
Will Alaska be the closest Senate race in 2026?
2 of 6 top Polymarket traders hold No (33%) · No at 95¢ · $636 held · ended Nov 4
⚖️
Neutral
No
6
No 33%
1 arb excluded
$636.21
$40.13
93.2¢ → 94.7¢
+2% since entry · 2 traders
Research grade
NeutralNo at 95%
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
2 of 6 top traders (33%)1 arbitrage trader dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Fading
-23 pts consensus
Breadth
1 traders
Top 2 hold 100%
Freshness
Late
81h old
Flip Quality
Watch
2 consensus flips
20% of non-arb traders are on No. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938ARB<$100 | Noavg 90.4¢ | $1.3K | $362.24 | +$6.89 | 45% 2995-3689 (6684) |
| └ No leg | Noavg 90.4¢ | $205.65 | $215.52 | -$372.65 | |
| └ Yes leg | Yesavg 6.5¢ | $180.18 | $146.72 | +$379.54 | |
CI cigarettes | Noavg 92.8¢ | $139.18 | $141.15 | +$1.97 | 53% 23766-20936 (44702) |
0X 0xD71776A8d4FdDeb3c150C4607B3f8bec31213B85-1778810464493 | Noavg 93.9¢ | $111.56 | $75.91 | +$0.48 | 53% 4530-4033 (8563) |
![]() bernardbulletinCTR<$100 | Yesavg 7.9¢ | $36.04 | $24.41 | -$11.63 | 70% 1185-499 (1684) |
CO Contestable-ParfaitCTR<$100 | Yesavg 4.1¢ | $10.31 | $14.93 | +$3.23 | 47% 123-140 (263) |
XT xtxpleasecallmeCTR | Yesavg 7.1¢ | $149.61 | $9.54 | +$46.02 | 34% 19350-36905 (56255) |
![]() ScottyNoooCTR<$100 | Yesavg 5.5¢ | $7.43 | $7.96 | +$0.07 | 50% 1595-1579 (3174) |
Invested
$1,327.73
Value
$362.24
PnL
+$6.89
Record
45%
2995-3689 (6684)
Both legs:
Invested
$139.18
Value
$141.15
PnL
+$1.97
Record
53%
23766-20936 (44702)
Invested
$111.56
Value
$75.91
PnL
+$0.48
Record
53%
4530-4033 (8563)
bernardbulletinCTR<$100Invested
$36.04
Value
$24.41
PnL
-$11.63
Record
70%
1185-499 (1684)
Invested
$10.31
Value
$14.93
PnL
+$3.23
Record
47%
123-140 (263)
Invested
$149.61
Value
$9.54
PnL
+$46.02
Record
34%
19350-36905 (56255)
ScottyNoooCTR<$100Invested
$7.43
Value
$7.96
PnL
+$0.07
Record
50%
1595-1579 (3174)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
94.7¢ 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.
Market Info
Traders in this Market
0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938
ARBArbitrage — excluded
cigarettes
No — $141.15
0xD71776A8d4FdDeb3c150C4607B3f8bec31213B85-1778810464493
No — $75.91

bernardbulletin
CTRYes — $24.41
Contestable-Parfait
CTRYes — $14.93
xtxpleasecallme
CTRYes — $9.54

ScottyNooo
CTRYes — $7.96