Will the Republican Party win the ID-02 House seat?
Prediction markets currently give a 92% probability that Will the Republican Party win the ID-02 House seat?. This contract trades at 92¢ on Polymarket, closing November 3, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $16k open interest, suggesting the 92¢ price may not reflect true market consensus and could be vulnerable to sharp repricing.
Analysis
This market shows extreme illiquidity with zero 24-hour volume despite $16k open interest, suggesting the 92¢ price may not reflect true market consensus and could be vulnerable to sharp repricing. The asymmetric implied yields—15.9% for Yes versus 2099.6% for No—indicate severe mispricing, as the No side offers absurdly high returns that don't align with Idaho's Republican lean in House races. With 200 days to expiry and a cliff risk index of 12, this appears to be a stale or abandoned position that warrants caution for new traders seeking genuine price discovery.
Resolution rules
This market will resolve according to the party of the candidate who wins the ID-02 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The midterm elections will take place on November 4, 2026. A candidate's party will be determined by their ballot-listed or otherwise identifiable affiliation with that party at the time all of the 2026 House elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican parties will be considered a member of one of these parties based on the party with which they most recently expressed their intent to caucus at the time all of the House elections are conclusively called by this market's resolution sources. This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the United States government, specifically the Federal Election Commission (https://www.fec.gov/).
Indicators
Regime
Trade
sf trade 0x1424110417ab8e1dc362600f51eeaa965efa93969411de6b7828f8a51f0be35c yes 100