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Spread: Wizards (-3.5)

2 of 8 top Polymarket traders hold Pacers (25%) · Pacers at 57¢ · $629 held · ended Nov 12

Wizards43¢Pacers57¢Ended Thu, Nov 12, 2026View on Polymarket
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⚠️

Avoid

Pacers

Consensus Traders

8

Pacers 25%

Total Value

$629.31

Combined PnL

$29.94

Smart Money Entry

55.9¢ → 57¢

+2% since entry · 2 traders

Research grade

AvoidPacers at 57%

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.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Pacers

2 of 8 top traders (25%)6 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Wizards43%
Pacers57%

Smart Money Breakdown by Outcome

Pacers2 traders
Total Value$293.4
Total Shares536
Combined PnL-$7.06
Wizards6 traders
Total Value$335.9
Total Shares823
Combined PnL+$37
Pacers — 25%Wizards — 75%

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EV Calculator

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

Break-even chance59.2%

57.0¢ 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
+$68.87
Max Loss
-$100.00
Shares
168.9

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
0xff0b3cf4...532e6c
Slug
nba-was-ind-2026-11-11-spread-away-3pt5
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