Skip to content

Database problems: some data is degraded. We're fixing it right now.

Details
PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Magic, while the market favors Wizards (56%). 6 of 11 traders hold an outcome priced under 50%.

Spread: Magic (-3.5)

6 of 11 top Polymarket traders hold Magic (55%) · Magic at 44¢ · $9K held

Magic44¢Wizards56¢View on Polymarket
SIGNAL

⚠️

Avoid

Magic

Consensus Traders

11

Magic 55%

3 arb excluded

Total Value

$9.3K

Combined PnL

-$99.21

Smart Money Entry

48.5¢ → 44¢

-9% since entry · 6 traders

Research grade

AvoidMagic at 44%

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 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Magic

6 of 11 top traders (55%)Underdog side (market favors Wizards 56%)3 arbitrage traders dimmed6 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic44%
Wizards56%

Smart Money Breakdown by Outcome

Magic6 traders
Total Value$6.1K
Total Shares12,886
Combined PnL-$120.65
Wizards5 traders
Total Value$2.6K
Total Shares4,612
Combined PnL+$21.44
Magic — 55%Wizards — 45%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 98%

Freshness

Mature

20h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

63% of non-arb traders are on Magic. 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
The hand-picked list (1 on Wizards) and the top 1000 (7 on Magic) disagree here.
whaleWizards 100% · 1
Diverging
sharpWizards 100% · 1
Diverging
ctrMagic 57% · 7
Aligned
Hand-pickedWizards 100% · 1
Diverging
Top 1000Magic 71% · 7
Aligned

Chat

EV Calculator

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

Break-even chance46.2%

44.0¢ 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
+$116.27
Max Loss
-$100.00
Shares
216.3

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
0x60fe3042...61f611
Slug
nba-was-orl-2026-11-02-spread-home-3pt5
Trade on Polymarket