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Nets vs. Hawks

7 of 16 top Polymarket traders hold Hawks (44%) · Hawks at 72¢ · $8K held · ends Nov 8

Nets28¢Hawks72¢Ends Sun, Nov 8, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Hawks

Consensus Traders

16

Hawks 44%

1 arb excluded

Total Value

$8.5K

Combined PnL

-$1.8

Smart Money Entry

71.9¢ → 71.5¢

-1% since entry · 7 traders

Research grade

AvoidHawks at 72%

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.
  • 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

Hawks

7 of 16 top traders (44%)1 arbitrage trader dimmed9 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Nets28%
Hawks72%

Smart Money Breakdown by Outcome

Hawks7 traders
Total Value$5.1K
Total Shares7,248
Combined PnL+$42.55
Nets9 traders
Total Value$3.2K
Total Shares10,918
Combined PnL-$44.35
Hawks — 44%Nets — 56%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 99%

Freshness

Mature

27h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

40% of non-arb traders are on Hawks. Concentration is driven by the top two positions owning 99% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleHawks 50% · 6
Aligned
sharpNets 100% · 1
Diverging
ctrNets 64% · 11
Diverging
Hand-pickedNets 100% · 1
Diverging
Top 1000Nets 57% · 14
Diverging

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EV Calculator

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

Break-even chance73.5%

71.5¢ price + 1.0¢ spread + 1.0¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$36.06
Max Loss
-$100.00
Shares
136.1

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
0xc3a51e1d...cd26ce
Slug
nba-bkn-atl-2026-11-07
Trade on Polymarket