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Smart money holds the underdog side

Most tracked traders hold Wizards, while the market favors Magic (56%). 6 of 10 traders hold an outcome priced under 50%.

Wizards vs. Magic

6 of 10 top Polymarket traders hold Wizards (60%) · Wizards at 45¢ · $9K held · ends Nov 3

Wizards45¢Magic55¢Ends Tue, Nov 3, 2026View on Polymarket
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⚠️

Avoid

Wizards

Consensus Traders

10

Wizards 60%

2 arb excluded

Total Value

$9.0K

Combined PnL

$64.46

Smart Money Entry

43.7¢ → 44.5¢

+2% since entry · 6 traders

Research grade

AvoidWizards at 45%

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.
  • 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

Wizards

6 of 10 top traders (60%)Underdog side (market favors Magic 56%)2 arbitrage traders dimmed6 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Wizards45%
Magic56%

Smart Money Breakdown by Outcome

Wizards6 traders
Total Value$4.5K
Total Shares10,149
Combined PnL+$63.68
Magic4 traders
Total Value$3.4K
Total Shares6,065
Combined PnL+$0.78
Wizards — 60%Magic — 40%

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EV Calculator

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

Break-even chance46.7%

44.5¢ 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
+$113.95
Max Loss
-$100.00
Shares
214.0

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
0xf3a327ce...2253d5
Slug
nba-was-orl-2026-11-02
Trade on Polymarket