Skip to content

Database problems: some data is degraded. We're fixing it right now.

Details
PolyConsensus
Back to Markets

Spread: Magic (-5.5)

11 of 18 top Polymarket traders hold Jazz (61%) · Jazz at 73¢ · $8K held · ended Nov 12

Magic27¢Jazz73¢Ended Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Jazz

Consensus Traders

18

Jazz 61%

4 arb excluded

Total Value

$8.0K

Combined PnL

$335.12

Smart Money Entry

57¢ → 73¢

+28% since entry · 11 traders

Research grade

AvoidJazz at 73%

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

Jazz

11 of 18 top traders (61%)4 arbitrage traders dimmed7 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic27%
Jazz73%

Smart Money Breakdown by Outcome

Jazz11 traders
Total Value$3.8K
Total Shares5,276
Combined PnL+$472.66
Magic7 traders
Total Value$944.34
Total Shares2,568
Combined PnL-$137.54
Jazz — 61%Magic — 39%

Signal Intelligence

Momentum

Surging

-4 pts consensus

Breadth

10 traders

Top 2 hold 80%

Freshness

Fresh

1h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

63% of non-arb traders are on Jazz. Concentration is driven by the top two positions owning 80% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Magic) and the top 1000 (15 on Jazz) disagree here.
ctrJazz 50% · 12
Aligned
Hand-pickedMagic 100% · 1
Diverging
Top 1000Jazz 67% · 15
Aligned
RN1ARB<$100
Jazz

Invested

$2,087.32

Value

$2.1K

PnL

-$37.31

Record

57%

4155-3181 (7336)

Both legs:

Jazz$1,263.6857.3¢+$104.02
Magic$823.6445.9¢-$141.33
FL
Flaznorp
Jazz

Invested

$1,542.98

Value

$1.3K

PnL

+$139

Record

51%

2141-2070 (4211)

GL
glennyorkshire
Jazz

Invested

$961.48

Value

$1.2K

PnL

+$250.38

Record

50%

72-72 (144)

0X
0x228B8d11EBa89BF1c554f8879a9293B7106DaF4c-1765442354872
Jazz

Invested

$2,811.75

Value

$882.43

PnL

+$40.45

Record

55%

843-701 (1544)

65
6512395314597884ARB<$100
Magic

Invested

$454.84

Value

$499.46

PnL

+$44.62

Record

50%

3334-3292 (6626)

Both legs:

Magic$28338.3¢+$8.56
Jazz$171.8450¢+$36.06
AN
Anon455ARB<$100
Magic

Invested

$561.58

Value

$467.42

PnL

-$94.16

Record

46%

200-233 (433)

Both legs:

Magic$448.3643.1¢-$104.86
Jazz$113.2261.2¢+$10.7
LI
LimousinCTR
Magic

Invested

$221.41

Value

$278.02

PnL

+$56.61

Record

31%

438-969 (1407)

0X
0x9b11866433281ade9f2811dbde8acdefc45f5375CTR
Magic

Invested

$324.52

Value

$216.81

PnL

-$107.72

Record

53%

305-275 (580)

HO
HomeRunHazardARB<$100
Magic

Invested

$231.63

Value

$200.22

PnL

-$31.41

Record

57%

3276-2473 (5749)

Both legs:

Magic$197.1842¢-$37.56
Jazz$34.4556¢+$6.15
TA
takeormake
Jazz

Invested

$117.82

Value

$139.32

PnL

+$21.51

Record

58%

3230-2327 (5557)

VeryLucky888CTR
Magic

Invested

$149.03

Value

$131.7

PnL

-$17.33

Record

52%

597-541 (1138)

nigiri99CTR
Magic

Invested

$161.68

Value

$127.84

PnL

-$33.84

Record

52%

235-217 (452)

KE
keeptheblueflagflyinghigh
Jazz

Invested

$104.57

Value

$118.67

PnL

+$14.1

Record

52%

1914-1760 (3674)

VE
VenusianCTR<$100
Magic

Invested

$66.28

Value

$96.5

PnL

+$30.22

Record

31%

444-971 (1415)

38
38791873984189
Jazz

Invested

$595.15

Value

$85.49

PnL

-$7.99

Record

47%

1681-1866 (3547)

JU
justaluckydudeCTR
Magic

Invested

$117.6

Value

$68.4

PnL

-$49.2

Record

39%

233-367 (600)

LI
LightParadox<$100
Jazz

Invested

$24.07

Value

$31.09

PnL

+$7.02

Record

31%

441-967 (1408)

NA
NatoAlfista<$100
Jazz

Invested

$21.12

Value

$25.34

PnL

+$4.22

Record

39%

80-127 (207)

AV
averagejoetradersCTR<$100
Magic

Invested

$41.36

Value

$25.08

PnL

-$16.28

Record

56%

722-566 (1288)

PA
Pan9X
Jazz

Invested

$104.9

Value

$21.68

PnL

+$2.9

Record

49%

786-829 (1615)

SU
suntori<$100
Jazz

Invested

$7.33

Value

$7.18

PnL

+$0.34

Record

47%

1320-1474 (2794)

FE
ferdinand2<$100
Jazz

Invested

$2.85

Value

$3.57

PnL

+$0.72

Record

49%

973-998 (1971)

Chat

EV Calculator

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

Break-even chance75.0%

73.0¢ 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
+$33.40
Max Loss
-$100.00
Shares
133.4

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
0x816e88e3...c8d6fd
Slug
nba-orl-uta-2026-11-11-spread-away-5pt5
Trade on Polymarket