Will the Republican Party win the CT-01 House seat?

Prediction markets currently give a 7% probability that Will the Republican Party win the CT-01 House seat?. This contract trades at 7¢ on Polymarket, closing November 3, 2026. This market exhibits extreme illiquidity with zero 24-hour volume despite $16,118 in open interest, suggesting the 7¢ price may not reflect genuine market consensus but rather stale positioning.

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7¢
Bid/Ask 6/7¢·Spread 1¢·Vol $0·OI $35,632.817·Closes Nov 3, 2026·195d remaining
0x7441b8705230ec9ec80a0891205ce7590279bbb4d62867cc78350ff116f8ccb0

Analysis

4d ago

This market exhibits extreme illiquidity with zero 24-hour volume despite $16,118 in open interest, suggesting the 7¢ price may not reflect genuine market consensus but rather stale positioning. The 2424.5% implied yield on the Yes side is extraordinarily high and likely unrealistic given Connecticut's strong Democratic lean in CT-01, indicating the market is pricing in either a dramatic political realignment or suffering from insufficient liquidity to establish fair value. With 200 days to expiration and a 13 Cliff Risk Index, traders should be cautious about the reliability of this price as a predictive signal.

Resolution rules

This market will resolve according to the party of the candidate who wins the CT-01 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) 2485.6%
IY (No) 14.1%
Adj IY 1243%
CRI 13
▶ Full indicator table (4)
IndicatorValue
IY (Yes)2485.6%
IY (No)14.1%
Adj IY1243%
CRI13

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/21/2026, 9:53:00 PM
Indicators computed 4/21/2026, 9:38:18 PM

Trade

View on polymarketsf trade 0x7441b8705230ec9ec80a0891205ce7590279bbb4d62867cc78350ff116f8ccb0 yes 100

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