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Smart money holds the underdog side

Most tracked traders hold Yes, while the market favors No (54%). 2 of 5 traders hold an outcome priced under 50%.

Will the Republicans win Miami-Dade County in the Florida Senate race in 2026?

2 of 5 top Polymarket traders hold Yes (40%) · Yes at 47¢ · $912 held · ends Nov 3

Yes47¢No53¢Ends Tue, Nov 3, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Yes

Consensus Traders

5

Yes 40%

Total Value

$912.08

Combined PnL

-$56.6

Smart Money Entry

57.8¢ → 46.5¢

-20% since entry · 2 traders

Research grade

NeutralYes at 47%

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.
  • Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.

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

2 of 5 top traders (40%)Underdog side (market favors No 54%)2 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Yes47%
No54%

Smart Money Breakdown by Outcome

Yes2 traders
Total Value$731.74
Total Shares1,431
Combined PnL-$164.83
No3 traders
Total Value$180.34
Total Shares402
Combined PnL+$108.23
Yes — 40%No — 60%

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EV Calculator

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

Break-even chance48.5%

46.5¢ price + 1.0¢ spread + 1.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$106.20
Max Loss
-$100.00
Shares
206.2

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
0xfbade81a...1602fb
Slug
will-the-republicans-win-miami-dade-county-in-the-florida-senate-race-in-2026
Trade on Polymarket