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Will the Republican Party win the NV-02 House seat?

4 of 8 top Polymarket traders hold Yes (50%) · Yes at 63¢ · $3K held · ends Nov 4

Yes63¢No37¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

8

Yes 50%

Total Value

$2.5K

Combined PnL

$70.5

Smart Money Entry

65.1¢ → 63¢

-3% since entry · 4 traders

Research grade

NeutralYes at 63%

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

Yes

4 of 8 top traders (50%)4 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes63%
No37%

Smart Money Breakdown by Outcome

Yes4 traders
Total Value$2.3K
Total Shares3,600
Combined PnL-$57.81
No4 traders
Total Value$279.99
Total Shares778
Combined PnL+$128.31
Yes — 50%No — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 97%

Freshness

Late

4874h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 97% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (5 on No) and the top 1000 (3 on Yes) disagree here.
whaleYes 50% · 2
Aligned
ctrNo 60% · 5
Diverging
Hand-pickedNo 80% · 5
Diverging
Top 1000Yes 100% · 3
Aligned

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EV Calculator

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

Break-even chance64.9%

63.0¢ price + 1.0¢ spread + 0.9¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$54.03
Max Loss
-$100.00
Shares
154.0

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
0xb5efcb94...746631
Slug
will-the-republican-party-win-the-nv-02-house-seat
Trade on Polymarket