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Magic vs. Jazz

9 of 17 top Polymarket traders hold Magic (53%) · Magic at 61¢ · $52K held · ends Nov 12

Magic61¢Jazz39¢Ends Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Magic

Consensus Traders

17

Magic 53%

4 arb excluded

Total Value

$52.0K

Combined PnL

-$275.56

Smart Money Entry

60.8¢ → 60.5¢

+0% since entry · 9 traders

Research grade

AvoidMagic at 61%

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

Magic

9 of 17 top traders (53%)4 arbitrage traders dimmed8 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Magic61%
Jazz40%

Smart Money Breakdown by Outcome

Magic9 traders
Total Value$34.9K
Total Shares56,660
Combined PnL+$433.95
Jazz8 traders
Total Value$11.3K
Total Shares29,426
Combined PnL-$709.51
Magic — 53%Jazz — 47%

Signal Intelligence

Momentum

Surging

-2 pts consensus

Breadth

8 traders

Top 2 hold 95%

Freshness

Fresh

6h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

42% of non-arb traders are on Magic. Concentration is driven by the top two positions owning 95% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleJazz 100% · 1
Diverging
sniperMagic 100% · 1
Aligned
ctrJazz 70% · 10
Diverging
Hand-pickedJazz 100% · 1
Diverging
Top 1000Jazz 56% · 18
Diverging
DA
darkumbreon88
Magic

Invested

$16,868.2

Value

$16.9K

PnL

-$0

Record

61%

927-593 (1520)

HE
hewhodoesit
Magic

Invested

$9,833.33

Value

$10.2K

PnL

+$416.67

Record

—

5-6 (11)

HO
HomeRunHazard
Magic

Invested

$6,302.09

Value

$6.3K

PnL

-$22.38

Record

57%

3221-2431 (5652)

IM
imjustkenisgheyCTR
Jazz

Invested

$5,391.5

Value

$5.1K

PnL

-$328.75

Record

52%

14-13 (27)

0X
0x2c335066FE58fe9237c3d3Dc7b275C2a034a0563-1759935795465CTR
Jazz

Invested

$3,704.68

Value

$3.5K

PnL

-$225.89

Record

51%

3716-3548 (7264)

GC
GC-PARB<$100
Magic

Invested

$2,542.5

Value

$2.6K

PnL

+$10

Record

20%

98-382 (480)

Both legs:

Magic$1,657.560.3¢+$6.25
Jazz$88539.3¢+$3.75
NM
NM-PARB<$100
Magic

Invested

$2,252.83

Value

$2.3K

PnL

+$7.29

Record

59%

3477-2368 (5845)

Both legs:

Magic$1,444.5360.3¢+$5.05
Jazz$808.339.4¢+$2.24
PL
pleaseletmealoneCTR
Jazz

Invested

$2,049.97

Value

$1.9K

PnL

-$125

Record

—

2-4 (6)

38
38791873984189ARB<$100
Magic

Invested

$1,046.51

Value

$843.58

PnL

+$3.38

Record

48%

1375-1500 (2875)

Both legs:

Magic$628.4360.4¢+$0.67
Jazz$211.7739¢+$2.71
RI
Richidd
Magic

Invested

$600

Value

$609.84

PnL

+$9.84

Record

52%

83-76 (159)

SU
SunlineTicker
Magic

Invested

$530.33

Value

$540.87

PnL

+$10.54

Record

70%

1671-717 (2388)

AS
asuka7
Magic

Invested

$278.92

Value

$295.75

PnL

+$16.83

Record

3%

9-313 (322)

SE
sentrioCTR
Jazz

Invested

$296.87

Value

$281.77

PnL

-$15.1

Record

38%

351-584 (935)

LI
LightParadoxCTR
Jazz

Invested

$209.88

Value

$209.88

PnL

+$0

Record

30%

380-875 (1255)

0X
0xBc43c8bfBC4d77c2FC9011adaD38Ba43b88996d3-1765231687816CTR
Jazz

Invested

$186.97

Value

$177.62

PnL

-$9.35

Record

3%

7-201 (208)

SN
SnakeBallCTR
Jazz

Invested

$171.92

Value

$167.51

PnL

-$4.41

Record

45%

267-322 (589)

GH
ghorrockARB<$100
Jazz

Invested

$107.29

Value

$108.02

PnL

+$0.73

Record

55%

625-514 (1139)

Both legs:

Jazz$64.6238.9¢+$1.08
Magic$42.6761¢-$0.35
OD
OddstormCTR<$100
Jazz

Invested

$41.79

Value

$40.79

PnL

-$1

Record

22%

33-119 (152)

PA
Pan9X
Magic

Invested

$108.25

Value

$22.33

PnL

+$2.51

Record

49%

673-714 (1387)

RL
RLWG<$100
Magic

Invested

$9.3

Value

$9.3

PnL

+$0

Record

67%

1650-803 (2453)

AM
ameisgoat11<$100
Magic

Invested

$5.05

Value

$5

PnL

-$0.05

Record

32%

295-621 (916)

Chat

EV Calculator

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

Break-even chance62.7%

60.5¢ 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
+$59.53
Max Loss
-$100.00
Shares
159.5

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
0xbb0e6ceb...6f5d4f
Slug
nba-orl-uta-2026-11-11
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