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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

Yes8¢No92¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

7

No 57%

Total Value

$5.0K

Combined PnL

$117.85

Smart Money Entry

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

No

4 of 7 top traders (57%)3 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes8%
No93%

Smart Money Breakdown by Outcome

No4 traders
Total Value$5.0K
Total Shares5,359
Combined PnL+$151.41
Yes3 traders
Total Value$36.95
Total Shares493
Combined PnL-$33.56
No — 57%Yes — 43%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 89%

Freshness

Late

143h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

57% of non-arb traders are on No. Concentration is driven by the top two positions owning 89% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (3 on No) and the top 1000 (5 on Yes) disagree here.
whaleNo 50% · 2
Aligned
sharpYes 100% · 1
Diverging
ctrNo 60% · 5
Aligned
Hand-pickedNo 100% · 3
Aligned
Top 1000Yes 60% · 5
Diverging

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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
0x995a909b...f7d707
Slug
will-the-democrats-win-the-nebraska-governor-race-in-2026
Trade on Polymarket