Smart money holds the underdog side
Most tracked traders hold Yes, while the market favors No (90%). 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 UT-04 House election by 40%-45%?
Positions of the top Polymarket traders in this market · ends Nov 4
⚠️
Avoid
Yes
1
Yes 100%
$9
-$9.76
Research grade
AvoidYes at 10%
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
1 of 1 top traders (100%)Underdog side (market favors No 90%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
 IstarothCTR<$100 | Yesavg 9.8¢ | $19.6 | $9 | -$9.76 | 43% 269-355 (624) |
Chat
Sign in with your wallet to post.
EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
10.2¢ price + 1.0¢ spread + 0.4¢ 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.