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Smart money holds the underdog side

Most tracked traders hold Wizards, while the market favors Hornets (52%). 4 of 5 traders hold an outcome priced under 50%.

Spread: Hornets (-1.5)

4 of 5 top Polymarket traders hold Wizards (80%) · Wizards at 49¢ · $3K held · ends Oct 26

Hornets52¢Wizards48¢Ends Mon, Oct 26, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Wizards

Consensus Traders

5

Wizards 80%

1 arb excluded

Total Value

$3.3K

Combined PnL

-$21.84

Smart Money Entry

44.5¢ → 48.5¢

+9% since entry · 4 traders

Research grade

AvoidWizards at 49%

Matches a pattern that lost clearly more than the trading costs in the backtests.

  • BasketballBasketball lost in both windows: −12.0 % a trade in spring (95 % CI −22 to −2), −9.2 % in October.
  • Spread or totalSpreads and totals: −14.5 % a trade in spring (95 % CI −27 to −1), +1.5 % in October: no edge.
  • Side priced 30–50¢0.30–0.50 lost −6.5 % a trade pooled (n 2,793), a little worse than the plain consensus.

Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.

Smart Money Signal

Wizards

4 of 5 top traders (80%)Underdog side (market favors Hornets 52%)1 arbitrage trader dimmed4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Hornets52%
Wizards49%

Smart Money Breakdown by Outcome

Wizards4 traders
Total Value$3.2K
Total Shares7,178
Combined PnL-$22.04
Hornets1 trader
Total Value$11
Total Shares20
Combined PnL+$0.2
Wizards — 80%Hornets — 20%

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EV Calculator

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

Break-even chance50.7%

48.5¢ 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
+$97.04
Max Loss
-$100.00
Shares
197.0

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
0x05c58093...5f3de6
Slug
nba-was-cha-2026-10-26-spread-home-1pt5
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