How many House seats will Republicans win in the Midterms?

Kalshi Elections › House Closes Jan 3, 2027 · $54 today · $30.4K traded · $14.2K at stake · prices read 7 min ago

The odds

200.3median

178238

Median 200.3Middle half 191.7 – 209.1

How the odds have moved

Median: 200 on Oct 20, 200.3 now.

The median the market implied over time and its middle half (the band), read from every strike's prices on Kalshi.

Every outcome

Outcome	Chance	Day	Bid	Ask	Pays	Contracts
At least 182	93%	▲ 1	91¢	94¢	$1.06	8.4K
At least 186	88%	▼ 1	86¢	89¢	$1.12	3.2K
At least 190	78%	▼ 1	76¢	80¢	$1.25	5.7K
At least 194	71%	▲ 2	69¢	73¢	$1.37	4.3K
At least 198	56%		55¢	56¢	$1.79	6.5K
At least 202	46%	▲ 1	45¢	47¢	$2.13	2.3K
At least 206	34%	▲ 1	32¢	35¢	$2.86	10.3K
At least 210	23%	▼ 1	22¢	23¢	$4.35	5.3K
At least 214	15%		14¢	16¢	$6.25	11.0K
At least 218	9%	▼ 2	8¢	9¢	$11.11	11.0K
At least 222	6%		4¢	7¢	$14.29	3.5K
At least 226	3%	▲ 1	2¢	3¢	$33.33	3.9K
At least 230	2%			3¢	$33.33	2.6K
At least 234	2%			3¢	$33.33	6.2K

"Pays" is what a $1 stake returns if that outcome happens, at the price shown (before any fees). Bid and ask are the best prices to sell and buy "Yes".

The news: U.S. House, House, Midterms

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Odds are traders' prices on Kalshi, Polymarket, ForecastEx and Crypto.com, not forecasts by 4Conservative. Prices read from the venues 2 min ago. Prices may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts. Not betting or investment advice.

About this market

VenueKalshi

Settles onThe New York Times, The Associated Press, Decision Desk HQ

Trading closesJan 3, 2027 8:59 AM ET

Traded$30.4K (84,315 contracts)

Today$54

This week$30.4K

At stake$14.2K

In the news131 headlines today, 5,000 this week

Followed here sinceOct 19, 2026

The rules

If the number of U.S. House seats won by Republican Party candidates is at least 182 in the 2026 U.S. House elections, then the market resolves to Yes.

The full rules are on the market's page at Kalshi.

Reading the odds

A prediction market trades contracts that pay $1 if something happens. Its price is the market's chance: a contract at 62¢ means traders give it 62%. Each number here is the midpoint between the best bid and offer, or the last trade when they are more than ten cents apart.

For a question with many answers (who wins, which range a number lands in), the chances are scaled to add up to 100%. A price ladder ("above 4.25%, above 4.50% ...") gives a whole distribution: its median is where traders see an even chance either way.

Kalshi is a U.S. exchange regulated by the CFTC; its money is counted in contracts, shown here as dollars at their price. Polymarket counts dollars. ForecastEx is Interactive Brokers' exchange, regulated by the CFTC; its contracts too are shown as dollars at their price. Crypto.com lists its markets on Crypto.com | Derivatives North America, a U.S. exchange regulated by the CFTC; it reports the dollars traded. Where more than one asks the same question, each is shown, never averaged.

Prefer betting odds? Switch to American (+150) or decimal (2.50) odds at the top of the page.

Prediction-market prices are what traders pay for each outcome on Kalshi, Polymarket, ForecastEx and Crypto.com, read as the market's implied chance. They are not forecasts by 4Conservative, can move fast and can be wrong; they are read every few minutes and may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts at their price. News comes from the 4Conservative index; prices of stocks, rates and coins from 4Conservative Finance. Nothing here is betting, financial or investment advice. Terms of use.