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2026 midtermsHow Many Senate Seats Will Democrats and Republicans Hold After 2026?

How many Senate seats will Democrats hold after the Midterms? Kalshi traders make Above 52 the favorite at 38%, ahead of 52 at 22%. Over the past week on Kalshi, 52 gained the most, 5 points to 22%, and 51 lost 3 points, to 11%.

How many Senate seats will Democrats hold after the Midterms?
38%Above 52

About 2 in 5 Up 2 pts this week

Prices to buy now. $100 on Kalshi at the ask pays $263 if correct, before fees.

How many Senate seats will Republicans hold after the Midterms?
22%48

About 1 in 5 Up 6 pts this week

Prices to buy now. $100 on Kalshi at the ask pays $416 if correct, before fees.

Kalshi

How many Senate seats will Democrats hold after the Midterms?

24h volume
$239Kon Kalshi

Most traded: 50 ($82K)

Trading closes
Feb 1, 2027

10:00 AM ET

Prices to buy each outcome. Some quotes are stale: they weren't observed recently and may have moved. Tap a price to open Kalshi.

How many Senate seats will Democrats hold after the Midterms?: Kalshi odds, observed between Oct 21, 3:54 AM and 7:59 AM ET
OutcomeChanceKalshiSources
Above 5238%Kalshi38¢
5222%Kalshi22¢
5014%Kalshi14¢
5111%Kalshi11¢
496.6%Kalshi6.6¢
486.3%Kalshi6.4¢
473.8%Kalshi3.8¢
Below 452.2%Kalshi2.3¢
462.2%Kalshi2.2¢
451.5%Kalshi1.6¢

Open Chance is the midpoint of Kalshi's bid and ask. Source: Kalshi via DeFi Rate, observed between Oct 21, 3:54 AM and 7:59 AM ET.

Price history · Kalshi daily closeAug 20 – Oct 20

Over the past week on Kalshi, 52 gained the most, 5 points to 22%, and 51 lost 3 points, to 11%.

10203040SepOct38%20%14%11%
Above 52525051

Source: Kalshi daily close via DeFi Rate, Aug 20 to Oct 20 (UTC days). A day without a close is left out.

Kalshi

How many Senate seats will Republicans hold after the Midterms?

Kalshi traders make 48 the favorite at 22%, ahead of 47 at 13%.

24h volume
$41Kon Kalshi

Most traded: 48 ($13K)

Trading closes
Feb 1, 2027

10:00 AM ET

Prices to buy each outcome. Tap a price to open Kalshi.

How many Senate seats will Republicans hold after the Midterms?: Kalshi odds, observed between Oct 21, 7:28 AM and 8:00 AM ET
OutcomeChanceKalshiSources
4822%
$100 on Kalshi at the ask pays $416
Kalshi24¢
4713%
$100 on Kalshi at the ask pays $769
Kalshi13¢
5012%
$100 on Kalshi at the ask pays $833
Kalshi12¢
Below 459.5%
$100 on Kalshi at the ask pays $1,000
Kalshi10¢
469.5%
$100 on Kalshi at the ask pays $1,000
Kalshi10¢
499.5%
$100 on Kalshi at the ask pays $1,000
Kalshi10¢
458.5%
$100 on Kalshi at the ask pays $1,111
Kalshi9¢
516.5%
$100 on Kalshi at the ask pays $1,428
Kalshi7¢
525.5%
$100 on Kalshi at the ask pays $1,666
Kalshi6¢
533.5%
$100 on Kalshi at the ask pays $2,500
Kalshi4¢

Open Chance is the midpoint of Kalshi's bid and ask, or its last trade. Source: Kalshi via DeFi Rate, observed between Oct 21, 7:28 AM and 8:00 AM ET.

Price history · Kalshi daily closeAug 20 – Oct 20

Over the past week on Kalshi, 48 gained the most, 6 points to 22%.

510152025SepOct20%13%12%
484750

Source: Kalshi daily close via DeFi Rate, Aug 20 to Oct 20 (UTC days). A day without a close is left out.

Polymarket

Republican Senate seats after the 2026 midterm elections?

Polymarket traders make ≤47 the favorite at 41%, ahead of 48 at 18%.

Favorite
41%≤47

About 2 in 5

Runner-up
18%48

About 1 in 6

24h volume
$14Kon Polymarket

Most traded: 49 ($7K)

Prices to buy each outcome, or the last trade where no one is selling. Some quotes are stale: they weren't observed recently and may have moved. Tap a price to open Polymarket.

Republican Senate seats after the 2026 midterm elections?: Polymarket odds, observed between Oct 21, 5:47 AM and 8:01 AM ET
OutcomeChancePolymarketSources
≤4741%Polymarket41¢
4818%Polymarket18¢
5013%Polymarket12¢last trade
4912%Polymarket13¢
519.5%Polymarket10¢
524.3%Polymarket5.1¢last trade
534%Polymarket3.4¢last trade
542.7%Polymarket1.9¢last trade
551.7%Polymarket2.2¢last trade
560.7%Polymarket0.90¢last trade

Open Chance is Polymarket's displayed price, or the midpoint of its bid and ask. Source: Polymarket via DeFi Rate, observed between Oct 21, 5:47 AM and 8:01 AM ET.

Price history · Polymarket daily closeAug 20 – Oct 20

Over the past week on Polymarket, ≤47 gained the most, 2 points to 41%.

10203040SepOct40%18%13%
≤474850

Source: Polymarket daily close via DeFi Rate, Aug 20 to Oct 20 (UTC days). A day without a close is left out.

Market moves

Biggest moves, last 7 days

48How many Senate seats will Republicans hold after the Midterms? · Kalshi daily close
16% → 22%
+6 pts
52How many Senate seats will Democrats hold after the Midterms? · Kalshi daily close
17% → 22%
+5 pts
51How many Senate seats will Democrats hold after the Midterms? · Kalshi daily close
14% → 11%
−3 pts

Change in percentage points over 7 days, from daily closing prices to the latest observation (Oct 21, 8:01 AM ET).

Two Republican-held seats that decide how high the Democratic count can go are close in the latest polls. In Texas, a UMass Lowell poll released October 8 had James Talarico and Ken Paxton tied at 45%, and on October 7 President Trump called for the two to debate. In Maine, Senator Susan Collins and Troy Jackson held their third debate on October 13, after a Marist poll of Maine had Jackson ahead 51% to 47%.

Republicans hold the chamber 53–47 today, so Democrats need a net gain of four seats for a 51-seat majority; at 50–50, Vice President JD Vance breaks ties for Republicans. On October 6 the Cook Political Report moved Kansas to Toss Up and New Hampshire and North Carolina toward Democrats.

On Kalshi, the most likely single result for Democrats is more than 52 seats, at 35%, followed by exactly 52 at 17%. On the Republican side, Kalshi's most likely single number is 48 seats, at 17%, and Polymarket puts Republicans at 47 seats or fewer at about 38%. The live tables above update through the day.

Latest updates

  • October 14, 2026 (checked about 10:20 p.m. Eastern): on Kalshi, Democrats holding more than 52 seats last traded at 35¢ and exactly 52 at 17¢; Republicans holding exactly 48 last traded at 17¢. On Polymarket, Republicans at 47 or fewer seats had a 38.5% midpoint (38¢ bid, 39¢ ask). These are snapshots; the tables above show the current prices.
  • October 13, 2026: Collins and Jackson held the third of their four scheduled debates, covering energy costs, health care and immigration enforcement.
  • October 8, 2026: UMass Lowell released a Texas poll of 850 likely voters, taken September 18–28, with Talarico and Paxton tied at 45% (margin of error ±4.5 points).
  • October 7, 2026: President Trump posted that Talarico should debate Paxton; no debate has been scheduled.
  • October 6, 2026: Cook moved Kansas to Toss Up, North Carolina to Likely Democratic and New Hampshire to Lean Democratic. Marist released its Maine poll of 1,505 registered voters, taken October 1–4 (margin of error ±3.8 points).

How to read the seat boards

Each venue's board has its own table, because the two count seats differently (see below), so their prices aren't averaged. Each line is one seat count or a catch-all, and only one line on each board can win.

Kalshi's Democratic board runs from "below 45" to "above 52", and its Republican board from "below 45" to "above 57". Polymarket's Republican board has exact numbers from 48 to 56, with "47 or fewer" and "57 or more" at the ends; those catch-alls aren't the same bet as Kalshi's exactly 47 or 57.

The Democratic and Republican boards usually move together, but they aren't exact mirror images: an empty seat or a senator outside both parties can leave the two counts short of 100.

What matters

  • The four-seat gap. Democrats need to flip four Republican seats without losing any of their own for a majority. A gain of three gives a 50–50 Senate that Republicans still run.
  • Maine and Texas. Both are Republican-held seats where recent polls are close; they're the gap between a 50-seat and a 52-seat Democratic result.
  • The widening map. Kansas moving to Toss Up adds a Republican seat to the list Democrats can realistically win.

Key dates

  • October 15, 2026: final scheduled Maine Senate debate.
  • October 19, 2026: early voting begins in Texas.
  • Tuesday, November 3, 2026: general election.
  • February 1, 2027: Kalshi counts the seats each party holds.

How the markets settle

Kalshi's Democratic seats market (KXDSENATESEATS-27) and Republican seats market (RSENATESEATS-27) count the seats each party holds on February 1, 2027, not the seats it wins on Election Day. Seats that aren't up this year count too, and independents who caucus with Democrats, such as Bernie Sanders and Angus King, count as Democrats. A resignation, appointment or party switch before February 1 changes the count. "52" means exactly 52; "above 52" means 53 or more.

Polymarket's Republican Senate seats market goes by the election result instead: a seat counts for the party that wins it, and stays that way after a vacancy or party switch. So Kalshi's 48 and Polymarket's 48 can settle differently, which is why each venue has its own table.

Polymarket US lists Republican and Democratic seat markets too, but the site can't show their prices yet. Its Democratic market asks "45 or more", "49 or more" and so on, a different question from Kalshi's exact counts.

Each market's full rules are on its own page on Kalshi (search the codes above) and Polymarket. We name the markets here instead of linking them, because our links to these apps open their home or sign-up page, not the market.

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Source: DraftKings Predictions / Gemini / Kalshi / Novig / Polymarket / Polymarket US / ProphetX / Rothera / Underdog Exchange via DeFi Rate: volume by category as of Oct 21, 5:30 AM ET.