | $448.25 | +$8.54 | 58% 3830-2807 (6637) |
| └ Over leg | Overavg 88.7¢ | $306.88 | $299.29 | -$11.88 | |
| └ Under leg | Underavg 11.6¢ | $128.54 | $148.96 | +$20.42 | |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872ARB<$100 | Overavg 87¢ | $289 | $309.01 | +$20 | 56% 504-395 (899) |
| └ Over leg | Overavg 87¢ | $220.11 | $223.91 | +$3.79 | |
| └ Under leg | Underavg 9.3¢ | $68.89 | $85.1 | +$16.21 | |
FL FlaznorpARB<$100 | Overavg 89¢ | $374.39 | $202.68 | +$10.19 | 50% 1562-1566 (3128) |
| └ Over leg | Overavg 89¢ | $157.62 | $154.08 | +$0.46 | |
| └ Under leg | Underavg 10.4¢ | $38.87 | $48.61 | +$9.74 | |
SU suitcase6628<$100 | Overavg 93¢ | $83.7 | $76.95 | -$6.75 | 64% 180-100 (280) |
PA Pan9XCTR<$100 | Underavg 10¢ | $5 | $5.25 | +$0.25 | 49% 450-474 (924) |
Invested
$450.45
Value
$459.02
PnL
+$8.57
Record
51%
3173-3073 (6246)
RN1ARB<$100Invested
$659.82
Value
$448.25
PnL
+$8.54
Record
58%
3830-2807 (6637)
Both legs:
Invested
$289
Value
$309.01
PnL
+$20
Record
56%
504-395 (899)
Both legs:
Invested
$374.39
Value
$202.68
PnL
+$10.19
Record
50%
1562-1566 (3128)
Both legs:
Invested
$83.7
Value
$76.95
PnL
-$6.75
Record
64%
180-100 (280)
Invested
$5
Value
$5.25
PnL
+$0.25
Record
49%
450-474 (924)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
82.5¢ price + 1.0¢ spread + 0.7¢ 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.