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

Prediction markets currently give a 17% probability that Will the Democratic Party win the OH-08 House seat?. This contract trades at 17¢ on Polymarket, closing November 3, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $20k open interest, suggesting the 17¢ price may not reflect genuine market consensus but rather stale positioning.

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17¢
Bid/Ask 16/17¢·Spread 1¢·Vol $0·OI $29,474.495·Closes Nov 3, 2026·195d remaining
0x3b4c535cb25bf843126659849a63844b91bc157a7ff9bc304219fe5702bd3991

Analysis

5d ago

This market shows extreme illiquidity with zero 24-hour volume despite $20k open interest, suggesting the 17¢ price may not reflect genuine market consensus but rather stale positioning. The 888.1% implied yield on the Yes side is extraordinarily high and likely reflects the low price floor rather than realistic Democratic prospects in this Republican-leaning district, indicating potential mispricing or a liquidity trap. With 201 days to expiry and a modest 1¢ spread, this market appears to be a low-conviction, low-activity position that could experience sharp repricing if meaningful volume emerges.

Resolution rules

This market will resolve according to the party of the candidate who wins the OH-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) 914.3%
IY (No) 38.4%
Adj IY 430%
CRI 5
LAS 0.06
▶ Full indicator table (5)
IndicatorValue
IY (Yes)914.3%
IY (No)38.4%
Adj IY430%
CRI5
LAS0.06

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/22/2026, 2:17:10 AM
Has orderbookIndicators computed 4/22/2026, 2:08:18 AM

Trade

View on polymarketsf trade 0x3b4c535cb25bf843126659849a63844b91bc157a7ff9bc304219fe5702bd3991 yes 100

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