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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

Yes76¢No24¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

10

Yes 50%

Total Value

$9.2K

Combined PnL

$190.47

Smart Money Entry

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

Yes

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

Market Activity

Outcome Probabilities

Yes76%
No25%

Smart Money Breakdown by Outcome

Yes5 traders
Total Value$8.4K
Total Shares11,048
Combined PnL+$327.73
No5 traders
Total Value$820.81
Total Shares3,283
Combined PnL-$137.26
Yes — 50%No — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

5 traders

Top 2 hold 93%

Freshness

Late

4825h old

Flip Quality

Choppy

21 consensus flips

Breadth vs concentrationCrowded

50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 93% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (3 on No) and the top 1000 (7 on Yes) disagree here.
whaleYes 50% · 2
Aligned
sharpNo 100% · 1
Diverging
ctrYes 50% · 8
Aligned
Hand-pickedNo 100% · 3
Diverging
Top 1000Yes 71% · 7
Aligned

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EV Calculator

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

Break-even chance77.2%

75.5¢ price + 1.0¢ spread + 0.7¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$29.50
Max Loss
-$100.00
Shares
129.5

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
0xfb866625...e2c1d0
Slug
will-the-republicans-win-the-kansas-governor-race-in-2026
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