The Prediction Markets

Will the 120th Congress Speaker be elected on the first ballot?

Closes
Jan 4, 2027, in 59 days
Traded
$3K
Venues
Polymarket
Prices updated
1 d ago
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What the markets expect

Yes 77.5%

Only Polymarket lists this market, so there is no second price to compare.

Yes 77.5%No 22.5%

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, the oldest 26 h ago. Ages are as of when this page was built.

  • Polymarket
Yes
77.5%
Polymarket 77.5%polled, 26 h agoBest Yes 79¢ on Polymarket, $100 pays $127 (1.27x)
Polymarket
Contract
Yes
Last price
77.5%
As of
Polled 1 d ago
Buy Yes
79¢
Sell Yes
76¢
$100 on Yes pays
$127 (1.27x)
Volume
$3K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The leading outcome on both venues, with the consensus between them. Hover for exact values.

  • Yes

Order books

Each venue’s resting orders for the 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 Yes and No 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 "Will the 120th Congress Speaker be elected on the first ballot?". Yes leads at 77.5%. $3K has traded across 1 outcome on Polymarket. The market is expected to resolve by Jan 4, 2027.

The election for Speaker of the United States House of Representatives is expected to take place on January 3, 2027, on the opening day of the 120th United States Congress. This market will resolve to "Yes" if the first Speaker of the House for the 120th United States Congress is elected on the first ballot. Otherwise, this market will resolve to "No". A ballot is a roll call vote of the House to elect a Speaker, as conducted and announced by the Clerk of the House. Quorum calls and votes on procedural motions (such as motions to adjourn) are not ballots. A candidate is elected when the Clerk announces that they have received a majority of the votes cast for a person by name on that ballot. If no ballot to elect the Speaker of the 120th Congress has taken place by January 31, 2027, 11:59 PM ET, this market will resolve to "No". Any individual elected to be, appointed to be, or serving as Speaker pro tempore in the 120th congress will have no bearing on the resolution of this market. The primary resolution source for this market will be the official roll call votes for the election of the Speaker published by the Clerk of the US House of Representatives (clerk.house.gov), however a consensus of credible reporting may also be used.

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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