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Will the Democratic Party win the CA-22 House seat?

2 of 5 top Polymarket traders hold Yes (40%) · Yes at 93¢ · $6K held · ends Nov 4

Yes93¢No7¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

5

Yes 40%

Total Value

$6.2K

Combined PnL

$185.74

Smart Money Entry

89.6¢ → 92.5¢

+3% since entry · 2 traders

Research grade

NeutralYes at 93%

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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

Yes

2 of 5 top traders (40%)3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes93%
No8%

Smart Money Breakdown by Outcome

Yes2 traders
Total Value$6.1K
Total Shares6,556
Combined PnL+$192.08
No3 traders
Total Value$92.46
Total Shares1,233
Combined PnL-$6.34
Yes — 40%No — 60%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Late

101h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

40% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on No) and the top 1000 (4 on Yes) disagree here.
sharpYes 100% · 2
Aligned
ctrNo 100% · 3
Diverging
Hand-pickedNo 100% · 1
Diverging
Top 1000Yes 50% · 4
Aligned

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EV Calculator

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

Break-even chance93.7%

92.5¢ price + 1.0¢ spread + 0.2¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$6.67
Max Loss
-$100.00
Shares
106.7

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
0x3fb5cd69...ecc8f1
Slug
will-the-democratic-party-win-the-ca-22-house-seat
Trade on Polymarket