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Smart money holds the underdog side

Most tracked traders hold Over, while the market favors Under (97%). 4 of 5 traders hold an outcome priced under 50%.

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

Wizards vs. Hornets: O/U 233.5

4 of 5 top Polymarket traders hold Over (80%) · Over at 2.9¢ · $326 held · ended Oct 26

Over3¢Under97¢Ended Mon, Oct 26, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Over

Consensus Traders

5

Over 80%

Total Value

$326.04

Combined PnL

-$95.12

Smart Money Entry

43.4¢ → 2.9¢

-93% since entry · 4 traders

Research grade

AvoidOver at 3%

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

  • Consensus side under 30¢Longshots (0.05–0.30) lost −29.5 % a trade pooled (n 1,625; −22 % in spring, −35 % in October): the strongest effect 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.

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

Over

4 of 5 top traders (80%)Underdog side (market favors Under 97%)4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Over3%
Under97%

Smart Money Breakdown by Outcome

Over4 traders
Total Value$305.58
Total Shares899
Combined PnL-$100.23
Under1 trader
Total Value$20.46
Total Shares33
Combined PnL+$5.12
Over — 80%Under — 20%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 81%

Freshness

Mature

29h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

80% of non-arb traders are on Over. Concentration is driven by the top two positions owning 81% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrOver 75% · 4
Aligned
Hand-pickedOver 100% · 1
Aligned
Top 1000Over 75% · 4
Aligned

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EV Calculator

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

Break-even chance4.1%

2.9¢ price + 1.0¢ spread + 0.2¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$2315.63
Max Loss
-$100.00
Shares
2415.6

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
0x9d133cd5...21fb6e
Slug
nba-was-cha-2026-10-26-total-233pt5
Trade on Polymarket