
Will Christopher Luxon be the next Prime Minister of New Zealand after the 2026 elections?
2 of 4 top Polymarket traders hold Yes (50%) · Yes at 59¢ · $3K held · ends Nov 8
⚖️
Neutral
Yes
4
Yes 50%
1 arb excluded
$2.7K
$243.85
47.8¢ → 58.5¢
+22% since entry · 2 traders
Research grade
NeutralYes at 59%
No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).
- 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
2 of 4 top traders (50%)1 arbitrage trader dimmed2 hold an outcome priced under 50%
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Late
726h old
Flip Quality
Choppy
3 consensus flips
50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
SN SnapElectionAvoider | Yesavg 40.3¢ | $609.9 | $884.66 | +$274.77 | 53% 1174-1056 (2230) |
![]() clazzy1 | Yesavg 56.4¢ | $741.84 | $769.97 | +$28.13 | 62% 413-249 (662) |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBedCTR | Noavg 45.6¢ | $589.85 | $545.08 | -$44.77 | 53% 6690-5887 (12577) |
0X 0xa169f83d28ad1ce5a14cc1c49796b547ece21b73ARB<$100 | Yesavg 62¢ | $310.32 | $278.9 | -$22.34 | 39% 175-269 (444) |
| └ Yes leg | Yesavg 62¢ | $172.32 | $162.59 | -$9.73 | |
| └ No leg | Noavg 46¢ | $128.92 | $116.31 | -$12.61 | |
XT xtxpleasecallmeCTR | Noavg 51.6¢ | $266.25 | $251.97 | -$14.28 | 36% 16072-28083 (44155) |
Invested
$609.9
Value
$884.66
PnL
+$274.77
Record
53%
1174-1056 (2230)
clazzy1Invested
$741.84
Value
$769.97
PnL
+$28.13
Record
62%
413-249 (662)
Invested
$589.85
Value
$545.08
PnL
-$44.77
Record
53%
6690-5887 (12577)
Invested
$310.32
Value
$278.9
PnL
-$22.34
Record
39%
175-269 (444)
Both legs:
Invested
$266.25
Value
$251.97
PnL
-$14.28
Record
36%
16072-28083 (44155)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
58.5¢ price + 1.0¢ spread + 1.0¢ 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.