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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (68%). 1 of 1 traders hold an outcome priced under 50%.

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

Will the Democratic Party candidate win the 2026 MD-08 House election by 65%-70%?

Positions of the top Polymarket traders in this market · ends Nov 4

Yes32¢No68¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

1

Yes 100%

Total Value

$22.73

Combined PnL

$4.9

Research grade

NeutralYes at 32%

No measured edge either way. The plain consensus (5+ holders, 60 %+, held to resolution) lost −4.8 % a trade after costs (n 10,051, 95 % CI −6.5 to −3.1 %).

  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
  • Side priced 30–50¢0.30–0.50 lost −6.5 % a trade pooled (n 2,793), a little worse than the plain consensus.

Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.

Smart Money Signal

Yes

1 of 1 top traders (100%)Underdog side (market favors No 68%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Yes32%
No68%

Smart Money Breakdown by Outcome

Yes1 trader
Total Value$22.73
Total Shares81
Combined PnL+$4.9

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EV Calculator

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

Break-even chance33.9%

32.0¢ price + 1.0¢ spread + 0.9¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$195.12
Max Loss
-$100.00
Shares
295.1

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
0x185e8d8b...630e0a
Slug
will-the-democratic-party-candidate-win-the-2026-md-08-house-election-by-65-70

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