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Smart money holds the underdog side

Most tracked traders hold Cavaliers, while the market favors Wizards (87%). 4 of 8 traders hold an outcome priced under 50%.

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

Spread: Cavaliers (-7.5)

4 of 8 top Polymarket traders hold Cavaliers (50%) · Cavaliers at 14¢ · $10K held · ended Oct 28

Cavaliers14¢Wizards86¢Ended Wed, Oct 28, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Cavaliers

Consensus Traders

8

Cavaliers 50%

3 arb excluded

Total Value

$10.4K

Combined PnL

$-1.7K

Smart Money Entry

49.8¢ → 13.5¢

-73% since entry · 4 traders

Research grade

AvoidCavaliers at 14%

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

Cavaliers

4 of 8 top traders (50%)Underdog side (market favors Wizards 87%)3 arbitrage traders dimmed4 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Cavaliers14%
Wizards87%

Smart Money Breakdown by Outcome

Cavaliers4 traders
Total Value$4.4K
Total Shares11,916
Combined PnL$-2.0K
Wizards4 traders
Total Value$4.6K
Total Shares7,323
Combined PnL+$295.44
Cavaliers — 50%Wizards — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 98%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

57% of non-arb traders are on Cavaliers. Concentration is driven by the top two positions owning 98% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleCavaliers 100% · 2
Aligned
sharpWizards 50% · 2
Diverging
ctrWizards 60% · 5
Diverging
Top 1000Cavaliers 57% · 7
Aligned

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EV Calculator

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

Break-even chance15.1%

13.5¢ price + 1.0¢ spread + 0.6¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$561.38
Max Loss
-$100.00
Shares
661.4

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
0xf39d63bf...9e89a8
Slug
nba-was-cle-2026-10-28-spread-home-7pt5
Trade on Polymarket