
Magic vs. Kings: O/U 225.5
5 of 9 top Polymarket traders hold Under (56%) · Under at 99¢ · $5K held · ended Nov 11
⚠️
Avoid
Under
9
Under 56%
2 arb excluded
$4.9K
$220.26
59.9¢ → 99.3¢
+66% since entry · 5 traders
Research grade
AvoidUnder at 99%
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.
- Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
- 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.
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
5 of 9 top traders (56%)2 arbitrage traders dimmed4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+27 pts consensus
Breadth
4 traders
Top 2 hold 98%
Freshness
Fresh
1h old
Flip Quality
Clean
0 consensus flips
57% of non-arb traders are on Under. Concentration is driven by the top two positions owning 98% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL Flaznorp | Underavg 57.3¢ | $2.1K | $3.3K | +$1.2K | 50% 1618-1607 (3225) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872CTR | Overavg 47.9¢ | $1.4K | $642.29 | -$773.17 | 55% 541-436 (977) |
65 6512395314597884 | Underavg 82.6¢ | $654.81 | $421.09 | -$233.72 | 51% 3187-3102 (6289) |
SN SnakeBall | Underavg 58¢ | $220.98 | $304.8 | +$83.82 | 48% 231-247 (478) |
![]() RN1ARB<$100 | Overavg 44.5¢ | $170.13 | $135.77 | -$34.36 | 58% 3865-2855 (6720) |
| └ Under leg | Underavg 67.2¢ | $79.96 | $95.2 | +$15.24 | |
| └ Over leg | Overavg 44.5¢ | $90.17 | $40.57 | -$49.6 | |
38 38791873984189ARB<$100 | Underavg 80¢ | $125.53 | $70.5 | -$44.23 | 48% 1027-1110 (2137) |
| └ Under leg | Underavg 80¢ | $50.4 | $50.4 | +$0 | |
| └ Over leg | Overavg 48.6¢ | $48.87 | $20.1 | -$44.23 | |
HO HomeRunHazardCTR<$100 | Overavg 44¢ | $29.61 | $13.46 | -$16.15 | 57% 3101-2332 (5433) |
CI cigarettesCTR<$100 | Overavg 37¢ | $18.5 | $10 | -$8.5 | 53% 5575-4959 (10534) |
PA Pan9X<$100 | Underavg 69.6¢ | $51.33 | $6.52 | +$12.01 | 49% 498-518 (1016) |
GH ghorrockCTR<$100 | Overavg 40¢ | $9.75 | $4.87 | -$4.87 | 54% 445-377 (822) |
KE keeptheblueflagflyinghigh<$100 | Underavg 50¢ | $0.5 | $0.8 | +$0.3 | 54% 1691-1468 (3159) |
Invested
$2,104.21
Value
$3.3K
PnL
+$1.2K
Record
50%
1618-1607 (3225)
Invested
$1,415.46
Value
$642.29
PnL
-$773.17
Record
55%
541-436 (977)
Invested
$654.81
Value
$421.09
PnL
-$233.72
Record
51%
3187-3102 (6289)
Invested
$220.98
Value
$304.8
PnL
+$83.82
Record
48%
231-247 (478)
RN1ARB<$100Invested
$170.13
Value
$135.77
PnL
-$34.36
Record
58%
3865-2855 (6720)
Both legs:
Invested
$125.53
Value
$70.5
PnL
-$44.23
Record
48%
1027-1110 (2137)
Both legs:
Invested
$29.61
Value
$13.46
PnL
-$16.15
Record
57%
3101-2332 (5433)
Invested
$18.5
Value
$10
PnL
-$8.5
Record
53%
5575-4959 (10534)
Invested
$51.33
Value
$6.52
PnL
+$12.01
Record
49%
498-518 (1016)
Invested
$9.75
Value
$4.87
PnL
-$4.87
Record
54%
445-377 (822)
Invested
$0.5
Value
$0.8
PnL
+$0.3
Record
54%
1691-1468 (3159)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
99.3¢ price + 1.0¢ spread + 0.0¢ 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.
Market Info
Traders in this Market
Flaznorp
Under — $3.3K
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
CTROver — $642.29
6512395314597884
Under — $421.09
SnakeBall
Under — $304.8

RN1
ARBArbitrage — excluded
38791873984189
ARBArbitrage — excluded
HomeRunHazard
CTROver — $13.46
cigarettes
CTROver — $10
Pan9X
Under — $6.52
ghorrock
CTROver — $4.87