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Spread: Magic (-14.5)

2 of 6 top Polymarket traders hold Kings (33%) · Kings at 81¢ · $1K held · ended Nov 11

Magic20¢Kings80¢Ended Wed, Nov 11, 2026View on Polymarket
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Avoid

Kings

Consensus Traders

6

Kings 33%

Total Value

$1.4K

Combined PnL

$58.47

Smart Money Entry

87¢ → 80.5¢

-7% since entry · 2 traders

Research grade

AvoidKings at 81%

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.
  • 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

2 of 6 top traders (33%)4 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic20%
Kings81%

Smart Money Breakdown by Outcome

Kings2 traders
Total Value$1.0K
Total Shares1,055
Combined PnL-$100.83
Magic4 traders
Total Value$314.13
Total Shares1,073
Combined PnL+$159.3
Kings — 33%Magic — 67%

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EV Calculator

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

Break-even chance82.3%

80.5¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$21.57
Max Loss
-$100.00
Shares
121.6

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
0xa425bf77...7eefb8
Slug
nba-orl-sac-2026-11-10-spread-away-14pt5
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