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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (97%). 1 of 1 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Will Matt Gaetz be the 2028 Republican Vice-Presidential nominee?

Positions of the top Polymarket traders in this market · ends Aug 14, 2028

Yes3¢No97¢Ends Mon, Aug 14, 2028View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

1

Yes 100%

Total Value

$1.41

Combined PnL

$0.35

Research grade

AvoidYes at 3%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.

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

1 of 1 top traders (100%)Underdog side (market favors No 97%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes3%
No97%

Smart Money Breakdown by Outcome

Yes1 trader
Total Value$1.41
Total Shares134
Combined PnL+$0.35

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EV Calculator

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

Break-even chance4.0%

2.9¢ price + 1.0¢ spread + 0.1¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$2369.19
Max Loss
-$100.00
Shares
2469.2

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
0x1cc35974...276215
Slug
will-matt-gaetz-be-the-2028-republican-vice-presidential-nominee
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