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Spread: Raptors (-6.5)

3 of 7 top Polymarket traders hold Raptors (43%) · Raptors at 94¢ · $16K held · ended Oct 28

Raptors94¢Magic6¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Raptors

Consensus Traders

7

Raptors 43%

4 arb excluded

Total Value

$16.0K

Combined PnL

-$481.44

Smart Money Entry

56¢ → 94¢

+68% since entry · 3 traders

Research grade

AvoidRaptors 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

Raptors

3 of 7 top traders (43%)4 arbitrage traders dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Raptors94%
Magic6%

Smart Money Breakdown by Outcome

Raptors3 traders
Total Value$3.1K
Total Shares5,285
Combined PnL+$154.14
Magic4 traders
Total Value$1.6K
Total Shares4,214
Combined PnL-$635.58
Raptors — 43%Magic — 57%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 74%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

83% of non-arb traders are on Raptors. Concentration is driven by the top two positions owning 74% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleRaptors 80% · 5
Aligned
ctrRaptors 80% · 5
Aligned
Top 1000Raptors 83% · 6
Aligned

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EV Calculator

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

Break-even chance95.2%

94.0¢ price + 1.0¢ spread + 0.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$5.00
Max Loss
-$100.00
Shares
105.0

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
0x43e751cf...4a33c5
Slug
nba-orl-tor-2026-10-28-spread-home-6pt5
Trade on Polymarket