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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (71%). 1 of 1 traders hold an outcome priced under 50%.

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

Will the Republican Party candidate win the 2026 MI-09 House election by 25%-30%?

Positions of the top Polymarket traders in this market · ends Nov 4

Yes29¢No71¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Yes

Consensus Traders

1

Yes 100%

Total Value

$131.01

Combined PnL

$3.77

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.
  • Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.

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

Yes

1 of 1 top traders (100%)Underdog side (market favors No 71%)1 holds an outcome priced under 50%

Market Activity
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Outcome Probabilities

Yes29%
No71%

Smart Money Breakdown by Outcome

Yes1 trader
Total Value$131.01
Total Shares485
Combined PnL+$3.77

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EV Calculator

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

Break-even chance30.8%

29.0¢ 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
+$224.25
Max Loss
-$100.00
Shares
324.3

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
0x55f05810...7b8b5e
Slug
will-the-republican-party-candidate-win-the-2026-mi-09-house-election-by-25-30

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