
Will the Republicans win the Kansas governor race in 2026?
5 of 10 top Polymarket traders hold Yes (50%) · Yes at 76¢ · $9K held · ends Nov 4
⚖️
Neutral
Yes
10
Yes 50%
$9.2K
$190.47
72.5¢ → 75.5¢
+4% since entry · 5 traders
Research grade
NeutralYes at 76%
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
5 of 10 top traders (50%)5 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
5 traders
Top 2 hold 93%
Freshness
Late
4825h old
Flip Quality
Choppy
21 consensus flips
50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 93% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
ME Melody626 | Yesavg 73¢ | $3.8K | $4.0K | +$131.57 | 58% 705-521 (1226) |
PI pieped | Yesavg 72¢ | $3.6K | $3.8K | +$175 | 42% 71-100 (171) |
AB ABC12345654321 | Yesavg 72¢ | $11.75 | $497.79 | +$17.34 | 50% 1658-1652 (3310) |
SU supersmardCTR | Noavg 28¢ | $502.84 | $448.17 | -$63.63 | 39% 46-71 (117) |
XT xtxpleasecallmeCTR | Noavg 30.4¢ | $300.97 | $251.25 | -$49.72 | 36% 16059-28074 (44133) |
0X 0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107<$100 | Yesavg 74¢ | $74 | $76 | +$1.5 | 50% 2582-2633 (5215) |
![]() probabilityCTR<$100 | Noavg 31.6¢ | $79.17 | $61.25 | -$17.92 | 42% 1368-1924 (3292) |
![]() UbuntuTradingCTR<$100 | Noavg 28¢ | $56 | $50 | -$7 | 57% 3068-2356 (5424) |
DE dedidanc<$100 | Yesavg 68¢ | $21.08 | $23.56 | +$2.33 | 57% 103-77 (180) |
SB sbimbgCTR<$100 | Noavg 22¢ | $8.91 | $10.13 | +$1.01 | 70% 3189-1369 (4558) |
Invested
$3,841.63
Value
$4.0K
PnL
+$131.57
Record
58%
705-521 (1226)
Invested
$3,600
Value
$3.8K
PnL
+$175
Record
42%
71-100 (171)
Invested
$11.75
Value
$497.79
PnL
+$17.34
Record
50%
1658-1652 (3310)
Invested
$502.84
Value
$448.17
PnL
-$63.63
Record
39%
46-71 (117)
Invested
$300.97
Value
$251.25
PnL
-$49.72
Record
36%
16059-28074 (44133)
Invested
$74
Value
$76
PnL
+$1.5
Record
50%
2582-2633 (5215)
probabilityCTR<$100Invested
$79.17
Value
$61.25
PnL
-$17.92
Record
42%
1368-1924 (3292)
UbuntuTradingCTR<$100Invested
$56
Value
$50
PnL
-$7
Record
57%
3068-2356 (5424)
Invested
$21.08
Value
$23.56
PnL
+$2.33
Record
57%
103-77 (180)
Invested
$8.91
Value
$10.13
PnL
+$1.01
Record
70%
3189-1369 (4558)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
75.5¢ price + 1.0¢ spread + 0.7¢ 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.
Market Info
Traders in this Market
Melody626
Yes — $4.0K
pieped
Yes — $3.8K
ABC12345654321
Yes — $497.79
supersmard
CTRNo — $448.17
xtxpleasecallme
CTRNo — $251.25
0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107
Yes — $76

probability
CTRNo — $61.25

UbuntuTrading
CTRNo — $50
dedidanc
Yes — $23.56
sbimbg
CTRNo — $10.13