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Will the Democratic Party candidate win the 2026 Nevada gubernatorial election by 6%-9%?

3 of 9 top Polymarket traders hold No (33%) · No at 55¢ · $2K held · ended Nov 4

Yes45¢No55¢Ended Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

9

No 33%

2 arb excluded

Total Value

$1.9K

Combined PnL

$507.31

Smart Money Entry

70.3¢ → 54.9¢

-22% since entry · 3 traders

Research grade

NeutralNo at 55%

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.
  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

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

3 of 9 top traders (33%)2 arbitrage traders dimmed6 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes45%
No55%

Smart Money Breakdown by Outcome

No3 traders
Total Value$1.1K
Total Shares1,276
Combined PnL+$132.48
Yes6 traders
Total Value$452.44
Total Shares1,674
Combined PnL+$374.83
No — 33%Yes — 67%

Signal Intelligence

Momentum

Cooling

+0 pts consensus

Breadth

3 traders

Top 2 hold 93%

Freshness

Late

109h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

33% of non-arb traders are on No. Concentration is driven by the top two positions owning 93% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on No) and the top 1000 (9 on Yes) disagree here.
ctrYes 67% · 6
Diverging
Hand-pickedNo 100% · 1
Aligned
Top 1000Yes 67% · 9
Diverging

Chat

EV Calculator

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

Break-even chance56.8%

54.9¢ price + 1.0¢ spread + 1.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$75.94
Max Loss
-$100.00
Shares
175.9

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
0x7df501b1...4f06b8
Slug
will-the-democratic-party-candidate-win-the-2026-nevada-gubernatorial-election-by-6-9
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