
Will the Republicans win the Tennessee governor race in 2026?
3 of 6 top Polymarket traders hold Yes (50%) · Yes at 94¢ · $1K held · ends Nov 4
⚖️
Neutral
Yes
6
Yes 50%
$1.3K
-$6.62
93.7¢ → 93.5¢
+0% since entry · 3 traders
Research grade
NeutralYes at 94%
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
3 of 6 top traders (50%)3 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+10 pts consensus
Breadth
3 traders
Top 2 hold 98%
Freshness
Late
1798h old
Flip Quality
Choppy
4 consensus flips
50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 98% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() AngryRhino | Yesavg 95¢ | $634.49 | $624.93 | -$10.22 | 69% 133-59 (192) |
QM QMG-CORE | Yesavg 92.2¢ | $498.27 | $505.65 | +$6.83 | 77% 1408-416 (1824) |
![]() probabilityCTR<$100 | Noavg 6.7¢ | $87.65 | $84.38 | -$3.27 | 42% 1368-1924 (3292) |
0X 0x7e1f9c90800E42806e242ABC5fcf26B571c79C27-1775842903107CTR<$100 | Noavg 6.7¢ | $51.27 | $50.7 | -$0.57 | 50% 2582-2633 (5215) |
0X 0x8Cb25E16F2F0893C1bd4d7077325BD4a3b4AdCf5-1774682577191<$100 | Yesavg 91.5¢ | $27.45 | $28.07 | +$0.62 | 47% 4649-5169 (9818) |
WO wokerjoesleeperCTR<$100 | Noavg 6.9¢ | $0.07 | $0.07 | -$0 | 33% 6263-12990 (19253) |
AngryRhinoInvested
$634.49
Value
$624.93
PnL
-$10.22
Record
69%
133-59 (192)
Invested
$498.27
Value
$505.65
PnL
+$6.83
Record
77%
1408-416 (1824)
probabilityCTR<$100Invested
$87.65
Value
$84.38
PnL
-$3.27
Record
42%
1368-1924 (3292)
Invested
$51.27
Value
$50.7
PnL
-$0.57
Record
50%
2582-2633 (5215)
Invested
$27.45
Value
$28.07
PnL
+$0.62
Record
47%
4649-5169 (9818)
Invested
$0.07
Value
$0.07
PnL
-$0
Record
33%
6263-12990 (19253)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
93.5¢ price + 1.0¢ spread + 0.2¢ 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.