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Will the Democratic Party win the popular vote in the 2026 U.S. House of Representatives midterm elections by between 6% and 8%?

1 of 5 top Polymarket traders hold No (20%) · No at 84¢ · $873 held · ends Nov 4

Yes16¢No84¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

5

No 20%

Total Value

$872.93

Combined PnL

$86.64

Research grade

NeutralNo at 84%

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.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

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

No

1 of 5 top traders (20%)4 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes16%
No84%

Smart Money Breakdown by Outcome

No1 trader
Total Value$672.18
Total Shares800
Combined PnL+$83.75
Yes4 traders
Total Value$200.74
Total Shares1,255
Combined PnL+$2.9
No — 20%Yes — 80%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

1 traders

Top 2 hold 100%

Freshness

Late

639h old

Flip Quality

Choppy

9 consensus flips

Breadth vs concentrationCrowded

20% of non-arb traders are on No. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 50% · 2
Aligned
sharpNo 100% · 1
Aligned
ctrNo 50% · 2
Aligned
Hand-pickedYes 100% · 1
Diverging
Top 1000Yes 75% · 4
Diverging

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EV Calculator

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

Break-even chance85.5%

84.0¢ price + 1.0¢ spread + 0.5¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$16.95
Max Loss
-$100.00
Shares
116.9

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
0x0938f71f...73c525
Slug
will-the-democratic-party-win-the-popular-vote-in-the-2026-us-house-of-representatives-midterm-elections-by-between-6-and-8-942
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