
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
⚖️
Neutral
Yes
8
Yes 50%
$2.5K
$70.5
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
4 of 8 top traders (50%)4 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
4 traders
Top 2 hold 97%
Freshness
Late
4874h old
Flip Quality
Clean
0 consensus flips
50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 97% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
ME Melody626 | Yesavg 63¢ | $2.0K | $2.0K | +$15.5 | 58% 705-521 (1226) |
![]() nicoco89 | Yesavg 79.7¢ | $318.76 | $252.27 | -$66.49 | 65% 1075-583 (1658) |
![]() GohstCTR | Noavg 17.9¢ | $88 | $177.43 | +$94.36 | 49% 738-770 (1508) |
CO cowcat<$100 | Yesavg 70.6¢ | $67.79 | $60.48 | -$6.83 | 53% 1560-1362 (2922) |
![]() BigRabbitCTR<$100 | Noavg 29¢ | $44.95 | $55.8 | +$11.63 | 40% 704-1061 (1765) |
![]() 2B9SCTR<$100 | Noavg 20¢ | $21.2 | $38.16 | +$18.02 | 18% 3832-17370 (21202) |
![]() flow-trader-at-optiverCTR<$100 | Noavg 19¢ | $4.3 | $8.6 | +$4.3 | 39% 965-1508 (2473) |
GH ghorrock<$100 | Yesavg 63¢ | $3.73 | $3.74 | +$0.02 | 56% 14224-11030 (25254) |
Invested
$1,952.31
Value
$2.0K
PnL
+$15.5
Record
58%
705-521 (1226)
nicoco89Invested
$318.76
Value
$252.27
PnL
-$66.49
Record
65%
1075-583 (1658)
GohstCTRInvested
$88
Value
$177.43
PnL
+$94.36
Record
49%
738-770 (1508)
Invested
$67.79
Value
$60.48
PnL
-$6.83
Record
53%
1560-1362 (2922)
BigRabbitCTR<$100Invested
$44.95
Value
$55.8
PnL
+$11.63
Record
40%
704-1061 (1765)
2B9SCTR<$100Invested
$21.2
Value
$38.16
PnL
+$18.02
Record
18%
3832-17370 (21202)
flow-trader-at-optiverCTR<$100Invested
$4.3
Value
$8.6
PnL
+$4.3
Record
39%
965-1508 (2473)
Invested
$3.73
Value
$3.74
PnL
+$0.02
Record
56%
14224-11030 (25254)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
63.0¢ price + 1.0¢ spread + 0.9¢ 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.