
Magic vs. Kings: O/U 227.5
1 of 7 top Polymarket traders hold Under (14%) · Under at 99¢ · $2K held · ended Nov 11
⚠️
Avoid
Under
7
Under 14%
2 arb excluded
$1.8K
$18.21
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
1 of 7 top traders (14%)2 arbitrage traders dimmed6 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
-26 pts consensus
Breadth
1 traders
Top 2 hold 100%
Freshness
Fresh
1h old
Flip Quality
Clean
0 consensus flips
14% of non-arb traders are on Under. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
FL Flaznorp | Underavg 84.2¢ | $920.08 | $1.1K | +$163.27 | 50% 1618-1607 (3225) |
0X 0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872ARB<$100 | Overavg 20.7¢ | $324.18 | $316.89 | -$7.3 | 55% 541-436 (977) |
| └ Over leg | Overavg 20.7¢ | $257.37 | $223.82 | -$33.56 | |
| └ Under leg | Underavg 59.6¢ | $66.81 | $93.07 | +$26.26 | |
![]() RN1ARB<$100 | Underavg 73.8¢ | $212.22 | $234.23 | +$22.01 | 58% 3865-2855 (6720) |
| └ Under leg | Underavg 73.8¢ | $164.67 | $185.09 | +$20.42 | |
| └ Over leg | Overavg 17.4¢ | $47.55 | $49.14 | +$1.59 | |
38 38791873984189CTR<$100 | Overavg 17.8¢ | $62.4 | $63.18 | +$0.78 | 48% 1027-1110 (2137) |
PA Pan9XCTR<$100 | Overavg 15.1¢ | $48.81 | $47.35 | +$10.99 | 49% 498-518 (1016) |
65 6512395314597884CTR | Overavg 14.8¢ | $197.71 | $40 | -$157.71 | 51% 3187-3102 (6289) |
LR lryyyCTR<$100 | Overavg 14¢ | $12.32 | $15.84 | +$3.52 | 49% 200-208 (408) |
SN SnakeBallCTR<$100 | Overavg 41¢ | $5.14 | $2.26 | -$2.88 | 48% 231-247 (478) |
GH ghorrockCTR<$100 | Overavg 15.5¢ | $1.55 | $1.8 | +$0.25 | 54% 445-377 (822) |
Invested
$920.08
Value
$1.1K
PnL
+$163.27
Record
50%
1618-1607 (3225)
Invested
$324.18
Value
$316.89
PnL
-$7.3
Record
55%
541-436 (977)
Both legs:
RN1ARB<$100Invested
$212.22
Value
$234.23
PnL
+$22.01
Record
58%
3865-2855 (6720)
Both legs:
Invested
$62.4
Value
$63.18
PnL
+$0.78
Record
48%
1027-1110 (2137)
Invested
$48.81
Value
$47.35
PnL
+$10.99
Record
49%
498-518 (1016)
Invested
$197.71
Value
$40
PnL
-$157.71
Record
51%
3187-3102 (6289)
Invested
$12.32
Value
$15.84
PnL
+$3.52
Record
49%
200-208 (408)
Invested
$5.14
Value
$2.26
PnL
-$2.88
Record
48%
231-247 (478)
Invested
$1.55
Value
$1.8
PnL
+$0.25
Record
54%
445-377 (822)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
99.1¢ 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 — $1.1K
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
ARBArbitrage — excluded

RN1
ARBArbitrage — excluded
38791873984189
CTROver — $63.18
Pan9X
CTROver — $47.35
6512395314597884
CTROver — $40
lryyy
CTROver — $15.84
SnakeBall
CTROver — $2.26
ghorrock
CTROver — $1.8