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Will the Republican Party win the NC-08 House seat?

5 of 10 top Polymarket traders hold Yes (50%) · Yes at 98¢ · $494 held · ended Nov 4

Yes98¢No2¢Ended Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

10

Yes 50%

Total Value

$493.93

Combined PnL

-$13.47

Smart Money Entry

91.3¢ → 97.7¢

+7% since entry · 5 traders

Research grade

NeutralYes at 98%

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

Yes

5 of 10 top traders (50%)5 hold an outcome priced under 50%7 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes98%
No2%

Smart Money Breakdown by Outcome

Yes5 traders
Total Value$482.3
Total Shares505
Combined PnL+$9.05
No5 traders
Total Value$11.62
Total Shares646
Combined PnL-$22.52
Yes — 50%No — 50%

Signal Intelligence

Momentum

Cooling

-6 pts consensus

Breadth

5 traders

Top 2 hold 65%

Freshness

Mature

32h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationBalanced

50% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 65% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 67% · 3
Diverging
sharpNo 100% · 1
Diverging
ctrYes 75% · 4
Aligned
Hand-pickedYes 100% · 1
Aligned
Top 1000Yes 50% · 10
Aligned

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EV Calculator

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

Break-even chance98.8%

97.7¢ price + 1.0¢ spread + 0.1¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$1.26
Max Loss
-$100.00
Shares
101.3

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
0xa4b1d503...eaf5df
Slug
will-the-republican-party-win-the-nc-08-house-seat
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