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Spread: Hornets (-2.5)

1 of 2 top Polymarket traders hold Wizards (50%) · Wizards at 52¢ · $585 held · ends Oct 26

Hornets48¢Wizards52¢Ends Mon, Oct 26, 2026View on Polymarket
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Avoid

Wizards

Consensus Traders

2

Wizards 50%

Total Value

$584.57

Combined PnL

$0.4

Research grade

AvoidWizards at 52%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Side priced 50–60¢0.50–0.70 lost −3.2 % a trade pooled (n 3,834).

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

1 of 2 top traders (50%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Hornets48%
Wizards52%

Smart Money Breakdown by Outcome

Wizards1 trader
Total Value$545.48
Total Shares1,049
Combined PnL+$0
Hornets1 trader
Total Value$39.09
Total Shares51
Combined PnL+$0.4
Wizards — 50%Hornets — 50%

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EV Calculator

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

Break-even chance54.2%

52.0¢ 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
+$84.35
Max Loss
-$100.00
Shares
184.3

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
0xc8db30dc...c3af5f
Slug
nba-was-cha-2026-10-26-spread-home-2pt5
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