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Will the Republican Party win the TX-31 House seat?

1 of 5 top Polymarket traders hold Yes (20%) · Yes at 92¢ · $546 held · ends Nov 4

Yes92¢No8¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

5

Yes 20%

Total Value

$545.89

Combined PnL

-$6.03

Research grade

NeutralYes at 92%

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 %).

  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • 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

Yes

1 of 5 top traders (20%)4 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes92%
No8%

Smart Money Breakdown by Outcome

Yes1 trader
Total Value$476.85
Total Shares510
Combined PnL-$4.5
No4 traders
Total Value$69.04
Total Shares986
Combined PnL-$1.53
Yes — 20%No — 80%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

1 traders

Top 2 hold 100%

Freshness

Mature

13h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

20% of non-arb traders are on Yes. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
ctrNo 75% · 4
Diverging
Top 1000No 80% · 5
Diverging

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EV Calculator

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

Break-even chance93.3%

92.0¢ price + 1.0¢ spread + 0.3¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$7.23
Max Loss
-$100.00
Shares
107.2

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
0x32426b6c...64aede
Slug
will-the-republican-party-win-the-tx-31-house-seat
Trade on Polymarket