
Will the Democrats win the Nebraska governor race in 2026?
4 of 7 top Polymarket traders hold No (57%) · No at 93¢ · $5K held · ends Nov 4
⚖️
Neutral
No
7
No 57%
$5.0K
$117.85
89.7¢ → 92.5¢
+3% since entry · 4 traders
Research grade
NeutralNo 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
4 of 7 top traders (57%)3 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
4 traders
Top 2 hold 89%
Freshness
Late
143h old
Flip Quality
Clean
0 consensus flips
57% of non-arb traders are on No. Concentration is driven by the top two positions owning 89% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() ImJustKen | Noavg 90.3¢ | $3.8K | $3.9K | +$93.67 | 53% 3036-2716 (5752) |
CO cocococococo | Noavg 92¢ | $510.6 | $516.15 | +$2.78 | 52% 1665-1535 (3200) |
![]() probability | Noavg 83.5¢ | $467.49 | $516.06 | +$49.97 | 42% 1368-1924 (3292) |
GH ghorrock<$100 | Noavg 84.1¢ | $50.58 | $55.58 | +$5 | 56% 14224-11030 (25254) |
AB ABC12345654321CTR<$100 | Yesavg 13.3¢ | $37.06 | $21.8 | -$15.27 | 50% 1658-1652 (3310) |
SB sbimbgCTR<$100 | Yesavg 11¢ | $11.65 | $7.94 | -$3.71 | 70% 3189-1369 (4558) |
PE peepeepooppoopCTR<$100 | Yesavg 12¢ | $40.99 | $7.21 | -$14.58 | 52% 2050-1868 (3918) |
ImJustKenInvested
$3,781.79
Value
$3.9K
PnL
+$93.67
Record
53%
3036-2716 (5752)
Invested
$510.6
Value
$516.15
PnL
+$2.78
Record
52%
1665-1535 (3200)
probabilityInvested
$467.49
Value
$516.06
PnL
+$49.97
Record
42%
1368-1924 (3292)
Invested
$50.58
Value
$55.58
PnL
+$5
Record
56%
14224-11030 (25254)
Invested
$37.06
Value
$21.8
PnL
-$15.27
Record
50%
1658-1652 (3310)
Invested
$11.65
Value
$7.94
PnL
-$3.71
Record
70%
3189-1369 (4558)
Invested
$40.99
Value
$7.21
PnL
-$14.58
Record
52%
2050-1868 (3918)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
92.5¢ price + 1.0¢ spread + 0.2¢ 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.