PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (53%). 2 of 6 traders hold an outcome priced under 50%.

Will Christopher Luxon be the next Prime Minister of New Zealand after the 2026 elections?

2 of 6 top Polymarket traders hold Yes (33%) · Yes at 48¢ · $1K held · ends Nov 8

Yes48¢No52¢Ends Sun, Nov 8, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

6

Yes 33%

Total Value

$1.5K

Combined PnL

$355.83

Smart Money Entry

39.8¢ → 47.5¢

+19% since entry · 2 traders

Research grade

NeutralYes at 48%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

2 of 6 top traders (33%)Underdog side (market favors No 53%)2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Yes48%
No53%

Smart Money Breakdown by Outcome

Yes2 traders
Total Value$950.44
Total Shares1,625
Combined PnL+$319.69
No4 traders
Total Value$501.62
Total Shares1,058
Combined PnL+$36.14
Yes — 33%No — 67%

Chat

Sign in with your wallet to post.

EV Calculator

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

Break-even chance49.5%

47.5¢ price + 1.0¢ spread + 1.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$102.02
Max Loss
-$100.00
Shares
202.0

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
0xe47bf7ef...6d1b51
Slug
will-christopher-luxon-be-the-next-prime-minister-of-new-zealand-after-the-2026-elections-718
Trade on Polymarket