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2026 MidtermsHouse Control Odds 2026: Kalshi vs Polymarket

Polls are open on Election Day, and Democrats are heavy favorites to win the House: about 94% on Kalshi, 94.5% on Polymarket and 94.4% on Polymarket US as of 7:15 a.m. Eastern, Nov. 3, unchanged from Nov. 2 and up from 91% on Kalshi a week earlier. A final I&I/TIPP poll had Democrats ahead by 10 points on the generic ballot. The markets keep trading live as results come in tonight and settle on the official result; compare House control odds across Kalshi and Polymarket, find the lowest prices and see the payout on Democrats or Republicans.

Market moves

Biggest moves, last 7 days

House controlDemocrats · Kalshi
91% → 97%
+6 pts

Change in percentage points over 7 days, from daily closing prices to the latest observation (Nov 3, 7:03 PM ET).

House control

Every app’s price

The chance each party controls the House after the 2026 midterms, on every app we track.

The Senate and both chambers →

Our figure averages Kalshi and Polymarket. Polymarket US’s price is read live from the app and isn’t averaged. Gemini isn’t in our price feed: its cell shows the price an editor last checked, with the date, and isn’t averaged.

House control, each app’s price
PartyChanceKalshiPolymarketPolymarket USGeminiSources
Democrats98%
$100 on Kalshi at the ask pays $102
Kalshi97.3¢Polymarket98.2¢Polymarket US97.3¢Gemini92¢ · Sep 22
Republicans2.3%
$100 on Polymarket at the ask pays $5,263
Kalshi2.9¢Polymarket1.9¢Polymarket US2.9¢Gemini8¢ · Sep 22

Source: Kalshi / Polymarket via DeFi Rate, observed between Nov 3, 6:49 PM and 7:03 PM ET.

Price over time

Democrats’ House chance, day by day

Kalshi’s daily close for Democrats winning the House, since May 27.

708090100JunJulAugSepOctMay 27: 76%Nov 497%
Balance of power

House and Senate together

Each way the two chambers could split, from Kalshi’s and Polymarket’s combined contracts (midpoint prices).

Balance of power after the 2026 midterms
OutcomeChanceKalshiPolymarketSources
Democrats win both87%
At last trade, $100 returns $116
Kalshi85.5¢Polymarket88.5¢
Democratic House, Republican Senate11%
At last trade, $100 returns $952
Kalshi10.5¢Polymarket10.5¢
Republican House, Democratic Senate0.4%
At last trade, $100 returns $28,571
Kalshi0.35¢Polymarket0.35¢
Republicans win both2.3%
At last trade, $100 returns $5,714
Kalshi2.9¢Polymarket1.8¢

Democrats are heavy favorites for the House on Election Day

Polls are open today, and traders give Democrats about a 19-in-20 chance of winning the House. At DeFi Rate’s 7:15 a.m. Eastern check on November 3, Kalshi’s Democratic side was at 94% (93.9¢ bid, 94¢ ask), Polymarket’s midpoint was 94.5% and Polymarket US’s was 94.4% (94.3¢ bid, 94.4¢ ask). That is unchanged from the noon check on November 2; Kalshi was at 91% a week earlier and 90% on October 14. Democrats need a net gain of three seats for a majority.

The final national polls give traders no reason to doubt it. An I&I/TIPP poll released November 2 had Democrats ahead 52% to 42% on the generic ballot among likely voters. The first polls close at 6 p.m. Eastern, in 11 House districts in Indiana and Kentucky, and the last close at 1 a.m. Eastern in Alaska, according to 270toWin’s closing times. The House markets keep trading live as results come in tonight, and Kalshi’s contract can settle early once the media projections agree.

October background: Cook moves 18 races toward Democrats

On Friday, October 9, the Cook Political Report moved 18 House races toward Democrats, two weeks after shifting 15 the same way. Four Republican-held seats went from Toss Up to Lean Democratic: Iowa's 1st and 3rd districts, held by Mariannette Miller-Meeks and Zach Nunn, and Pennsylvania's 7th and 10th, held by Ryan Mackenzie and Scott Perry, the Washington Post reported. Democrat Marie Gluesenkamp Perez's Washington seat also moved from Toss Up to Lean Democratic, and four races moved from Lean Republican to Toss Up: Iowa's 2nd, Michigan's 4th, North Carolina's 1st and Virginia's 1st. Cook editor Erin Covey wrote that the most likely outcome is now a Democratic gain of nine to 19 seats, or 224 to 234 seats in the next House, and that Republicans' heavy ad spending in recent weeks "has yet to move the needle," Mediaite reported. Democrats need a net gain of three seats for a majority.

National polling points the same way. A NewsNation/Decision Desk poll released Tuesday, October 13, and taken October 5–9, had Democrats ahead 49% to 42% on the generic congressional ballot among 974 likely voters (margin of error ±3.2 points), with 60% viewing President Trump unfavorably. Inflation was the top issue, named by 28%.

At DeFi Rate’s 5:17 p.m. Eastern check on October 14, the Democratic side of Kalshi's House control market last traded at 90% and the Republican side at 10%. On Polymarket, the Democratic side's midpoint was 90.5% (90¢ bid, 91¢ ask). The cards on this page update through the day.

Latest updates

  • November 3, 2026 (checked 7:15 a.m. Eastern): Election Day, with polls open. The Democratic side of Kalshi’s House control market was at 94% (93.9¢ bid, 94¢ ask), unchanged from November 2. Polymarket’s midpoint was 94.5% (94¢ bid, 95¢ ask) and Polymarket US’s was 94.4% (94.3¢ bid, 94.4¢ ask). The first polls close at 6 p.m. Eastern. These are snapshots; the cards above show the current prices. (Prices checked by DeFi Rate from each market’s live data.)
  • November 2, 2026 (checked 12:00 p.m. Eastern): the Democratic side of Kalshi’s House control market was at 94% (93.9¢ bid, 94¢ ask), up from 91% a week earlier. Polymarket’s midpoint was 94.5% (94¢ bid, 95¢ ask) and Polymarket US’s was 94.7% (94.6¢ bid, 94.7¢ ask). An I&I/TIPP poll released November 2 had Democrats ahead 52% to 42% on the generic ballot among likely voters. These are snapshots; the cards above show the current prices. (Prices checked by DeFi Rate from each market’s live data.)
  • October 14, 2026 (checked 5:17 p.m. Eastern): the Democratic side of Kalshi's House control market last traded at 90% and the Republican side at 10%. On Polymarket, the Democratic side's midpoint was 90.5% (90¢ bid, 91¢ ask). These are snapshots; the cards above show the current prices. (Prices checked by DeFi Rate from each market's live data.)
  • October 13, 2026: a NewsNation/Decision Desk HQ poll, taken October 5–9, put Democrats ahead 49% to 42% on the generic ballot among likely voters. (Source: The Hill)
  • October 9, 2026: Cook moved 18 House races toward Democrats, including IA-01, IA-03, PA-07, PA-10 and WA-03 from Toss Up to Lean Democratic, and IA-02, MI-04, NC-01 and VA-01 from Lean Republican to Toss Up. It now projects a Democratic gain of nine to 19 seats. (Source: Cook Political Report)
  • October 7, 2026: Republican strategists who had expected 13–14 seats from redistricting now see fewer than five as likely pickups. (Source: New York Post)
  • September 25, 2026: Cook moved 15 House ratings toward Democrats, leaving 208 seats in Democratic-favored categories, 205 in Republican-favored ones and 22 Toss Ups. (Source: Cook Political Report)

The House Toss Ups that could determine the majority

After its October 9 changes, Cook rated 21 House races as Toss Ups, listed in the table below. Cook has published more rating changes since, so check its current ratings before relying on this list.

Cook's projected range, a Democratic House of 224 to 234 seats, is not a guarantee. A Lean Democratic seat can still elect a Republican, and a Lean Republican seat can still elect a Democrat.

2026 House Toss Up tracker

DistrictIncumbent or previous holderPartyStatus
AZ-06Juan CiscomaniRIncumbent
CA-22David ValadaoRIncumbent
CO-08Gabe EvansRIncumbent
FL-14Kathy CastorDIncumbent
FL-22Lois FrankelDOpen
FL-25Jared MoskowitzDIncumbent
IA-02Ashley HinsonROpen
MI-04Bill HuizengaRIncumbent
MI-07Tom BarrettRIncumbent
MI-10John JamesROpen
NC-01Don DavisDIncumbent
NC-11Chuck EdwardsROpen
NY-17Mike LawlerRIncumbent
OH-07Max MillerRIncumbent
OH-09Marcy KapturDIncumbent
PA-08Rob BresnahanRIncumbent
TX-15Monica De La CruzRIncumbent
TX-34Vicente GonzalezDIncumbent
VA-01Rob WittmanRIncumbent
VA-02Jen KiggansRIncumbent
WI-03Derrick Van OrdenRIncumbent

Source: Cook's House ratings, as of October 9. Party identifies the seat’s current or previous holder, not the projected winner. Open seats have no incumbent seeking reelection.

Republicans are defending most of the Toss Ups. Pennsylvania shows how fast the map is moving: three of its districts were Toss Ups before October 9, and after that day's changes only Rob Bresnahan's PA-08 is still rated Toss Up, with Ryan Mackenzie's PA-07 and Scott Perry's PA-10 now Lean Democratic.

South Texas provides another example. Republican Monica De La Cruz is defending TX-15, while Democrat Vicente Gonzalez is defending neighboring TX-34. New polling showing reduced Republican support among Latino voters has brought renewed attention to both districts.

The Toss Up list does not capture every district Republicans or Democrats are contesting. Republican targets such as NY-04 and NV-03 are currently rated Lean Democratic, meaning they sit outside this table despite receiving significant campaign attention.

House election prices don’t tell you how many seats each party will win

A Democratic House control contract pays on the party taking control, whether the eventual majority is 218 seats or 230. Seat-count markets cover a different question.

For a combined seat-count question rather than House control alone, compare the Blue Wave seat thresholds.

Kalshi offers House seat-count and margin-of-victory markets in addition to the national control contract. PredictIt also lists contracts covering ranges of Republican House seats.

Consider two possible results: Republicans finish with 217 seats, or they finish with 190. Both would ordinarily leave Democrats controlling the House, but the outcomes would settle different seat-range contracts.

Popular vote markets are different again. Democrats could win more votes nationally without winning a majority of congressional districts, because House seats are decided in 435 separate elections.

Readers following the size of a potential Democratic gain should distinguish House control from seat totals, district-level results and the nationwide popular vote.

For the bigger picture, see our 2026 midterm odds hub and Senate race odds.

Where to trade the 2026 House elections

House election contracts are available through several prediction markets and apps, although the available outcomes and settlement rules vary.

Compare election trading apps to choose a venue for congressional markets based on coverage, fees and access.

Prediction market or appExamples of House-related contracts
KalshiHouse control, seat totals, winning margin and district markets
PolymarketHouse control and individual district outcomes
Polymarket USHouse control, balance of power, House popular vote winner and Republican seat totals
PredictItHouse control, Republican seat totals and congressional balance of power
RobinhoodCongressional balance of power, including Democratic House/Republican Senate
CoinbaseHouse-related and individual congressional district contracts

Robinhood’s congressional balance-of-power market, for example, separates a Democratic House and Democratic Senate from a Democratic House and Republican Senate. A trader taking a position on either outcome needs to consider results in both chambers, rather than the House alone.

Prediction apps may also offer different contracts through different underlying exchanges. Availability depends on your location, eligibility and the particular market.

For direct House control comparisons, DeFi Rate tracks Kalshi, Polymarket and Polymarket US live; Polymarket US is shown on the board but not included in the average. Its data does not imply that those are the only prediction markets offering election contracts.

House prediction market FAQs

What happens if neither party wins 218 seats?

Polymarket’s House control rules account for a situation where neither major party wins a majority of voting seats. In that case, the party affiliation of the first elected Speaker of the new House determines the winning outcome. For example, if neither Democrats nor Republicans independently secured 218 seats, an agreement involving independent members could determine which party supplies the Speaker.

Do independent candidates count toward party control?

Under Polymarket’s published provisions, an independent who caucuses with a party, or announces an intention to do so, may count toward that party’s total. The rules include a January 4, 2027, deadline for determining the affiliation of an independent member whose position remains unclear. The market may remain unresolved while that determination is outstanding.

Will House control contracts settle on election night?

Not necessarily. Kalshi’s House control contract allows early determination based on a consensus of media projections. Otherwise, it identifies the Speaker’s party affiliation on February 1, 2027, as the determining outcome. A close election involving recounts or uncalled districts may therefore leave positions open after November 3. Check the contract’s published settlement rules rather than treating Election Day as a guaranteed payout date.

What happens if a candidate changes parties after winning?

Polymarket’s House control provisions attribute a seat to the party under which the member was elected, rather than automatically changing its attribution following a later party switch. A vacancy before the new Congress is organized also does not necessarily change how that seat is counted under those rules. These provisions are specific to the contract and should not be assumed to apply across every prediction market.

Can a party win the House popular vote and lose control?

Yes. The national popular vote totals ballots cast across House districts, while control depends on the seats won in individual races. A popular-vote-margin contract and a House control contract can therefore settle on different political outcomes. Traders comparing them should read the settlement criteria for each market rather than treating the contracts as equivalent.

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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 Nov 13, 7:30 AM ET.