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Will Ohio (Special) be the closest Senate race in 2026?

8 of 10 top Polymarket traders hold No (80%) · No at 97¢ · $208 held · ended Nov 4

Yes3¢No97¢Ended Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

10

No 80%

Total Value

$208.34

Combined PnL

-$3.72

Smart Money Entry

94.4¢ → 97¢

+3% since entry · 8 traders

Research grade

NeutralNo at 97%

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

8 of 10 top traders (80%)2 hold an outcome priced under 50%10 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes3%
No97%

Smart Money Breakdown by Outcome

No8 traders
Total Value$200.11
Total Shares194
Combined PnL-$0.32
Yes2 traders
Total Value$8.23
Total Shares271
Combined PnL-$3.4
No — 80%Yes — 20%

Signal Intelligence

Momentum

Surging

+18 pts consensus

Breadth

7 traders

Top 2 hold 53%

Freshness

Mature

34h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationBalanced

78% of non-arb traders are on No. Concentration is driven by the top two positions owning 53% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 100% · 1
Aligned
sharpYes 100% · 1
Diverging
ctrNo 67% · 3
Aligned
Top 1000No 78% · 9
Aligned

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EV Calculator

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

Break-even chance98.1%

97.0¢ 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
+$1.91
Max Loss
-$100.00
Shares
101.9

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
0x7bcd0dba...1aa348
Slug
will-ohio-special-be-the-closest-senate-race-in-2026
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