Will the Republican Party win 203-207 seats in the 120th Congress?

Prediction markets currently give a 14% probability that Will the Republican Party win 203-207 seats in the 120th Congress?. This contract trades at 14¢ on Kalshi, closing February 1, 2027. This market shows extreme asymmetry with a 840.6% implied yield on the Yes side versus 18.8% on the No side, suggesting the 13¢ price significantly undervalues the narrow 203-207 seat range given Republicans currently hold 218 seats and would need to lose only 11-15 seats for resolution.

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14¢
Bid/Ask 12/14¢·Spread 2¢·Vol $1·OI $45,811.89·Closes Feb 1, 2027·286d remaining
KXRHOUSESEATS-27-205
7-day price9 snapshots · 3 regime
15¢12¢ current
Apr 812¢Apr 21

Analysis

4d ago

This market shows extreme asymmetry with a 840.6% implied yield on the Yes side versus 18.8% on the No side, suggesting the 13¢ price significantly undervalues the narrow 203-207 seat range given Republicans currently hold 218 seats and would need to lose only 11-15 seats for resolution. The 7-day decline from 15¢ to 13¢ combined with minimal 24-hour volume of $50 against $45,790 open interest indicates low liquidity and potential stale pricing, making the extreme yield figures potentially unreliable for actual execution at these levels.

Resolution rules

If the Republican Party has between 203-207 House seats on Feb 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 855.0%
IY (No) 19.1%
Adj IY 395%
CRI 7
Overround -0.1%
LAS 0.08
▶ Full indicator table (6)
IndicatorValue
IY (Yes)855.0%
IY (No)19.1%
Adj IY395%
CRI7
Overround-0.1%
LAS0.08

Regime

Label
neutral
Score
0.341
Spread
2¢
Computed
4/21/2026, 10:41:52 PM
Observability lowEvent type political
Has orderbookIndicators computed 4/21/2026, 10:38:18 PM

Trade

View on kalshisf trade KXRHOUSESEATS-27-205 yes 100

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