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Will the Republican Party candidate win the 2026 NJ-04 House election by 25%-30%?

8 of 10 top Polymarket traders hold No (80%) · No at 87¢ · $1K held · ends Nov 4

Yes13¢No87¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

10

No 80%

Total Value

$1.1K

Combined PnL

$232.57

Smart Money Entry

73.7¢ → 86.7¢

+18% since entry · 8 traders

Research grade

NeutralNo at 87%

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 %).

  • 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

8 of 10 top traders (80%)2 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes13%
No87%

Smart Money Breakdown by Outcome

No8 traders
Total Value$1.1K
Total Shares1,225
Combined PnL+$133.18
Yes2 traders
Total Value$20.71
Total Shares155
Combined PnL+$99.39
No — 80%Yes — 20%

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EV Calculator

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

Break-even chance88.1%

86.7¢ 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
+$13.47
Max Loss
-$100.00
Shares
113.5

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
0x0fba2813...643367
Slug
will-the-republican-party-candidate-win-the-2026-nj-04-house-election-by-25-30
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