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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (72%). 4 of 5 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 Ohio Senate election by 3%-6%?

4 of 5 top Polymarket traders hold Yes (80%) · Yes at 28¢ · $995 held · ends Nov 4

Yes28¢No72¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

5

Yes 80%

1 arb excluded

Total Value

$994.97

Combined PnL

$110.42

Smart Money Entry

23.9¢ → 28¢

+17% since entry · 4 traders

Research grade

AvoidYes at 28%

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.

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

Yes

4 of 5 top traders (80%)Underdog side (market favors No 72%)1 arbitrage trader dimmed4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Yes28%
No72%

Smart Money Breakdown by Outcome

Yes4 traders
Total Value$596.53
Total Shares1,988
Combined PnL+$110.25
No1 trader
Total Value$23.47
Total Shares34
Combined PnL+$0.17
Yes — 80%No — 20%

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EV Calculator

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

Break-even chance29.8%

28.0¢ price + 1.0¢ spread + 0.8¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$235.30
Max Loss
-$100.00
Shares
335.3

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
0xfab3a752...7cfe1e
Slug
will-the-democratic-party-candidate-win-the-2026-ohio-senate-election-by-3-6
Trade on Polymarket