
Will the Democrats win the Maine governor race in 2026?
8 of 11 top Polymarket traders hold Yes (73%) · Yes at 97¢ · $11K held · ends Nov 3
⚖️
Neutral
Yes
11
Yes 73%
1 arb excluded
$10.9K
$494.04
92.2¢ → 96.5¢
+5% since entry · 8 traders
Research grade
NeutralYes at 97%
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.
- Quality net +3 or moreNot confirmed. Oct 22 backtest: net +3 when the consensus formed made +7.2 % a trade (n 358), with 5 events giving two thirds of it. Full year, out of sample, the closest rule (3+ proven winners, two thirds on the side) lost −1.9 % a trade (n 49,161, 95 % CI −2.6 to −1.1).
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
8 of 11 top traders (73%)1 arbitrage trader dimmed3 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
8 traders
Top 2 hold 79%
Freshness
Late
2960h old
Flip Quality
Clean
0 consensus flips
73% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 79% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() elmcap2 | Yesavg 97¢ | $5.1K | $4.9K | -$8.96 | 89% 1665-205 (1870) |
QM QMG-CORE | Yesavg 96.5¢ | $3.6K | $3.6K | +$3.74 | 77% 1408-416 (1824) |
![]() bernardbulletin | Yesavg 88.3¢ | $1.0K | $1.1K | +$96.96 | 69% 987-450 (1437) |
![]() Gohst | Yesavg 36¢ | $234.19 | $627.75 | +$395.84 | 49% 738-770 (1508) |
EL Elias.Thornwell | Yesavg 93.9¢ | $227.84 | $234.03 | +$6.19 | 76% 11352-3524 (14876) |
![]() probability | Yesavg 94.4¢ | $134.75 | $137.74 | +$3.43 | 42% 1368-1924 (3292) |
![]() Ryxon21 | Yesavg 89¢ | $106 | $114.92 | +$9.34 | 71% 318-130 (448) |
CO cowcatARB<$100 | Noavg 6.4¢ | $147.62 | $83.65 | -$63.9 | 53% 1560-1362 (2922) |
| └ No leg | Noavg 6.4¢ | $127.25 | $62.78 | -$64.47 | |
| └ Yes leg | Yesavg 94.2¢ | $20.37 | $20.87 | +$0.57 | |
![]() DEGENKHAN<$100 | Yesavg 89.6¢ | $50.1 | $53.98 | +$3.88 | 66% 1107-565 (1672) |
0X 0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107CTR<$100 | Noavg 3.8¢ | $9.98 | $8.28 | -$1.7 | 50% 2582-2633 (5215) |
PE peepeepooppoopCTR<$100 | Noavg 10.7¢ | $3.24 | $6.79 | -$14.99 | 52% 2050-1868 (3918) |
SF sfkjbsr457CTR<$100 | Noavg 3¢ | $6.09 | $6.39 | +$0.3 | 54% 8322-7007 (15329) |
elmcap2Invested
$5,066.12
Value
$4.9K
PnL
-$8.96
Record
89%
1665-205 (1870)
Invested
$3,622.52
Value
$3.6K
PnL
+$3.74
Record
77%
1408-416 (1824)
bernardbulletinInvested
$1,029.38
Value
$1.1K
PnL
+$96.96
Record
69%
987-450 (1437)
GohstInvested
$234.19
Value
$627.75
PnL
+$395.84
Record
49%
738-770 (1508)
Invested
$227.84
Value
$234.03
PnL
+$6.19
Record
76%
11352-3524 (14876)
probabilityInvested
$134.75
Value
$137.74
PnL
+$3.43
Record
42%
1368-1924 (3292)
Ryxon21Invested
$106
Value
$114.92
PnL
+$9.34
Record
71%
318-130 (448)
Invested
$147.62
Value
$83.65
PnL
-$63.9
Record
53%
1560-1362 (2922)
Both legs:
DEGENKHAN<$100Invested
$50.1
Value
$53.98
PnL
+$3.88
Record
66%
1107-565 (1672)
Invested
$9.98
Value
$8.28
PnL
-$1.7
Record
50%
2582-2633 (5215)
Invested
$3.24
Value
$6.79
PnL
-$14.99
Record
52%
2050-1868 (3918)
Invested
$6.09
Value
$6.39
PnL
+$0.3
Record
54%
8322-7007 (15329)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
96.5¢ price + 1.0¢ spread + 0.1¢ 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

elmcap2
Yes — $4.9K
QMG-CORE
Yes — $3.6K

bernardbulletin
Yes — $1.1K

Gohst
Yes — $627.75
Elias.Thornwell
Yes — $234.03

probability
Yes — $137.74

Ryxon21
Yes — $114.92
cowcat
ARBArbitrage — excluded

DEGENKHAN
Yes — $53.98
0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107
CTRNo — $8.28