Will the Republican Party win the NY-26 House seat?
Prediction markets currently give a 8% probability that Will the Republican Party win the NY-26 House seat?. This contract trades at 8¢ on Polymarket, closing November 3, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $35,675 in open interest, suggesting the 8¢ price may not reflect genuine market consensus but rather stale positioning.
Analysis
This market shows extreme illiquidity with zero 24-hour volume despite $35,675 in open interest, suggesting the 8¢ price may not reflect genuine market consensus but rather stale positioning. The 2091.8% implied yield on the "Yes" side is extraordinarily high and likely unrealistic, indicating the market is severely mispriced or suffering from low-liquidity distortions rather than reflecting true Republican chances in this Democratic-leaning district. With 201 days to expiry and a moderate cliff risk index of 12, this appears to be a speculative position rather than an efficiently-priced prediction.
Resolution rules
This market will resolve according to the party of the candidate who wins the NY-26 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 0xc17a705842ab5bbd696908c564b99af59d38f12bc525d482d4a058bcf5746013 yes 100