
Will the Democrats win the Pennsylvania governor race in 2026?
8 of 11 top Polymarket traders hold Yes (73%) · Yes at 99¢ · $12K held · ends Nov 3
⚖️
Neutral
Yes
11
Yes 73%
$12.1K
$149.6
97.1¢ → 98.7¢
+2% since entry · 7 traders
Research grade
NeutralYes at 99%
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%)3 hold an outcome priced under 50%5 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 80%
Freshness
Late
677h old
Flip Quality
Clean
0 consensus flips
73% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 80% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
QM QMG-CORE | Yesavg 98.3¢ | $7.6K | $7.6K | +$5.37 | 77% 1408-416 (1824) |
![]() ImJustKen | Yesavg 91.3¢ | $1.9K | $2.0K | +$143.99 | 53% 3036-2716 (5752) |
![]() elmcap2 | Yesavg 97.9¢ | $1.3K | $1.3K | +$8.38 | 89% 1665-205 (1870) |
EL Elias.Thornwell | Yesavg 98.4¢ | $847.97 | $847.98 | +$0.02 | 76% 11352-3524 (14876) |
OL OLOTH | Yesavg 97.7¢ | $146.5 | $147.6 | +$1.25 | 96% 757-31 (788) |
PE peepeepooppoop | Yes | $123.28 | $123.28 | +$9.4 | 52% 2050-1868 (3918) |
![]() probabilityCTR<$100 | Noavg 2¢ | $27.38 | $18.98 | -$7.76 | 42% 1368-1924 (3292) |
DZ dzsibenaja<$100 | Yesavg 96.7¢ | $15.64 | $15.91 | +$0.29 | 88% 171-24 (195) |
AB ABC12345654321CTR<$100 | Noavg 1.8¢ | $26.22 | $14.32 | -$9.14 | 50% 1658-1652 (3310) |
0X 0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107CTR<$100 | Noavg 1.9¢ | $12.34 | $9.86 | -$2.15 | 50% 2582-2633 (5215) |
![]() DEGENKHAN<$100 | Yesavg 99.2¢ | $4.96 | $4.92 | -$0.04 | 66% 1107-565 (1672) |
Invested
$7,572.68
Value
$7.6K
PnL
+$5.37
Record
77%
1408-416 (1824)
ImJustKenInvested
$1,926.52
Value
$2.0K
PnL
+$143.99
Record
53%
3036-2716 (5752)
elmcap2Invested
$1,342.3
Value
$1.3K
PnL
+$8.38
Record
89%
1665-205 (1870)
Invested
$847.97
Value
$847.98
PnL
+$0.02
Record
76%
11352-3524 (14876)
Invested
$146.5
Value
$147.6
PnL
+$1.25
Record
96%
757-31 (788)
Invested
$123.28
Value
$123.28
PnL
+$9.4
Record
52%
2050-1868 (3918)
probabilityCTR<$100Invested
$27.38
Value
$18.98
PnL
-$7.76
Record
42%
1368-1924 (3292)
Invested
$15.64
Value
$15.91
PnL
+$0.29
Record
88%
171-24 (195)
Invested
$26.22
Value
$14.32
PnL
-$9.14
Record
50%
1658-1652 (3310)
Invested
$12.34
Value
$9.86
PnL
-$2.15
Record
50%
2582-2633 (5215)
DEGENKHAN<$100Invested
$4.96
Value
$4.92
PnL
-$0.04
Record
66%
1107-565 (1672)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
98.7¢ 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.
Market Info
Traders in this Market
QMG-CORE
Yes — $7.6K

ImJustKen
Yes — $2.0K

elmcap2
Yes — $1.3K
Elias.Thornwell
Yes — $847.98
OLOTH
Yes — $147.6
peepeepooppoop
Yes — $123.28

probability
CTRNo — $18.98
dzsibenaja
Yes — $15.91
ABC12345654321
CTRNo — $14.32
0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107
CTRNo — $9.86