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

Prediction markets currently give a 7% probability that Will the Democratic Party win the OH-02 House seat?. This contract trades at 7¢ on Polymarket, closing November 3, 2026. This market shows extreme asymmetry with a 2416.7% implied yield on the Yes side versus just 13.7% on the No side, reflecting the 7¢ price that prices Democrats at only 7% to win this traditionally Republican district.

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7¢
Bid/Ask 6/7¢·Spread 1¢·Vol $0·OI $44,747.974·Closes Nov 3, 2026·195d remaining
0x37853ccf17890fa7893b159cb91b717bef9b2a322ef87fb851a5849419cf9b3d

Analysis

5d ago

This market shows extreme asymmetry with a 2416.7% implied yield on the Yes side versus just 13.7% on the No side, reflecting the 7¢ price that prices Democrats at only 7% to win this traditionally Republican district. The zero 24-hour volume combined with $35,776 in open interest and a tight 1¢ spread suggests illiquid positioning rather than active trading, making the high yield figures potentially misleading given execution risk. With 201 days to expiry and a neutral regime score, this appears to be a speculative long-shot bet on Democratic performance in OH-02 rather than a market efficiently pricing competitive dynamics.

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) 2484.8%
IY (No) 14.1%
Adj IY 1242%
CRI 13
▶ Full indicator table (4)
IndicatorValue
IY (Yes)2484.8%
IY (No)14.1%
Adj IY1242%
CRI13

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/21/2026, 8:20:05 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on polymarketsf trade 0x37853ccf17890fa7893b159cb91b717bef9b2a322ef87fb851a5849419cf9b3d yes 100

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