Will the Republican Party win the OH-02 House seat?

Prediction markets currently give a 92% probability that Will the Republican Party win the OH-02 House seat?. This contract trades at 92¢ on Polymarket, closing November 3, 2026. The market is pricing in an extremely high probability (92%) that Republicans retain Ohio's 2nd congressional district, though the dramatic 2091.8% implied yield on the "No" side suggests severe illiquidity on the contrarian position with only $25,328 in open interest and zero 24-hour volume.

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92¢
Bid/Ask 91/93¢·Spread 2¢·Vol $0·OI $30,462.259·Closes Nov 3, 2026·195d remaining
0x472c321e3a00bbeb1cc64efaf1c5c02058dea60abf6d93020cace5db9235199e

Analysis

5d ago

The market is pricing in an extremely high probability (92%) that Republicans retain Ohio's 2nd congressional district, though the dramatic 2091.8% implied yield on the "No" side suggests severe illiquidity on the contrarian position with only $25,328 in open interest and zero 24-hour volume. The 1-cent price decline over seven days and neutral regime score indicate the market has stabilized around this consensus view, but the 12 Cliff Risk Index and massive yield asymmetry warrant caution—this pricing may reflect thin liquidity rather than genuine conviction, especially with 201 days until resolution.

Resolution rules

This market will resolve according to the party of the candidate who wins the OH-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

IY (Yes) 16.3%
IY (No) 2150.8%
Adj IY 1075%
CRI 12
▶ Full indicator table (4)
IndicatorValue
IY (Yes)16.3%
IY (No)2150.8%
Adj IY1075%
CRI12

Regime

Label
neutral
Score
0.409
Spread
2¢
Computed
4/21/2026, 8:20:39 PM
Observability mediumEvent type political
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on polymarketsf trade 0x472c321e3a00bbeb1cc64efaf1c5c02058dea60abf6d93020cace5db9235199e yes 100

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