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Spread: Kings (-1.5)

5 of 11 top Polymarket traders hold Flames (45%) · Flames at 62¢ · $623 held · ended Nov 15

Kings38¢Flames62¢Ended Sun, Nov 15, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Flames

Consensus Traders

11

Flames 45%

Total Value

$622.56

Combined PnL

-$4.33

Smart Money Entry

62.2¢ → 62¢

+0% since entry · 5 traders

Research grade

NeutralFlames at 62%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • 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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

Flames

5 of 11 top traders (45%)6 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Kings38%
Flames62%

Smart Money Breakdown by Outcome

Flames5 traders
Total Value$441.03
Total Shares723
Combined PnL-$8.46
Kings6 traders
Total Value$181.53
Total Shares484
Combined PnL+$4.13
Flames — 45%Kings — 55%

Signal Intelligence

Momentum

Surging

+17 pts consensus

Breadth

4 traders

Top 2 hold 91%

Freshness

Fresh

6h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

50% of non-arb traders are on Flames. Concentration is driven by the top two positions owning 91% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleFlames 100% · 1
Aligned
ctrFlames 57% · 7
Aligned
Top 1000Flames 50% · 8
Aligned

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EV Calculator

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

Break-even chance64.2%

62.0¢ 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
+$55.85
Max Loss
-$100.00
Shares
155.8

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
0x45324ad9...e667d6
Slug
nhl-cal-lak-2026-11-14-spread-home-1pt5
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