PolymarketPoliticsDevelopingUpdated 12m ago

Will the Republican Party hold below 190 House seats after the 2026 midterm elections?

As of Nov 1, 2026, 10:14 AM ET, Polymarket priced this market at 41.0% (up from 36.5% 24 hours earlier). It had $66.9K traded in the past 24 hours, $58.5K of order-book liquidity and a bid-ask spread of 2.0 pts. probcast.co rates the support behind this price as strong.

Market probability
41.0%
+4.5 percentage points
over 24 hours36.5% → 41.0%
Resolving soon

Deep, easy-to-trade market — and today's move was spread across many accounts.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Strong

Consensus stability

Forming

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$58.5K

Bid-ask spread

2.0 pts

24h volume

$66.9K

Total volume

$163.9K

It would take roughly $862.8 of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

Broad participation
29%of the traded money came from the single largest account

Accounts

85

Trades

200

over 3 days

Largest order

$8.1K

$27.7K traded across these 200 trades (last 3 days).

Many independent accounts traded — the price reflects a crowd, not one trader.

Recent trade activity$27.7K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve according to the Republican Party’s seat count in the U.S. House of Representatives as a result of the 2026 United States midterm election scheduled for November 3, 2026.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve according to the Republican Party’s seat count in the U.S. House of Representatives as a result of the 2026 United States midterm election scheduled for November 3, 2026. The seat count includes all House elections in the 2026 United States midterm election that elect voting members and determine representation in the upcoming 120th Congress. Where a seat is decided by a runoff, the runoff result will determine attribution of that seat. Seats are attributed to the party under which the member was elected. If a member-elect changes party affiliation, or vacates their seat, between election day and the formal organization of Congress, the seat is attributed to the party under which the member was elected. House members elected as independents who formally caucus with, or, for newly elected members, who announce their intent to caucus with, the Republican party are included in the count. If the caucus decisions of members of the House elected as independents cannot be determined on the date of the election, this market may remain open until the earlier of (i) an announcement from the relevant members of their intents to caucus, or (ii) January 4th, 11:59 PM ET of the following calendar year. If no such announcement is made by January 4th, 11:59 PM ET of the following calendar year, the member will not count towards the seat count of any party. The resolution sources for this market will be official information from relevant state electoral authorities, the United States Congress, and a consensus of credible reporting.

Why the odds moved

The probability rose 4.5 percentage points over the last 24 hours (36.5% → 41.0%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The scheduled event takes placeNovember 3, 2026 at 11:59 PM ET

    The contract resolves on the event's outcome.

Derived from the contract's own mechanics as of Nov 1, 10:26 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±18 pts.

Reacting to newsLegacy movement classifier: watch

What's happening

medium classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 4.5 pts in ≤6h on adequate liquidity

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
46Medium
Where the price path tends to go nextmodel estimate
  • Trend continuation39%
  • Choppy / mean-reverting27%
  • Stable consensus19%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~1h
PredictabilityStable

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H+4.524H+4.57D+4.5

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