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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

Yes99¢No1¢Ends Tue, Nov 3, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

11

Yes 73%

Total Value

$12.1K

Combined PnL

$149.6

Smart Money Entry

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

Yes

8 of 11 top traders (73%)3 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes99%
No1%

Smart Money Breakdown by Outcome

Yes8 traders
Total Value$12.0K
Total Shares12,233
Combined PnL+$168.66
No3 traders
Total Value$43.15
Total Shares2,877
Combined PnL-$19.06
Yes — 73%No — 27%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

8 traders

Top 2 hold 80%

Freshness

Late

677h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

73% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 80% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleYes 100% · 4
Aligned
sharpYes 100% · 5
Aligned
ctrNo 60% · 5
Diverging
Hand-pickedYes 86% · 7
Aligned
Top 1000Yes 71% · 7
Aligned

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EV Calculator

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

Break-even chance99.7%

98.7¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$0.34
Max Loss
-$100.00
Shares
100.3

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
0x58b1d112...4b0e61
Slug
will-the-democrats-win-the-pennsylvania-governor-race-in-2026
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