Will the Republican Party win the OH-11 House seat?

Prediction markets currently give a 7% probability that Will the Republican Party win the OH-11 House seat?. This contract trades at 7¢ on Polymarket, closing November 3, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $37,448 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 $45,520.145·Closes Nov 3, 2026·195d remaining
0x8c3a2f56da375106f7052f1021a520fe250afec5556b3344a4a48b8854f6df67

Analysis

5d ago

This market shows extreme illiquidity with zero 24-hour volume despite $37,448 in open interest, suggesting the 7¢ price may not reflect genuine market consensus but rather stale positioning. The astronomical 2,416.7% implied yield on the Yes side is a classic sign of a deeply mispriced long-tail outcome—likely reflecting either a data artifact or genuine belief that Republicans have virtually no chance in this heavily Democratic district (OH-11 has been solidly blue). With 201 days to expiration and a moderate cliff risk index of 13, traders should be cautious about the reliability of this price given the complete absence of recent trading activity.

Resolution rules

This market will resolve according to the party of the candidate who wins the OH-11 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) 2484.9%
IY (No) 14.1%
Adj IY 1242%
CRI 13
▶ Full indicator table (4)
IndicatorValue
IY (Yes)2484.9%
IY (No)14.1%
Adj IY1242%
CRI13

Regime

Label
neutral
Score
0.409
Spread
1¢
Computed
4/21/2026, 8:29:01 PM
Observability mediumEvent type political
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0x8c3a2f56da375106f7052f1021a520fe250afec5556b3344a4a48b8854f6df67 yes 100

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