Will the Republican Party win 208-212 seats in the 120th Congress?

Prediction markets currently give a 6% probability that Will the Republican Party win 208-212 seats in the 120th Congress?. This contract trades at 6¢ on Kalshi, closing February 1, 2027. This market displays extreme mispricing with a 1,967% implied yield on the Yes side, suggesting the 6¢ price significantly undervalues a 208-212 seat outcome for Republicans—a range representing roughly 48% of the 435-seat House that sits squarely in the middle of plausible post-election distributions.

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6¢
Bid/Ask 6/7¢·Spread 1¢·Vol $5·OI $34,958.2·Closes Feb 1, 2027·286d remaining
KXRHOUSESEATS-27-210
7-day price11 snapshots · 3 regime
7¢6¢ current
Apr 85¢Apr 15

Analysis

4d ago

This market displays extreme mispricing with a 1,967% implied yield on the Yes side, suggesting the 6¢ price significantly undervalues a 208-212 seat outcome for Republicans—a range representing roughly 48% of the 435-seat House that sits squarely in the middle of plausible post-election distributions. The massive yield asymmetry (1,967% Yes vs. 8% No) combined with low 24-hour volume of just $59 and modest open interest of $34,925.60 indicates thin liquidity and potential pricing inefficiency rather than genuine market conviction. With 291 days to expiry and a neutral regime score, this appears to be a neglected contract where the extreme Yes yield may reflect low trading activity rather than fundamental probability assessment.

Resolution rules

If the Republican Party has between 208-212 House seats on Feb 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 2001.6%
IY (No) 8.2%
Adj IY 834%
CRI 16
Overround -0.1%
LAS 0.17
▶ Full indicator table (6)
IndicatorValue
IY (Yes)2001.6%
IY (No)8.2%
Adj IY834%
CRI16
Overround-0.1%
LAS0.17

Regime

Label
neutral
Score
0.409
Spread
1¢
Computed
4/21/2026, 10:41:52 PM
Observability mediumEvent type political
Has orderbookIndicators computed 4/21/2026, 10:38:18 PM

Trade

View on kalshisf trade KXRHOUSESEATS-27-210 yes 100

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