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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

Yes14¢No86¢Ends Tue, Nov 3, 2026View on Polymarket
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Research candidate

No

Consensus Traders

14

No 86%

1 arb excluded

Total Value

$177.5K

Combined PnL

$-4.4K

Smart Money Entry

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

No

12 of 14 top traders (86%)1 arbitrage trader dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Yes14%
No86%

Smart Money Breakdown by Outcome

No12 traders
Total Value$13.6K
Total Shares20,052
Combined PnL$-4.2K
Yes2 traders
Total Value$2.8K
Total Shares20,269
Combined PnL-$130.03
No — 86%Yes — 14%

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EV Calculator

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

Break-even chance87.4%

86.0¢ price + 1.0¢ spread + 0.5¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$14.41
Max Loss
-$100.00
Shares
114.4

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
0xd116777a...9aec29
Slug
2026-senate-map-r-ia
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