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Smart money holds the underdog side

Most tracked traders hold 76ers, while the market favors Hornets (85%). 4 of 7 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Spread: 76ers (-4.5)

4 of 7 top Polymarket traders hold 76ers (57%) · 76ers at 15¢ · $50K held · ended Oct 31

76ers15¢Hornets85¢Ended Sat, Oct 31, 2026View on Polymarket
SIGNAL

⚠️

Avoid

76ers

Consensus Traders

7

76ers 57%

1 arb excluded

Total Value

$49.6K

Combined PnL

$-7.4K

Smart Money Entry

45.1¢ → 15¢

-67% since entry · 4 traders

Research grade

Avoid76ers at 15%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
  • 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.

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

76ers

4 of 7 top traders (57%)Underdog side (market favors Hornets 85%)1 arbitrage trader dimmed4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

76ers15%
Hornets85%

Smart Money Breakdown by Outcome

76ers4 traders
Total Value$48.1K
Total Shares123,170
Combined PnL$-7.5K
Hornets3 traders
Total Value$282.74
Total Shares464
Combined PnL+$31.17
76ers — 57%Hornets — 43%

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EV Calculator

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

Break-even chance16.7%

15.0¢ price + 1.0¢ spread + 0.7¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$499.81
Max Loss
-$100.00
Shares
599.8

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
0x073a4509...975dc0
Slug
nba-phi-cha-2026-10-31-spread-away-4pt5
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