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Smart money holds the underdog side

Most tracked traders hold Pacers, while the market favors Wizards (56%). 9 of 11 traders hold an outcome priced under 50%.

Spread: Pacers (-4.5)

9 of 11 top Polymarket traders hold Pacers (82%) · Pacers at 44¢ · $10K held · ended Nov 12

Pacers44¢Wizards56¢Ended Thu, Nov 12, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Pacers

Consensus Traders

11

Pacers 82%

2 arb excluded

Total Value

$9.6K

Combined PnL

$56.81

Smart Money Entry

44.3¢ → 43.5¢

-2% since entry · 9 traders

Research grade

AvoidPacers at 44%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

Pacers

9 of 11 top traders (82%)Underdog side (market favors Wizards 56%)2 arbitrage traders dimmed9 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Pacers44%
Wizards56%

Smart Money Breakdown by Outcome

Pacers9 traders
Total Value$7.4K
Total Shares16,590
Combined PnL+$5.45
Wizards2 traders
Total Value$1.9K
Total Shares3,434
Combined PnL+$51.36
Pacers — 82%Wizards — 18%

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EV Calculator

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

Break-even chance45.7%

43.5¢ 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
+$118.65
Max Loss
-$100.00
Shares
218.7

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
0x2c368813...8c0120
Slug
nba-was-ind-2026-11-11-spread-home-4pt5
Trade on Polymarket