
Will the Democrats win the South Carolina governor race in 2026?
3 of 6 top Polymarket traders hold No (50%) · No at 95¢ · $407 held · ends Nov 4
⚖️
Neutral
No
6
No 50%
$407.13
$4.96
89.7¢ → 94.8¢
+6% since entry · 3 traders
Research grade
NeutralNo at 95%
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
3 of 6 top traders (50%)3 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+10 pts consensus
Breadth
3 traders
Top 2 hold 95%
Freshness
Late
140h old
Flip Quality
Clean
0 consensus flips
50% of non-arb traders are on No. Concentration is driven by the top two positions owning 95% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
HO HotDogs | Noavg 89¢ | $268.99 | $286.52 | +$17.53 | 94% 442-28 (470) |
CO cowcat<$100 | Noavg 91.8¢ | $51.06 | $52.65 | +$1.67 | 53% 1560-1362 (2922) |
0X 0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107CTR<$100 | Yesavg 7.7¢ | $43.53 | $29.77 | -$14.32 | 50% 2582-2633 (5215) |
AB ABC12345654321CTR<$100 | Yesavg 5¢ | $19.55 | $19.06 | -$0.49 | 50% 1658-1652 (3310) |
EL Elias.Thornwell<$100 | Noavg 94.7¢ | $17.87 | $17.88 | +$0.01 | 76% 11352-3524 (14876) |
![]() probabilityCTR<$100 | Yesavg 2.9¢ | $0.7 | $1.26 | +$0.56 | 42% 1368-1924 (3292) |
Invested
$268.99
Value
$286.52
PnL
+$17.53
Record
94%
442-28 (470)
Invested
$51.06
Value
$52.65
PnL
+$1.67
Record
53%
1560-1362 (2922)
Invested
$43.53
Value
$29.77
PnL
-$14.32
Record
50%
2582-2633 (5215)
Invested
$19.55
Value
$19.06
PnL
-$0.49
Record
50%
1658-1652 (3310)
Invested
$17.87
Value
$17.88
PnL
+$0.01
Record
76%
11352-3524 (14876)
probabilityCTR<$100Invested
$0.7
Value
$1.26
PnL
+$0.56
Record
42%
1368-1924 (3292)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
94.8¢ 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.