MIDTERMS 2026Live · updated every 5 min38 tradeable contracts

2026 Midterms Prediction Markets

Every real-money midterm market in one place — 31 Senate states, 66 competitive House districts, chamber seat count distributions, and the balance of power combo. Kalshi prices are CFTC-regulated. Polymarket prices shown for cross-platform comparison where available.

Balance of Power

4 combo contracts · Kalshi + Polymarket

The single highest-stakes midterm market — four outcomes covering who controls the Senate and House after November. Each contract pays $1 if the exact combo resolves true. Republican Hold + Republican Hold currently prices as the heaviest book; Democratic flips are the long-tail opportunity.

Polymarket · Balance of Power

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Yes48¢
No53¢
Yes
No97¢
Yes35¢
No66¢
Yes18¢
No83¢
Yes
No99¢

Polymarket chamber control binaries

Polymarket · Senate Control

Yes48¢
No53¢
Yes51¢
No50¢

Polymarket · House Control

Yes83¢
No18¢
Yes19¢
No82¢

2026 Senate Races — State by State

4 states · sorted by competitiveness

All 33 Class 2 Senate seats on the ballot in November 2026, sorted by how close the market is to 50/50 — the most contested races first. A tight spread (40¢/60¢ or closer) signals a genuinely two-way race where the market hasn’t found consensus. That’s where the edge lives.

House Seat Count Distributions

3 events

Seat-by-seat distributions for Republican and Democratic House totals after the 2026 election. Compare these against aggregated polling models — divergences between the market and the models are your signal. These markets aggregate 435 individual district outcomes into chamber-level probabilities.

R Lose Majority Early

Will Republicans lose the House majority before the midterms?

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7.7k contracts traded · 4.4k open

2026 House District Races

1 competitive districts · sorted by competitiveness

The 66 most competitive House districts on Kalshi — sorted by how close the current pricing is to a coin flip. Most of these are genuine swing seats in Arizona, California, New York, Pennsylvania, Texas, and Virginia. Incumbency, presidential approval, and national environment all flow through these prices in real time.

How to Read These Markets

Price = ProbabilityA 68¢ Yes price means the market implies a 68% chance that outcome happens. Each contract pays $1 at resolution. Kalshi prices are CFTC-regulated real money.
Competitiveness SortSenate and House races are sorted by how close the leading price is to 50¢. The tightest races — where the market hasn’t made up its mind — are at the top. That’s where the volume and opportunity concentrate.
Kalshi vs. PolymarketKalshi is CFTC-regulated and legally accessible to US traders. Polymarket is offshore. When the two platforms disagree by more than a few cents, that spread is worth examining — one market is mispriced relative to the other.

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