Skip to content
PolyConsensus
Back to Markets

Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (89%). 3 of 5 traders hold an outcome priced under 50%.

Historically, consensus on sides priced under 40¢ lost money after costs.

Will the Democratic Party win the OK-05 House seat?

3 of 5 top Polymarket traders hold Yes (60%) · Yes at 11¢ · $516 held · ends Nov 4

Yes11¢No89¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

5

Yes 60%

Total Value

$515.53

Combined PnL

-$52.74

Smart Money Entry

12.3¢ → 11¢

-10% since entry · 3 traders

Research grade

AvoidYes at 11%

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

3 of 5 top traders (60%)Underdog side (market favors No 89%)3 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes11%
No89%

Smart Money Breakdown by Outcome

Yes3 traders
Total Value$352.59
Total Shares3,205
Combined PnL-$50.4
No2 traders
Total Value$162.94
Total Shares183
Combined PnL-$2.34
Yes — 60%No — 40%

Signal Intelligence

Momentum

Building

+10 pts consensus

Breadth

3 traders

Top 2 hold 81%

Freshness

Late

341h old

Flip Quality

Watch

1 consensus flip

Breadth vs concentrationCrowded

60% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 81% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Yes) and the top 1000 (4 on No) disagree here.
ctrYes 67% · 3
Aligned
Hand-pickedYes 100% · 1
Aligned
Top 1000No 50% · 4
Diverging

Chat

Sign in with your wallet to post.

EV Calculator

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

Break-even chance12.4%

11.0¢ price + 1.0¢ spread + 0.4¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$705.00
Max Loss
-$100.00
Shares
805.0

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
0x27dd8b45...2b2f14
Slug
will-the-democratic-party-win-the-ok-05-house-seat
Trade on Polymarket