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Spread: Magic (-5.5)

6 of 20 top Polymarket traders hold Magic (30%) · Magic at 51¢ · $191K held · ends Nov 11

Magic51¢Kings49¢Ends Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Magic

Consensus Traders

20

Magic 30%

3 arb excluded

Total Value

$190.8K

Combined PnL

$61.33

Smart Money Entry

50.8¢ → 50.5¢

-1% since entry · 6 traders

Research grade

AvoidMagic at 51%

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.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

Magic

6 of 20 top traders (30%)3 arbitrage traders dimmed14 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic51%
Kings50%

Smart Money Breakdown by Outcome

Magic6 traders
Total Value$106.3K
Total Shares210,635
Combined PnL-$798.17
Kings14 traders
Total Value$83.3K
Total Shares168,360
Combined PnL+$859.5
Magic — 30%Kings — 70%

Signal Intelligence

Momentum

Surging

+1 pts consensus

Breadth

5 traders

Top 2 hold 99%

Freshness

Fresh

11h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

28% of non-arb traders are on Magic. 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
sniperMagic 50% · 2
Aligned
ctrKings 82% · 11
Diverging
Hand-pickedKings 100% · 1
Diverging
Top 1000Kings 71% · 17
Diverging
SI
SineNooneEI
Magic

Invested

$79,301.9

Value

$78.5K

PnL

-$777.47

Record

55%

627-518 (1145)

RJ
RJW1CTR
Kings

Invested

$75,454.55

Value

$76.2K

PnL

+$786.65

Record

47%

116-129 (245)

MU
Multicoloured-Serf
Magic

Invested

$17,392

Value

$17.6K

PnL

+$173.92

Record

47%

500-558 (1058)

MO
monkeymashingkeyboard
Magic

Invested

$5,297.1

Value

$5.1K

PnL

-$205.52

Record

54%

514-436 (950)

0X
0x2c335066FE58fe9237c3d3Dc7b275C2a034a0563-1759935795465
Magic

Invested

$4,636.46

Value

$4.7K

PnL

+$46.36

Record

51%

3680-3509 (7189)

LI
LightParadoxCTR
Kings

Invested

$2,152.95

Value

$2.2K

PnL

+$44.85

Record

28%

274-715 (989)

SU
SunlineTickerCTR
Kings

Invested

$2,215

Value

$2.2K

PnL

-$22.15

Record

70%

1655-702 (2357)

HO
HomeRunHazardCTR
Kings

Invested

$1,517.73

Value

$1.6K

PnL

+$39.91

Record

57%

3074-2312 (5386)

LI
LimousinCTR
Kings

Invested

$466.87

Value

$476.6

PnL

+$9.73

Record

28%

284-730 (1014)

38
38791873984189ARB<$100
Magic

Invested

$449.94

Value

$441.88

PnL

-$8.06

Record

48%

947-1017 (1964)

Both legs:

Magic$244.0353.1¢-$9.78
Kings$205.9148.6¢+$1.72
KE
keeptheblueflagflyinghigh
Magic

Invested

$468.71

Value

$433.99

PnL

-$34.72

Record

54%

1656-1433 (3089)

NM
NM-PARB<$100
Magic

Invested

$361.36

Value

$355.25

PnL

-$6.11

Record

60%

3444-2339 (5783)

Both legs:

Kings$172.3646.9¢+$7.89
Magic$18954¢-$14
GC
GC-PARB<$100
Magic

Invested

$353.5

Value

$346.5

PnL

-$7

Record

16%

67-351 (418)

Both legs:

Magic$18954¢-$14
Kings$164.547¢+$7
VeryLucky888CTR
Kings

Invested

$490.36

Value

$245

PnL

-$5.22

Record

51%

299-291 (590)

0X
0x760907C8840491c8C86fdDB843D3f1d801786C4e-1771959662080CTR
Kings

Invested

$196

Value

$196

PnL

+$0

Record

10%

88-785 (873)

SE
sentrioCTR
Kings

Invested

$103.18

Value

$107.57

PnL

+$4.39

Record

34%

233-457 (690)

SN
SnakeBallCTR<$100
Kings

Invested

$44.32

Value

$44.59

PnL

+$0.27

Record

48%

190-206 (396)

PA
Pan9X<$100
Magic

Invested

$39.59

Value

$21.89

PnL

-$0.74

Record

49%

443-470 (913)

nigiri99CTR<$100
Kings

Invested

$11.04

Value

$11.27

PnL

+$0.23

Record

52%

128-120 (248)

AM
ameisgoat11CTR<$100
Kings

Invested

$9.35

Value

$9.8

PnL

+$0.45

Record

26%

180-518 (698)

0xheavy888CTR<$100
Kings

Invested

$4.7

Value

$4.9

PnL

+$0.2

Record

55%

119-96 (215)

HI
hi774cCTR<$100
Kings

Invested

$1.8

Value

$1.88

PnL

+$0.08

Record

8%

37-422 (459)

FL
FlaznorpCTR<$100
Kings

Invested

$1.62

Value

$1.72

PnL

+$0.11

Record

50%

1503-1507 (3010)

Chat

EV Calculator

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

Break-even chance52.7%

50.5¢ 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
+$89.58
Max Loss
-$100.00
Shares
189.6

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
0x65189082...bf4f8c
Slug
nba-orl-sac-2026-11-10-spread-away-5pt5
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