
Will Iowa be the closest Senate race in 2026?
11 of 12 top Polymarket traders hold No (92%) · No at 99¢ · $2K held · ended Nov 4
⚖️
Neutral
No
12
No 92%
$1.6K
-$65.02
81.5¢ → 98.7¢
+21% since entry · 11 traders
Research grade
NeutralNo at 99%
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 %).
- Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
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
11 of 12 top traders (92%)1 holds an outcome priced under 50%9 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Surging
+64 pts consensus
Breadth
8 traders
Top 2 hold 75%
Freshness
Mature
32h old
Flip Quality
Watch
1 consensus flip
89% of non-arb traders are on No. Concentration is driven by the top two positions owning 75% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938 | Noavg 82.6¢ | $1.2K | $767.37 | -$105.95 | 45% 2407-2981 (5388) |
XT xtxpleasecallme | Noavg 81.8¢ | $647.78 | $394.09 | +$12.19 | 35% 17606-32935 (50541) |
![]() Istaroth | Noavg 75.7¢ | $223.7 | $215.68 | -$7.3 | 15% 432-2410 (2842) |
![]() Lucerys<$100 | Noavg 87.3¢ | $82.94 | $93.29 | +$10.35 | 79% 12015-3213 (15228) |
SM smallreceipt<$100 | Noavg 84.3¢ | $79.33 | $65.02 | +$15.68 | 48% 8592-9145 (17737) |
CI cigarettes<$100 | Noavg 78.6¢ | $23.59 | $27.9 | +$4.31 | 54% 22113-19218 (41331) |
LU luciebot<$100 | Noavg 88.8¢ | $17.76 | $19.72 | +$1.96 | 30% 2158-5000 (7158) |
![]() Haradwaith<$100 | Noavg 81.6¢ | $16.4 | $18.69 | +$2.29 | 41% 4499-6366 (10865) |
![]() 0xdc3E831cad<$100 | Noavg 61.2¢ | $12.24 | $18.6 | +$2.77 | 49% 1837-1904 (3741) |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBed<$100 | Noavg 72.4¢ | $38.4 | $9.81 | +$5.76 | 53% 8018-7122 (15140) |
0X 0x8B8b9c565C8dCA43cfb767F0F2C20B2B323d2512-1778811726293<$100 | Noavg 99.8¢ | $2.99 | $2.95 | -$0.05 | 47% 1608-1792 (3400) |
WA WarriorHCTR<$100 | Yesavg 22.8¢ | $13.46 | $1.95 | -$7.03 | 17% 1076-5374 (6450) |
Invested
$1,190.56
Value
$767.37
PnL
-$105.95
Record
45%
2407-2981 (5388)
Invested
$647.78
Value
$394.09
PnL
+$12.19
Record
35%
17606-32935 (50541)
IstarothInvested
$223.7
Value
$215.68
PnL
-$7.3
Record
15%
432-2410 (2842)
Lucerys<$100Invested
$82.94
Value
$93.29
PnL
+$10.35
Record
79%
12015-3213 (15228)
Invested
$79.33
Value
$65.02
PnL
+$15.68
Record
48%
8592-9145 (17737)
Invested
$23.59
Value
$27.9
PnL
+$4.31
Record
54%
22113-19218 (41331)
Invested
$17.76
Value
$19.72
PnL
+$1.96
Record
30%
2158-5000 (7158)
Haradwaith<$100Invested
$16.4
Value
$18.69
PnL
+$2.29
Record
41%
4499-6366 (10865)
0xdc3E831cad<$100Invested
$12.24
Value
$18.6
PnL
+$2.77
Record
49%
1837-1904 (3741)
Invested
$38.4
Value
$9.81
PnL
+$5.76
Record
53%
8018-7122 (15140)
Invested
$2.99
Value
$2.95
PnL
-$0.05
Record
47%
1608-1792 (3400)
Invested
$13.46
Value
$1.95
PnL
-$7.03
Record
17%
1076-5374 (6450)
Chat
EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
98.7¢ price + 1.0¢ spread + 0.0¢ 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
No — $767.37
xtxpleasecallme
No — $394.09

Istaroth
No — $215.68

Lucerys
No — $93.29
smallreceipt
No — $65.02
cigarettes
No — $27.9
luciebot
No — $19.72

Haradwaith
No — $18.69

0xdc3E831cad
No — $18.6
Cb94C437EA5e6f088c6c0C143c592ab8EFBed
No — $9.81