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Smart money holds the underdog side

Most tracked traders hold Jazz, while the market favors Spurs (54%). 6 of 8 traders hold an outcome priced under 50%.

Spread: Spurs (-11.5)

6 of 8 top Polymarket traders hold Jazz (75%) · Jazz at 47¢ · $9K held · ends Oct 29

Spurs54¢Jazz46¢Ends Thu, Oct 29, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Jazz

Consensus Traders

8

Jazz 75%

1 arb excluded

Total Value

$9.2K

Combined PnL

-$90.52

Smart Money Entry

47.8¢ → 46.5¢

-3% since entry · 6 traders

Research grade

AvoidJazz at 47%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

6 of 8 top traders (75%)Underdog side (market favors Spurs 54%)1 arbitrage trader dimmed6 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Spurs54%
Jazz47%

Smart Money Breakdown by Outcome

Jazz6 traders
Total Value$6.0K
Total Shares12,690
Combined PnL-$48.39
Spurs2 traders
Total Value$1.2K
Total Shares2,381
Combined PnL-$42.13
Jazz — 75%Spurs — 25%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 76%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

86% of non-arb traders are on Jazz. Concentration is driven by the top two positions owning 76% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleJazz 100% · 1
Aligned
sharpJazz 100% · 1
Aligned
ctrJazz 83% · 6
Aligned
Top 1000Jazz 86% · 7
Aligned

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EV Calculator

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

Break-even chance48.7%

46.5¢ price + 1.0¢ spread + 1.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$105.14
Max Loss
-$100.00
Shares
205.1

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
0x6e06b566...b621af
Slug
nba-sas-uta-2026-10-28-spread-away-11pt5
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