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2026 Midterms Tracker

Real-time prediction market odds for the 2026 US midterms — closest Senate and House races plus chamber control, sourced from Kalshi and Polymarket, updated every 15 minutes.

Price = contract price in cents (0–100¢ → 0–100% implied probability)
Races sorted by competitiveness (closest to 50¢ first) · prices update every 15 minutes

POLITICS

Live Senate, House & balance-of-power odds — updated all cycle

What is this?

The 2026 midterms decide control of both chambers. This tracker rotates through the most competitive Senate races, the most competitive House races, and the balance-of-power contracts that price which party controls each chamber after January 2027 — all sourced live from Kalshi and Polymarket.

Control markets move on every close race. When a single Senate seat re-prices, the chamber-control contract re-prices with it — and the two don't always stay in sync. That lag is where a sharp trader finds a position.

Real-World Example

→ The Control Lag

A toss-up Senate seat drifts from 50¢ to 58¢ for one party after a recruiting win. The seat market moves fast — but the chamber-control contract is still pricing the old map at 44¢.

You take a position on control before the market finishes connecting the dots. As more seats confirm the trend, the control contract catches up and you're already in.

Action: Watch the closest races and the control contract together — when they disagree, the market hasn't finished pricing the map.

Bottom line: Single-seat moves lead chamber-control prices. The lag between them is the edge.

Full guide →

Quick Answer

this page shows live 2026 midterm probabilities from Kalshi and Polymarket — the closest Senate and House races plus the market-implied odds each party controls its chamber after January 2027. Each contract pays $1 if the named party wins control, so the price is the money-weighted probability.

The 2026 midterms decide control of the Senate and House. This tracker surfaces the most competitive races on each side and the balance-of-power contracts that price which party controls each chamber after January 2027 — sourced live from Kalshi and Polymarket. Each contract is a binary: it pays $1 if it resolves yes, $0 if not, so the price is the market's consensus probability, updated continuously.

Source: Kalshi + Polymarket · Updated 4:00 PM EDT

Balance of Power — Chamber Control
D-House, D-Senate
46¢
D-House, R-Senate
38¢
R-House, R-Senate
18¢
R-House, D-Senate
2¢
Senate — Closest Races
AK Senate
Democratic party
57¢
KS Senate
Republican party
83¢
GA Senate
Jon Ossoff
85¢
AL Senate
Barry Moore
96¢
House — Closest Races
VA-01
Republican party
50¢
PA-08
Paige Cognetti
61¢
OH-09
Marcy Kaptur
62¢
MI-04
Republican party
67¢

Related Tools

Why use prediction markets for 2026 midterm odds?

Polls measure opinion. Prediction markets measure conviction. On Kalshi, a trader who thinks a party flips a Senate seat puts real money behind that view — and loses it if they are wrong. That skin in the game forces price discovery that polls can't replicate, race by race.

How to read the closest races vs. chamber control

There are two layers to watch:

Embed this 2026 midterms tracker

Click the Embed button above. The hero rotates through the closest Senate races, closest House races, and balance-of-power contracts — perfect for politics blogs and newsletter headers. One iframe, no maintenance, auto-updates from live market data.

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