Will the Democratic Party win the CO-08 House seat?

Prediction markets currently give a 74% probability that Will the Democratic Party win the CO-08 House seat?. This contract trades at 74¢ on Polymarket, closing November 4, 2026. The Democratic favorite in CO-08 is priced at 71¢ with moderate liquidity ($8.4k open interest) and a wide 8¢ spread, but the No side offers an extreme 444.6% implied yield versus just 74.2% for Yes, suggesting significant mispricing or tail-risk hedging.

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74¢
Bid/Ask 73/74¢·Spread 1¢·Vol $114.5·OI $11,815.899·Closes Nov 4, 2026·196d remaining
0xe52419acfb3e5da37bc53c6341cb23857b429c3b60d61f3136f0c9244d888d8d
7-day price964 snapshots · 3 regime
88¢74¢ current
Apr 845¢Apr 21

Analysis

5d ago

The Democratic favorite in CO-08 is priced at 71¢ with moderate liquidity ($8.4k open interest) and a wide 8¢ spread, but the No side offers an extreme 444.6% implied yield versus just 74.2% for Yes, suggesting significant mispricing or tail-risk hedging. With 201 days to expiry, the market shows elevated realized volatility (289%) and a high vol ratio (3.57), indicating substantial uncertainty despite the Democratic lean, though the low 24-hour volume of just $15 raises concerns about price discovery reliability. The neutral regime and steady 70¢-to-72¢ price movement over seven days suggest the market hasn't yet incorporated major campaign developments or polling shifts.

Resolution rules

This market will resolve according to the party of the candidate who wins the CO-08 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) 65.4%
IY (No) 530.1%
Adj IY 265%
CRI 3
▶ Full indicator table (4)
IndicatorValue
IY (Yes)65.4%
IY (No)530.1%
Adj IY265%
CRI3

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/22/2026, 12:51:17 AM
Indicators computed 4/22/2026, 12:38:18 AM

Trade

View on polymarketsf trade 0xe52419acfb3e5da37bc53c6341cb23857b429c3b60d61f3136f0c9244d888d8d yes 100

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