Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (71%). 1 of 2 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 NY-15 House election by 65%-70%?
1 of 2 top Polymarket traders hold Yes (50%) · Yes at 29¢ · $113 held · ends Nov 4
⚠️
Avoid
Yes
2
Yes 50%
$113.07
$45.89
Research grade
AvoidYes at 29%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
- 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.
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 2 top traders (50%)Underdog side (market favors No 71%)1 holds an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
 fkpaCTR<$100 | Yesavg 13.6¢ | $13.18 | $62.91 | +$49.73 | — 1-0 (1) |
 Istaroth<$100 | Noavg 71¢ | $54 | $50.16 | -$3.84 | 33% 273-556 (829) |
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
29.0¢ price + 1.0¢ spread + 0.8¢ 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.