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Will the Republican Party win the CA-48 House seat?

6 of 12 top Polymarket traders hold No (50%) · No at 99¢ · $771 held · ended Nov 4

Yes<1¢No>99¢Ended Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

12

No 50%

Total Value

$771.13

Combined PnL

$1.7K

Smart Money Entry

89.1¢ → 99.4¢

+12% since entry · 6 traders

Research grade

NeutralNo at 99%

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 %).

  • Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.

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

6 of 12 top traders (50%)6 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes1%
No99%

Smart Money Breakdown by Outcome

No6 traders
Total Value$764.77
Total Shares767
Combined PnL+$1.8K
Yes6 traders
Total Value$6.36
Total Shares1,273
Combined PnL-$98.36
No — 50%Yes — 50%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

6 traders

Top 2 hold 77%

Freshness

Late

685h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

50% of non-arb traders are on No. Concentration is driven by the top two positions owning 77% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 50% · 2
Aligned
sharpYes 100% · 1
Diverging
ctrYes 67% · 3
Diverging
Hand-pickedNo 67% · 3
Aligned
Top 1000No 55% · 11
Aligned

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EV Calculator

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

Break-even chance99.9%

99.4¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$0.10
Max Loss
-$100.00
Shares
100.1

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
0x401bb0b2...7748ee
Slug
will-the-republican-party-win-the-ca-48-house-seat
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