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Magic vs. Kings: O/U 231.5

2 of 8 top Polymarket traders hold Under (25%) · Under at 71¢ · $1K held · ended Nov 11

Over30¢Under70¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Under

Consensus Traders

8

Under 25%

Total Value

$1.0K

Combined PnL

-$6.15

Smart Money Entry

70.1¢ → 70.5¢

+1% since entry · 2 traders

Research grade

AvoidUnder at 71%

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

Under

2 of 8 top traders (25%)6 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over30%
Under71%

Smart Money Breakdown by Outcome

Under2 traders
Total Value$669.05
Total Shares891
Combined PnL-$29.6
Over6 traders
Total Value$354.93
Total Shares1,117
Combined PnL+$23.45
Under — 25%Over — 75%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

29% of non-arb traders are on Under. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrOver 100% · 1
Diverging
Hand-pickedOver 100% · 1
Diverging
Top 1000Over 71% · 7
Diverging

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EV Calculator

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

Break-even chance72.5%

70.5¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$37.90
Max Loss
-$100.00
Shares
137.9

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
0x3a481a9a...738ab8
Slug
nba-orl-sac-2026-11-10-total-231pt5
Trade on Polymarket