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Smart money holds the underdog side

Most tracked traders hold Under, while the market favors Over (72%). 8 of 11 traders hold an outcome priced under 50%.

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

Heat vs. Jazz: O/U 218.5

8 of 11 top Polymarket traders hold Under (73%) · Under at 28¢ · $1K held · ended Nov 11

Over72¢Under28¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Under

Consensus Traders

11

Under 73%

Total Value

$1.1K

Combined PnL

-$202.62

Smart Money Entry

39.7¢ → 28.5¢

-28% since entry · 8 traders

Research grade

AvoidUnder at 28%

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.

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

Under

8 of 11 top traders (73%)Underdog side (market favors Over 72%)8 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over72%
Under28%

Smart Money Breakdown by Outcome

Over3 traders
Total Value$497.53
Total Shares699
Combined PnL+$31.17
Under8 traders
Total Value$597.07
Total Shares2,080
Combined PnL-$233.79
Over — 27%Under — 73%

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EV Calculator

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

Break-even chance30.5%

28.5¢ 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
+$227.44
Max Loss
-$100.00
Shares
327.4

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
0xca714a89...335fbe
Slug
nba-mia-uta-2026-11-10-total-218pt5
Trade on Polymarket