
Will Elon Musk win the 2028 Republican presidential nomination?
1 of 5 top Polymarket traders hold No (20%) · No at 99¢ · $3K held · ends Nov 8, 2028
⚖️
Neutral
No
5
No 20%
$3.4K
$17.13
Research grade
NeutralNo at 99%
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 %).
- Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
1 of 5 top traders (20%)4 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
1 traders
Top 2 hold 100%
Freshness
Late
4875h old
Flip Quality
Clean
0 consensus flips
20% of non-arb traders are on No. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
RD rdba | Noavg 98.7¢ | $3.3K | $3.3K | +$18.55 | 60% 131-88 (219) |
0X 0x8f6970acd7c9466fc1d09a7c17071705c8e52923-1792437064758CTR<$100 | Yesavg 0.8¢ | $32.36 | $31.12 | -$1.29 | 47% 85-95 (180) |
NY NyetRiskCTR<$100 | Yes | $2.33 | $2.33 | -$0.1 | 7% 14-187 (201) |
NO NoMoreMisterCTR<$100 | Yes | $0.57 | $0.57 | -$0.02 | 76% 8934-2819 (11753) |
WO wokerjoesleeperCTR<$100 | Yesavg 0.5¢ | $0.13 | $0.12 | -$0.01 | 33% 6263-12990 (19253) |
Invested
$3,328.51
Value
$3.3K
PnL
+$18.55
Record
60%
131-88 (219)
Invested
$32.36
Value
$31.12
PnL
-$1.29
Record
47%
85-95 (180)
Invested
$2.33
Value
$2.33
PnL
-$0.1
Record
7%
14-187 (201)
Invested
$0.57
Value
$0.57
PnL
-$0.02
Record
76%
8934-2819 (11753)
Invested
$0.13
Value
$0.12
PnL
-$0.01
Record
33%
6263-12990 (19253)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
99.3¢ 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.