WORLD CUP 2026

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PICK OF THE DAY

Today's Oracle play

Every seat, every market — real-time probability for all 435 House seats and 35 Senate races on Kalshi and Polymarket prediction markets. The 7 Oracles.
MIDTERMS 2026Live · updated hourly89 tradeable contracts

2026 Midterms Prediction Markets

Every real-money midterm market in one place — 34 Senate races (plus Louisiana, no market yet), 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.

Updated Aug 5, 5:51 AM UTC

Marquee Toss-Up

55¢

Democratic party

46¢

Republican party

Featured Race · The Tightest Board

AK Senate

Democratic party leads at 55¢ — the highest-volume race the market still can’t call. When the leading price sits this close to a coin flip on real money, that’s where the edge lives.

483k contracts traded
Open the race breakdown →

Every Seat, Every Market — Coverage Map

50 states · click any tile

The honest map nobody else builds: every Senate seat and every House seat accounted for, flagged by whether a real market exists — live, thin, no market yet, or not up for grabs in 2026. Toggle Senate / House, hover for a summary, click a state for the full race detail and live Kalshi prices.

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. The Kalshi book sits beside the Polymarket combos below so you can read the cross-platform spread at a glance.

Polymarket · Balance of Power

Trade on Polymarket →
D Senate, D House46¢
D Senate, R House
R Senate, D House41¢
R Senate, R House13¢

Polymarket chamber control

Polymarket · Senate Control

Democrat45¢
Republican56¢

Polymarket · House Control

Democrat87¢
Republican14¢

2026 Senate Races — State by State

2 states · sorted by competitiveness

Every Class 2 Senate seat on the ballot in November 2026, plus the Ohio and Florida specials — 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.

Seat Count Distributions

Kalshi seat-count ladders

Rather than a simple binary, these markets let you position on the exact seat count each party holds after January 2027. Strikes run low-to-high — the distribution shape tells you where the market sees the realistic ceiling and floor, and divergences from the polling models are your signal.

R Lose Majority Early

Will Republicans lose the House majority before the midterms?

Trade →

39k contracts traded · 19k open

2026 House District Races

28 competitive districts · sorted by competitiveness

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

Show all 16 more House districts

Midterms Money Tracker

Live volume · updated hourly

13,407,896

contracts traded across the 2026 U.S. Senate, House, and chamber-control prediction markets on Kalshi.

179,871

Traded · 24h

8,602,085

Open interest

30

Live races

Where the money’s going — most-active races (24h)

  1. AK Senate2,931
  2. TX-151,080
  3. PA-07294
  4. AL Senate122
  5. TX-2856
  6. ME-0251

Derived from live Kalshi and Polymarket public market data. Volume is contract count, not dollars. Reporters and researchers: these figures are free to cite with attribution to PredictionMarketsPicks. Updated hourly.

Reads & Analysis

McConnell

Why McConnell Isn't Resigning Before the Midterms

Kalshi's McConnell resignation market is spiking on health headlines. But the contract settles on resignation, not health — and a death pays last traded price, not YES. Dane on why The 7 Oracles are on NO.

Read article
1 / 7

Race-by-Race Analysis

34 Senate races · live odds + market read

A dedicated page for each marquee Senate race — the live Kalshi price as implied probability, the market read, and how accurately the markets called that state in 2024. More races roll out through the summer.

Georgia Senate 2026 →

Jon Ossoff (D) · Likely D

Michigan Senate 2026 →

Gary Peters (D) · Lean D

North Carolina Senate 2026 →

Thom Tillis (R) · Likely D

Maine Senate 2026 →

Susan Collins (R) · Lean D

New Hampshire Senate 2026 →

Jeanne Shaheen (D) · Lean D

Minnesota Senate 2026 →

Tina Smith (D) · Safe D

Iowa Senate 2026 →

Joni Ernst (R) · Likely R

Texas Senate 2026 →

John Cornyn (R) · Toss-up

Alaska Senate 2026 →

Dan Sullivan (R) · Toss-up

Nebraska Senate 2026 →

Pete Ricketts (R) · Lean R

Ohio Senate 2026 →

Jon Husted (appointed 2025) (R) · Toss-up

Florida Senate 2026 →

Ashley Moody (appointed 2025) (R) · Likely R

Alabama Senate 2026 →

Tommy Tuberville (R) · Safe R

Arkansas Senate 2026 →

Tom Cotton (R) · Safe R

Colorado Senate 2026 →

John Hickenlooper (D) · Safe D

Delaware Senate 2026 →

Chris Coons (D) · Safe D

Idaho Senate 2026 →

Jim Risch (R) · Safe R

Illinois Senate 2026 →

Dick Durbin (D) · Safe D

Kansas Senate 2026 →

Roger Marshall (R) · Safe R

Kentucky Senate 2026 →

Mitch McConnell (R) · Safe R

Massachusetts Senate 2026 →

Ed Markey (D) · Safe D

Mississippi Senate 2026 →

Cindy Hyde-Smith (R) · Safe R

Montana Senate 2026 →

Steve Daines (R) · Safe R

New Jersey Senate 2026 →

Cory Booker (D) · Safe D

New Mexico Senate 2026 →

Ben Ray Lujan (D) · Safe D

Oklahoma Senate 2026 →

Alan Armstrong (R) · Safe R

Oregon Senate 2026 →

Jeff Merkley (D) · Safe D

Rhode Island Senate 2026 →

Jack Reed (D) · Safe D

South Carolina Senate 2026 →

Darline Graham Nordone (appointed 2026) (R) · Likely R

South Dakota Senate 2026 →

Mike Rounds (R) · Safe R

Tennessee Senate 2026 →

Bill Hagerty (R) · Safe R

Virginia Senate 2026 →

Mark Warner (D) · Safe D

West Virginia Senate 2026 →

Shelley Moore Capito (R) · Safe R

Wyoming Senate 2026 →

Cynthia Lummis (R) · Safe R

Competitive House Districts

18 toss-up districts · live odds + market read

A dedicated page for each of the House districts that will decide the chamber — the live Kalshi price as implied probability, the flip-or-hold market read, and the sitting member.

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.

2026 Midterms — frequently asked

Which 2026 Senate races have prediction markets?

34 of the 35 Senate seats up in 2026 have tradeable Kalshi markets, including the Ohio (Vance seat) and Florida (Rubio seat) Class 3 specials. Only Louisiana has no tradeable market yet — just an empty shell that we re-probe on a schedule.

Are there prediction markets for every House seat?

No. Of the 435 House seats, 66 competitive districts have individual Kalshi markets. The other 369 seats have no individual market and are priced only through the chamber seat-count and balance-of-power markets.

Which states have no Senate race in 2026?

15 states have no 2026 Senate race: Arizona, California, Connecticut, Hawaii, Indiana, Maryland, Missouri, Nevada, New York, North Dakota, Pennsylvania, Utah, Vermont, Washington, and Wisconsin. Their Class 1 and Class 3 seats are not on the 2026 ballot.

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