Will the Republican Party win the TX-29 House seat?

Prediction markets currently give a 7% probability that Will the Republican Party win the TX-29 House seat?. This contract trades at 7¢ on Polymarket, closing November 3, 2026. This market displays extreme illiquidity with zero 24-hour volume despite $42k 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 $43,733.578·Closes Nov 3, 2026·195d remaining
0xabf540969d39bd9aa9c026ad3c3d889a3040c73016fa71a7bf23348e075cda31

Analysis

5d ago

This market displays extreme illiquidity with zero 24-hour volume despite $42k open interest, suggesting the 7¢ price may not reflect genuine market consensus but rather stale positioning. The 2416.7% implied yield on the Yes side is extraordinarily high and likely unrealistic, indicating the market is severely mispriced or suffering from minimal trading activity that prevents price discovery. With 201 days to expiration and a neutral regime score, this appears to be a speculative long-shot bet on a Republican upset in what is presumably a Democratic-leaning district, but the lack of recent trading activity makes the current price unreliable for prediction purposes.

Resolution rules

This market will resolve according to the party of the candidate who wins the TX-29 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) 2487.2%
IY (No) 14.1%
Adj IY 1066%
CRI 13
LAS 0.14
▶ Full indicator table (5)
IndicatorValue
IY (Yes)2487.2%
IY (No)14.1%
Adj IY1066%
CRI13
LAS0.14

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/22/2026, 12:43:37 AM
Has orderbookIndicators computed 4/22/2026, 12:38:18 AM

Trade

View on polymarketsf trade 0xabf540969d39bd9aa9c026ad3c3d889a3040c73016fa71a7bf23348e075cda31 yes 100

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