Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (100%). 8 of 8 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Will the Democrats win the South Dakota Senate race in 2026?
8 of 8 top Polymarket traders hold Yes (100%) · Yes at 0.1¢ · $7 held · ends Nov 4
⚠️
Avoid
Yes
8
Yes 100%
$6.76
-$897.74
7.7¢ → 0.1¢
-99% since entry · 8 traders
Research grade
AvoidYes at 0%
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
8 of 8 top traders (100%)Underdog side (market favors No 100%)8 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Flat
+0 pts consensus
Breadth
8 traders
Top 2 hold 72%
Freshness
Late
695h old
Flip Quality
Clean
0 consensus flips
100% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 72% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x4E72c22CD76f9973a48aedfd79FeEAaCC8B7FFb9-1778811541343CTR | Yesavg 7.7¢ | $464.34 | $3.89 | -$460.45 | 47% 1566-1776 (3342) |
QW qwen300.fundCTR | Yesavg 7.7¢ | $149.38 | $0.97 | -$148.41 | 60% 7176-4688 (11864) |
LP lpgbCTR<$100 | Yesavg 7.7¢ | $92.32 | $0.6 | -$91.72 | 25% 180-534 (714) |
KA kaxel78CTR<$100 | Yesavg 7.7¢ | $85.7 | $0.56 | -$85.14 | 30% 320-759 (1079) |
KL klli27CTR<$100 | Yesavg 7.7¢ | $85.7 | $0.56 | -$85.14 | 30% 350-813 (1163) |
NO northdrawerCTR<$100 | Yesavg 7.6¢ | $16.37 | $0.11 | -$16.29 | 62% 13833-8580 (22413) |
AK akrollCTR<$100 | Yesavg 7.7¢ | $7.69 | $0.05 | -$7.64 | 30% 367-838 (1205) |
![]() ImJustKenCTR<$100 | Yesavg 6¢ | $2.97 | $0.02 | -$2.95 | 53% 3043-2720 (5763) |
Invested
$464.34
Value
$3.89
PnL
-$460.45
Record
47%
1566-1776 (3342)
Invested
$149.38
Value
$0.97
PnL
-$148.41
Record
60%
7176-4688 (11864)
Invested
$92.32
Value
$0.6
PnL
-$91.72
Record
25%
180-534 (714)
Invested
$85.7
Value
$0.56
PnL
-$85.14
Record
30%
320-759 (1079)
Invested
$85.7
Value
$0.56
PnL
-$85.14
Record
30%
350-813 (1163)
Invested
$16.37
Value
$0.11
PnL
-$16.29
Record
62%
13833-8580 (22413)
Invested
$7.69
Value
$0.05
PnL
-$7.64
Record
30%
367-838 (1205)
ImJustKenCTR<$100Invested
$2.97
Value
$0.02
PnL
-$2.95
Record
53%
3043-2720 (5763)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.1¢ price + 1.0¢ spread + 0.0¢ 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.