Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (100%). 3 of 4 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will Richard Grayson win the Alaska Senate race in 2026?
3 of 4 top Polymarket traders hold Yes (75%) · Yes at 0.0¢ · $12 held · ends Nov 4
⚠️
Avoid
Yes
4
Yes 75%
$11.65
-$498.08
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.
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer 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
3 of 4 top traders (75%)Underdog side (market favors No 100%)3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
RA rated<$100 | Noavg 99.8¢ | $4.31 | $4.32 | +$0.01 | 29% 2865-6952 (9817) |
AL alex20011CTR | Yesavg 3.4¢ | $282.75 | $4.1 | -$278.65 | 48% 3491-3823 (7314) |
KO korda77CTR<$100 | Yes | $1.83 | $1.83 | -$124.4 | 52% 5045-4715 (9760) |
ME merodCTR<$100 | Yes | $1.4 | $1.4 | -$95.05 | 51% 2516-2391 (4907) |
Invested
$4.31
Value
$4.32
PnL
+$0.01
Record
29%
2865-6952 (9817)
Invested
$282.75
Value
$4.1
PnL
-$278.65
Record
48%
3491-3823 (7314)
Invested
$1.83
Value
$1.83
PnL
-$124.4
Record
52%
5045-4715 (9760)
Invested
$1.4
Value
$1.4
PnL
-$95.05
Record
51%
2516-2391 (4907)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.0¢ 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.