Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (71%). 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 TX-16 House election by 30%-35%?
4 of 5 top Polymarket traders hold Yes (80%) · Yes at 29¢ · $266 held · ends Nov 4
⚠️
Avoid
Yes
5
Yes 80%
$266.25
$40.69
22.3¢ → 28.5¢
+28% since entry · 4 traders
Research grade
AvoidYes at 29%
Matches a pattern that lost clearly more than the trading costs in the backtests.
- Consensus side under 30¢Longshots (0.05–0.30) lost −29.5 % a trade pooled (n 1,625; −22 % in spring, −35 % in October): the strongest effect in the backtests.
Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.
Smart Money Signal
4 of 5 top traders (80%)Underdog side (market favors No 71%)4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() fkpaCTR | Yesavg 20.3¢ | $75 | $100.45 | +$25.45 | — |
0X 0x831449c4b94607dd3367023c61525aea99a90b88-1792449496754CTR | Yesavg 21.2¢ | $889.73 | $81.35 | +$17.48 | — 1-1 (2) |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBedCTR<$100 | Yesavg 27.1¢ | $41.46 | $43.68 | +$2.22 | 53% 6132-5384 (11516) |
![]() 2B9SCTR<$100 | Yesavg 26¢ | $25.22 | $22.36 | -$2.86 | 18% 3740-16589 (20329) |
![]() Istaroth<$100 | Noavg 65.1¢ | $20.02 | $18.42 | -$1.6 | 36% 273-477 (750) |
fkpaCTRInvested
$75
Value
$100.45
PnL
+$25.45
Record
—
Invested
$889.73
Value
$81.35
PnL
+$17.48
Record
—
1-1 (2)
Invested
$41.46
Value
$43.68
PnL
+$2.22
Record
53%
6132-5384 (11516)
2B9SCTR<$100Invested
$25.22
Value
$22.36
PnL
-$2.86
Record
18%
3740-16589 (20329)
Istaroth<$100Invested
$20.02
Value
$18.42
PnL
-$1.6
Record
36%
273-477 (750)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
28.5¢ 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.