Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (100%). 7 of 7 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Republicans win Alaska and Michigan, and lose Iowa, Kansas, Maine, Ohio, and Texas?
7 of 7 top Polymarket traders hold Yes (100%) · Yes at 0.1¢ · $286 held · ends Nov 3
⚠️
Avoid
Yes
7
Yes 100%
$286.14
-$537.2
0.2¢ → 0.1¢
-6% since entry · 6 traders
Research grade
AvoidYes at 0%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
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
7 of 7 top traders (100%)Underdog side (market favors No 100%)7 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
7 traders
Top 2 hold 99%
Freshness
Late
56h old
Flip Quality
Clean
0 consensus flips
100% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 99% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
SN SnapElectionAvoiderCTR | Yesavg 0.1¢ | $237.67 | $253.38 | +$15.71 | 50% 1220-1233 (2453) |
BR BreakTheBankCTR<$100 | Yesavg 0.1¢ | $12.39 | $18.59 | +$6.2 | 44% 577-748 (1325) |
AN ancianoCTR<$100 | Yesavg 0.8¢ | $38.9 | $7.47 | -$31.43 | 52% 1161-1067 (2228) |
0X 0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938CTR<$100 | Yes | $4.6 | $4.6 | -$19.12 | 45% 2314-2842 (5156) |
WA WarriorHCTR<$100 | Yesavg 0.8¢ | $8.81 | $1.69 | -$7.12 | 17% 1026-4959 (5985) |
PL plainfolderCTR<$100 | Yesavg 0.8¢ | $1.24 | $0.24 | -$1 | 33% 3061-6298 (9359) |
0X 0x62D56a93516DB0181F7cDEa919191EC07Fa43D4F-1793322863179CTR<$100 | Yesavg 0.8¢ | $0.9 | $0.17 | -$500.44 | 35% 107-199 (306) |
Invested
$237.67
Value
$253.38
PnL
+$15.71
Record
50%
1220-1233 (2453)
Invested
$12.39
Value
$18.59
PnL
+$6.2
Record
44%
577-748 (1325)
Invested
$38.9
Value
$7.47
PnL
-$31.43
Record
52%
1161-1067 (2228)
Invested
$4.6
Value
$4.6
PnL
-$19.12
Record
45%
2314-2842 (5156)
Invested
$8.81
Value
$1.69
PnL
-$7.12
Record
17%
1026-4959 (5985)
Invested
$1.24
Value
$0.24
PnL
-$1
Record
33%
3061-6298 (9359)
Invested
$0.9
Value
$0.17
PnL
-$500.44
Record
35%
107-199 (306)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.1¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.
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
Traders in this Market
SnapElectionAvoider
CTRYes — $253.38
BreakTheBank
CTRYes — $18.59
anciano
CTRYes — $7.47
0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938
CTRYes — $4.6
WarriorH
CTRYes — $1.69
plainfolder
CTRYes — $0.24
0x62D56a93516DB0181F7cDEa919191EC07Fa43D4F-1793322863179
CTRYes — $0.17