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Will the Republican Party hold between 190 and 194 House seats after the 2026 midterm elections?

5 of 10 top Polymarket traders hold No (50%) · No at 83¢ · $4K held · ends Nov 4

Yes17¢No83¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

10

No 50%

Total Value

$3.8K

Combined PnL

-$18.57

Smart Money Entry

84.4¢ → 83¢

-2% since entry · 5 traders

Research grade

NeutralNo at 83%

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

5 of 10 top traders (50%)5 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes17%
No83%

Smart Money Breakdown by Outcome

No5 traders
Total Value$3.5K
Total Shares4,192
Combined PnL-$45.51
Yes5 traders
Total Value$272.27
Total Shares1,757
Combined PnL+$26.94
No — 50%Yes — 50%

Signal Intelligence

Momentum

Surging

+5 pts consensus

Breadth

5 traders

Top 2 hold 75%

Freshness

Late

4920h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

45% of non-arb traders are on No. Concentration is driven by the top two positions owning 75% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 50% · 6
Aligned
sharpNo 100% · 1
Aligned
ctrYes 57% · 7
Diverging
Hand-pickedYes 100% · 2
Diverging
Top 1000Yes 55% · 11
Diverging

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EV Calculator

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

Break-even chance84.5%

83.0¢ price + 1.0¢ spread + 0.5¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$18.29
Max Loss
-$100.00
Shares
118.3

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
0x18cc1dd2...5ecc94
Slug
will-the-republican-party-hold-between-190-and-194-house-seats-after-the-2026-midterm-elections
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