
Will Republicans win Iowa, and lose Alaska, Kansas, Maine, Michigan, Ohio, and Texas?
12 of 14 top Polymarket traders hold No (86%) · No at 86¢ · $178K held · ends Nov 3
🔬
Research candidate
No
14
No 86%
1 arb excluded
$177.5K
$-4.4K
87.8¢ → 86¢
-2% since entry · 12 traders
Research grade
Research candidateNo at 86%
Matches a rule that looked positive after costs in the short windows of our Oct 22 2026 backtest. The full-year test without hindsight (Oct 26 2026) found no evidence for any of these rules: out of sample they lost money or were noise. A label for a pattern that once looked good, not an edge and not a recommendation.
- $100k+ behind an 80 %+ consensusNot confirmed. Oct 22 backtest: +13.2 % a trade (n 91), a small sample. Full year, out of sample: 80 %+ with $100k+ on the side −0.3 % a trade (n 835, 95 % CI −3.8 to +3.4): no edge.
- Quality net +3 or moreNot confirmed. Oct 22 backtest: net +3 when the consensus formed made +7.2 % a trade (n 358), with 5 events giving two thirds of it. Full year, out of sample, the closest rule (3+ proven winners, two thirds on the side) lost −1.9 % a trade (n 49,161, 95 % CI −2.6 to −1.1).
- 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
12 of 14 top traders (86%)1 arbitrage trader dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
BR BreakTheBankARB<$100 | Noavg 89.4¢ | $120.7K | $161.0K | +$38.1K | 43% 552-726 (1278) |
| └ No leg | Noavg 89.4¢ | $120.7K | $115.6K | $-5.0K | |
| └ Yes leg | Yes | $45.4K | $45.4K | +$43.1K | |
![]() JJo | Noavg 86.9¢ | $7.7K | $5.7K | $-2.0K | 66% 938-494 (1432) |
SB sbimbg | Noavg 89.8¢ | $4.5K | $3.2K | $-1.3K | 70% 3144-1356 (4500) |
CO Contestable-ParfaitCTR | Yesavg 14.6¢ | $3.0K | $2.8K | -$130.33 | 41% 11-16 (27) |
AB abc51001 | Noavg 87.1¢ | $2.2K | $1.7K | -$596.72 | 0% 0-27 (27) |
MI milkteaboba | Noavg 85.7¢ | $914.2 | $965.75 | +$51.55 | 69% 38-17 (55) |
BU BunCaCham | Noavg 90.2¢ | $4.5K | $856 | -$238 | 97% 2572-66 (2638) |
LI lissartter | Noavg 90.9¢ | $499.71 | $456.69 | -$23.95 | 42% 5214-7149 (12363) |
![]() Istaroth | Noavg 89¢ | $379.54 | $317.16 | -$48.56 | 20% 308-1212 (1520) |
![]() balthazar | Noavg 83.7¢ | $244 | $186.59 | -$57.41 | 61% 21044-13396 (34440) |
![]() Tenebrus7 | Noavg 84¢ | $336 | $171.61 | +$7.4 | 73% 2908-1060 (3968) |
AN AnonymousUsername | Noavg 86¢ | $101.47 | $101.77 | +$0.29 | 45% 676-832 (1508) |
PO poposub<$100 | Noavg 85.9¢ | $27.73 | $32.01 | +$4.28 | 45% 2053-2461 (4514) |
0X 0x6fa70d26939b2075fcafd2db38099b42cf47907eCTR<$100 | Yesavg 13.1¢ | $6.14 | $6.44 | +$0.3 | 77% 259-76 (335) |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBed<$100 | Noavg 83.3¢ | $3.94 | $3.99 | +$0.05 | 53% 6516-5727 (12243) |
Invested
$120,667.05
Value
$161.0K
PnL
+$38.1K
Record
43%
552-726 (1278)
Both legs:
JJoInvested
$7,739.67
Value
$5.7K
PnL
$-2.0K
Record
66%
938-494 (1432)
Invested
$4,490
Value
$3.2K
PnL
$-1.3K
Record
70%
3144-1356 (4500)
Invested
$2,951.3
Value
$2.8K
PnL
-$130.33
Record
41%
11-16 (27)
Invested
$2,249.98
Value
$1.7K
PnL
-$596.72
Record
0%
0-27 (27)
Invested
$914.2
Value
$965.75
PnL
+$51.55
Record
69%
38-17 (55)
Invested
$4,510
Value
$856
PnL
-$238
Record
97%
2572-66 (2638)
Invested
$499.71
Value
$456.69
PnL
-$23.95
Record
42%
5214-7149 (12363)
IstarothInvested
$379.54
Value
$317.16
PnL
-$48.56
Record
20%
308-1212 (1520)
balthazarInvested
$244
Value
$186.59
PnL
-$57.41
Record
61%
21044-13396 (34440)
Tenebrus7Invested
$336
Value
$171.61
PnL
+$7.4
Record
73%
2908-1060 (3968)
Invested
$101.47
Value
$101.77
PnL
+$0.29
Record
45%
676-832 (1508)
Invested
$27.73
Value
$32.01
PnL
+$4.28
Record
45%
2053-2461 (4514)
Invested
$6.14
Value
$6.44
PnL
+$0.3
Record
77%
259-76 (335)
Invested
$3.94
Value
$3.99
PnL
+$0.05
Record
53%
6516-5727 (12243)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
86.0¢ price + 1.0¢ spread + 0.5¢ 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
BreakTheBank
ARBArbitrage — excluded

JJo
No — $5.7K
sbimbg
No — $3.2K
Contestable-Parfait
CTRYes — $2.8K
abc51001
No — $1.7K
milkteaboba
No — $965.75
BunCaCham
No — $856
lissartter
No — $456.69

Istaroth
No — $317.16

balthazar
No — $186.59