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Will New Zealand First Party win the third-most seats in the New Zealand House of Representatives in the 2026 New Zealand legislative election?

6 of 10 top Polymarket traders hold No (60%) · No at 98¢ · $578 held · ends Nov 8

Yes2¢No98¢Ends Sun, Nov 8, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

10

No 60%

Total Value

$578.02

Combined PnL

-$301.16

Smart Money Entry

96¢ → 98.3¢

+2% since entry · 6 traders

Research grade

NeutralNo at 98%

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

No

6 of 10 top traders (60%)4 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes2%
No98%

Smart Money Breakdown by Outcome

No6 traders
Total Value$532.51
Total Shares546
Combined PnL+$5.64
Yes4 traders
Total Value$45.5
Total Shares1,966
Combined PnL-$306.8
No — 60%Yes — 40%

Signal Intelligence

Momentum

Surging

+4 pts consensus

Breadth

8 traders

Top 2 hold 57%

Freshness

Late

62h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationBalanced

67% of non-arb traders are on No. Concentration is driven by the top two positions owning 57% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (2 on Yes) and the top 1000 (10 on No) disagree here.
whaleNo 67% · 3
Aligned
sharpNo 50% · 2
Aligned
ctrNo 67% · 6
Aligned
Hand-pickedYes 50% · 2
Diverging
Top 1000No 70% · 10
Aligned

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EV Calculator

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

Break-even chance99.3%

98.3¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$0.68
Max Loss
-$100.00
Shares
100.7

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
0x8100de08...5adb7b
Slug
will-new-zealand-first-party-win-the-third-most-seats-in-the-new-zealand-house-of-representatives-in-the-2026-new-zealand-legislative-election
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