
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
⚖️
Neutral
No
9
No 33%
2 arb excluded
$1.9K
$507.31
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
3 of 9 top traders (33%)2 arbitrage traders dimmed6 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Cooling
+0 pts consensus
Breadth
3 traders
Top 2 hold 93%
Freshness
Late
109h old
Flip Quality
Clean
0 consensus flips
33% of non-arb traders are on No. Concentration is driven by the top two positions owning 93% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
AL Albert 1953 | Noavg 67.7¢ | $738.14 | $902.54 | +$164.39 | 50% 1130-1141 (2271) |
SH shiifooCTR | Yesavg 17.1¢ | $139.25 | $219.67 | +$80.42 | 59% 3768-2614 (6382) |
![]() IstarothARB<$100 | Noavg 82.4¢ | $187.05 | $204.55 | +$18.06 | 14% 503-3033 (3536) |
| └ No leg | Noavg 82.4¢ | $153.63 | $154.2 | +$0.56 | |
| └ Yes leg | Yesavg 17.7¢ | $32.93 | $50.35 | +$17.5 | |
XT xtxpleasecallmeARB<$100 | Noavg 75.8¢ | $702.83 | $173.49 | +$48.36 | 35% 18692-34699 (53391) |
| └ No leg | Noavg 75.8¢ | $93.98 | $102.63 | -$103.07 | |
| └ Yes leg | Yesavg 19.6¢ | $51.32 | $70.85 | +$151.42 | |
![]() balthazarCTR | Yesavg 8.9¢ | $27.78 | $130.05 | +$159.39 | 53% 29676-26572 (56248) |
CO Contestable-Parfait<$100 | Noavg 79.9¢ | $79.9 | $82.75 | -$23.2 | 48% 108-117 (225) |
SM smallreceipt<$100 | Noavg 93¢ | $79.05 | $70.34 | -$8.71 | 49% 8939-9446 (18385) |
0X 0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938CTR<$100 | Yesavg 10.8¢ | $62.05 | $44.86 | +$147.46 | 45% 2849-3477 (6326) |
0X 0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754CTR<$100 | Yesavg 13¢ | $19.56 | $40.53 | +$20.97 | 54% 14-12 (26) |
WA WarriorHCTR<$100 | Yes | $45.95 | $11.92 | -$15.42 | 17% 1276-6074 (7350) |
![]() LornaPredictsCTR<$100 | Yesavg 13¢ | $48.4 | $5.4 | -$18 | 20% 2639-10442 (13081) |
Invested
$738.14
Value
$902.54
PnL
+$164.39
Record
50%
1130-1141 (2271)
Invested
$139.25
Value
$219.67
PnL
+$80.42
Record
59%
3768-2614 (6382)
IstarothARB<$100Invested
$187.05
Value
$204.55
PnL
+$18.06
Record
14%
503-3033 (3536)
Both legs:
Invested
$702.83
Value
$173.49
PnL
+$48.36
Record
35%
18692-34699 (53391)
Both legs:
balthazarCTRInvested
$27.78
Value
$130.05
PnL
+$159.39
Record
53%
29676-26572 (56248)
Invested
$79.9
Value
$82.75
PnL
-$23.2
Record
48%
108-117 (225)
Invested
$79.05
Value
$70.34
PnL
-$8.71
Record
49%
8939-9446 (18385)
Invested
$62.05
Value
$44.86
PnL
+$147.46
Record
45%
2849-3477 (6326)
Invested
$19.56
Value
$40.53
PnL
+$20.97
Record
54%
14-12 (26)
Invested
$45.95
Value
$11.92
PnL
-$15.42
Record
17%
1276-6074 (7350)
LornaPredictsCTR<$100Invested
$48.4
Value
$5.4
PnL
-$18
Record
20%
2639-10442 (13081)
Chat
EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
54.9¢ price + 1.0¢ spread + 1.0¢ 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
Albert 1953
No — $902.54
shiifoo
CTRYes — $219.67

Istaroth
ARBArbitrage — excluded
xtxpleasecallme
ARBArbitrage — excluded

balthazar
CTRYes — $130.05
Contestable-Parfait
No — $82.75
smallreceipt
No — $70.34
0x66E7ce01C6831B8A2503D09eDD6167152Ee68BcD-1771870353938
CTRYes — $44.86
0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754
CTRYes — $40.53
WarriorH
CTRYes — $11.92