
Will the Democratic Party candidate win the 2026 Michigan Senate election by 3%-6%?
1 of 3 top Polymarket traders hold No (33%) · No at 75¢ · $836 held · ends Nov 4
⚖️
Neutral
No
3
No 33%
1 arb excluded
$836.07
$192.66
Research grade
NeutralNo at 75%
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 %).
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
- 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
1 of 3 top traders (33%)1 arbitrage trader dimmed2 hold an outcome priced under 50%1 small position dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
AN AnonymousUsername | Noavg 75¢ | $100.5 | $452.83 | +$8.62 | 74% 6669-2386 (9055) |
SH shiifooCTR | Yesavg 9.1¢ | $116.84 | $300.8 | +$183.96 | 60% 3346-2256 (5602) |
![]() IstarothARB<$100 | Noavg 76.1¢ | $82.84 | $82.09 | -$0.04 | 20% 312-1280 (1592) |
| └ No leg | Noavg 76.1¢ | $62.44 | $61.57 | -$0.89 | |
| └ Yes leg | Yesavg 24¢ | $19.66 | $20.52 | +$0.86 | |
LO Loyalty-CrashCTR<$100 | Yesavg 19¢ | $0.28 | $0.35 | +$0.08 | 62% 45-28 (73) |
Invested
$100.5
Value
$452.83
PnL
+$8.62
Record
74%
6669-2386 (9055)
Invested
$116.84
Value
$300.8
PnL
+$183.96
Record
60%
3346-2256 (5602)
IstarothARB<$100Invested
$82.84
Value
$82.09
PnL
-$0.04
Record
20%
312-1280 (1592)
Both legs:
Invested
$0.28
Value
$0.35
PnL
+$0.08
Record
62%
45-28 (73)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
75.0¢ price + 1.0¢ spread + 0.7¢ 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.