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Will the Democratic Party candidate win the 2026 Iowa gubernatorial election by 9%-12%?

8 of 9 top Polymarket traders hold Yes (89%) · Yes at 84¢ · $2K held · ended Nov 4

Yes84¢No16¢Ended Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

9

Yes 89%

Total Value

$1.6K

Combined PnL

$1.2K

Smart Money Entry

12.6¢ → 83.6¢

+563% since entry · 8 traders

Research grade

NeutralYes at 84%

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 %).

  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

8 of 9 top traders (89%)1 holds an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes84%
No16%

Smart Money Breakdown by Outcome

Yes8 traders
Total Value$1.6K
Total Shares1,637
Combined PnL+$1.2K
No1 trader
Total Value$0.11
Total Shares4
Combined PnL-$0.4
Yes — 89%No — 11%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

8 traders

Top 2 hold 49%

Freshness

Late

58h old

Flip Quality

Choppy

5 consensus flips

Breadth vs concentrationBroad

89% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 49% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrYes 83% · 6
Aligned
Top 1000Yes 89% · 9
Aligned

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EV Calculator

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

Break-even chance85.1%

83.6¢ price + 1.0¢ spread + 0.5¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$17.48
Max Loss
-$100.00
Shares
117.5

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
0xe1af4f7b...ce273d
Slug
will-the-democratic-party-candidate-win-the-2026-iowa-gubernatorial-election-by-9-12
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