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Spread: Magic (-11.5)

9 of 11 top Polymarket traders hold Kings (82%) · Kings at 72¢ · $19K held · ended Nov 11

Magic28¢Kings72¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Kings

Consensus Traders

11

Kings 82%

1 arb excluded

Total Value

$18.6K

Combined PnL

$2.2K

Smart Money Entry

51.7¢ → 72¢

+39% since entry · 9 traders

Research grade

AvoidKings 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.
  • 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.
  • 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

Kings

9 of 11 top traders (82%)1 arbitrage trader dimmed2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic28%
Kings72%

Smart Money Breakdown by Outcome

Kings9 traders
Total Value$16.6K
Total Shares27,065
Combined PnL+$2.2K
Magic2 traders
Total Value$427.79
Total Shares1,371
Combined PnL+$5.96
Kings — 82%Magic — 18%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

7 traders

Top 2 hold 86%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

78% of non-arb traders are on Kings. Concentration is driven by the top two positions owning 86% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleKings 100% · 1
Aligned
sharpKings 100% · 1
Aligned
ctrKings 80% · 5
Aligned
Hand-pickedKings 100% · 1
Aligned
Top 1000Kings 78% · 9
Aligned

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EV Calculator

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

Break-even chance74.0%

72.0¢ 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
+$35.16
Max Loss
-$100.00
Shares
135.2

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
0x32584f43...41a9e7
Slug
nba-orl-sac-2026-11-10-spread-away-11pt5
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