
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
⚖️
Neutral
Yes
9
Yes 89%
$1.6K
$1.2K
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
8 of 9 top traders (89%)1 holds an outcome priced under 50%4 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
8 traders
Top 2 hold 49%
Freshness
Late
58h old
Flip Quality
Choppy
5 consensus flips
89% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 49% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
RA RadioCCOD | Yesavg 12.9¢ | $52.78 | $396.26 | +$309.95 | 36% 101-179 (280) |
0X 0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938 | Yesavg 9¢ | $44.44 | $380.28 | +$263.68 | 45% 3002-3695 (6697) |
![]() Haradwaith | Yesavg 1.1¢ | $168.25 | $266.75 | +$261.85 | 40% 6562-9840 (16402) |
0X 0xrg38dho88o5ho8jerjoheoj848ojhejrhl8drlhl | Yesavg 26.7¢ | $71.97 | $261.41 | +$152.99 | 43% 15-20 (35) |
0X 0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754 | Yesavg 16.3¢ | $19.62 | $116.52 | +$84.88 | 55% 18-15 (33) |
G.Hchen<$100 | Yesavg 12¢ | $12 | $82.9 | +$70.9 | 57% 393-301 (694) |
![]() thanksforplayin<$100 | Yesavg 25.5¢ | $27.04 | $39.6 | +$12.57 | 56% 718-566 (1284) |
E4 e46m3<$100 | Yesavg 5¢ | $2.69 | $31.88 | +$27.4 | 67% 27570-13865 (41435) |
LP lpgbCTR<$100 | Noavg 33.9¢ | $0.51 | $0.11 | -$0.4 | 27% 610-1662 (2272) |
Invested
$52.78
Value
$396.26
PnL
+$309.95
Record
36%
101-179 (280)
Invested
$44.44
Value
$380.28
PnL
+$263.68
Record
45%
3002-3695 (6697)
HaradwaithInvested
$168.25
Value
$266.75
PnL
+$261.85
Record
40%
6562-9840 (16402)
Invested
$71.97
Value
$261.41
PnL
+$152.99
Record
43%
15-20 (35)
Invested
$19.62
Value
$116.52
PnL
+$84.88
Record
55%
18-15 (33)
Invested
$12
Value
$82.9
PnL
+$70.9
Record
57%
393-301 (694)
thanksforplayin<$100Invested
$27.04
Value
$39.6
PnL
+$12.57
Record
56%
718-566 (1284)
Invested
$2.69
Value
$31.88
PnL
+$27.4
Record
67%
27570-13865 (41435)
Invested
$0.51
Value
$0.11
PnL
-$0.4
Record
27%
610-1662 (2272)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
83.6¢ price + 1.0¢ spread + 0.5¢ 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
RadioCCOD
Yes — $396.26
0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938
Yes — $380.28

Haradwaith
Yes — $266.75
0xrg38dho88o5ho8jerjoheoj848ojhejrhl8drlhl
Yes — $261.41
0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754
Yes — $116.52
G.Hchen
Yes — $82.9

thanksforplayin
Yes — $39.6
e46m3
Yes — $31.88
lpgb
CTRNo — $0.11