The Prediction Markets

Market comparison

NJ-04 House winner?

2 venues · 2 outcome rows · 2 comparable lines · event identity linked · 0 verified parity · active

Polymarket

Open venue ↗

8 outcomes · $20K reported volume

Observed 16s ago

Recorded venue end date: Nov 4, 2026

2 outcomes · $4K reported volume

Observed 16s ago

Recorded venue end date: Nov 3, 2027

Check settlement rules before comparing contracts. Matched outcomes may settle differently. These venues also report end dates more than 48 hours apart; event identity does not mean the contracts close or settle together. These are stored prices; record update times do not certify live quotes. Differences exclude fees and available size.

Known rule differences between venues

  • Kalshi settles on the party of the officeholder sworn in/inaugurated for the new term; Polymarket settles on the party of the called winner. They differ if the winner dies, withdraws or is not seated before the term starts.
  • Independents: Polymarket assigns a non-affiliated winner by stated caucus (House) or excludes independents from party options (Senate/Governor); Kalshi requires party membership.
  • Kalshi may close early on a media-consensus projection; Polymarket resolves on consensus calls with certification as the fallback.

A shared identity alone does not make a price difference executable.

Democratic

Partial parity

Payoffs match in ordinary outcomes; see the rule differences above.

Polymarket

2.2%

Bid 1.1% · Ask 3.3%

Rachel Peace (D)

Open Polymarket ↗

Kalshi

3.5%

Bid 0.6% · Ask 3.5%

Rachel Peace

Open Kalshi ↗

Price difference 1.3 pp

Republican

Partial parity

Payoffs match in ordinary outcomes; see the rule differences above.

Polymarket

98.0%

Bid 97.2% · Ask 98.9%

Chris Smith (R)

Open Polymarket ↗

Kalshi

98.0%

Bid 96.5% · Ask 98.0%

Chris Smith

Open Kalshi ↗

Price difference 0.1 pp

Prices are shown as percentages of a $1 payout. “pp” means percentage points. A dash means data is unavailable.