The Prediction Markets

Which party will hold more governorships after the midterms?

Closes
Nov 4, 2026, in 12 days
Traded
$9K
Venues
Polymarket
Prices updated
just now
Share

What the markets expect

Democratic Party 72.8%

Next is Republican Party at 18.3%. Only Polymarket lists this market, so there is no second price to compare.

Democratic Party 72.8%Republican Party 18.3%Tie 8.9%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue. Ages are as of when this page was built.

  • Polymarket
Democratic Party
72.8%
Polymarket 73.5%(72.8% fair)polled, 33s agoBest Yes 75¢ on Polymarket, $100 pays $133 (1.33x)
Polymarket
Contract
Democratic Party
Last price
73.5%
Fair, margin removed
72.8%
As of
Polled just now
Buy Yes
75¢
Sell Yes
72¢
$100 on Yes pays
$133 (1.33x)
Volume
$5K
Trade this on Polymarket
Republican Party
18.3%
Polymarket 18.5%polled, 33s agoBest Yes 20¢ on Polymarket, $100 pays $500 (5.00x)
Polymarket
Contract
Republican Party
Last price
18.5%
As of
Polled just now
Buy Yes
20¢
Sell Yes
17¢
$100 on Yes pays
$500 (5.00x)
Volume
$3K
Trade this on Polymarket
Tie
8.9%
Polymarket 9%polled, 33s agoBest Yes 11¢ on Polymarket, $100 pays $909 (9.09x)
Polymarket
Contract
Tie
Last price
9%
As of
Polled just now
Buy Yes
11¢
Sell Yes
7¢
$100 on Yes pays
$909 (9.09x)
Volume
$1K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Democratic Party
  • Republican Party
  • Tie

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Polymarket

Open on Polymarket ↗

Top of book

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Cover all 3 outcomes across venues

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Which party will hold more governorships after the midterms?". Democratic Party leads at 72.8%. Next is Republican Party at 18.3%. $9K has traded across 3 outcomes on Polymarket. The market is expected to resolve by Nov 4, 2026.

The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the party, between the Republican Party and the Democratic Party, that holds the most US governor seats as a result of the 2026 midterm elections. If the Republican Party and the Democratic Party hold the same number of governor seats as a result of the 2026 midterm elections, this market will resolve to “Tie”. This market will resolve based on the results of all gubernatorial elections, including special elections, that are scheduled to occur in November 2026 as of October 31, 2026. If a required runoff for any such election could change the market’s outcome, the market will remain open until that runoff is conclusively called by this market’s resolution sources. For governor seats contested in the specified election, seats are attributed to the party under which the governor was elected. If a governor-elect changes party affiliation, or vacates their seat, after election day, the seat is attributed to the party under which the individual was elected. For seats not contested in the specified election, seats are attributed to the party that holds the seat as of the date of the election. If a current governor who is not up for election changes party affiliation or vacates their seat after the date of the election, the seat is attributed to the party under which the governor was affiliated at the time of the election. If a governorship is vacant but a corresponding election will not be held in November 2026, that seat will be considered held by the party of the seat's most recent incumbent. The resolution sources for this market will be official information from relevant state electoral authorities, and a consensus of credible reporting.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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