SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Jan 1, 2027 · 99d

Will the difference between the number of Republican governors and the number of Democratic governors be exactly 0 governors after the 2026 midterms

Leader sits at 69% across 3 bound outcomes, runner-up at 13%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

69%

Democratic Party

0¢runner-up 13¢leader 69¢

Outcomes

3

winner-take-all

Runner-up

13¢

Republican Party

Spread

56pp

dominant leader

24h volume

$484

thin orderbook

Closes

Jan 1, 2027

99 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayDemocratic Party: 70% (22 days, 21 points)Democratic Party: 70% on 2026-09-23Republican Party: 20% (22 days, 17 points)Republican Party: 20% on 2026-09-18Tie: 11% (22 days, 4 points)Tie: 11% on 2026-09-18
Democratic Party70¢Republican Party20¢Tie11¢
Top 3 candidates by current price · 22d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market is pricing in a 54% probability that Democrats will hold a significant governorship advantage after the 2026 midterm elections, with a near-zero chance of an exact tie. Currently, Democrats control 27 governorships and Republicans control 23, giving Democrats a +4 advantage. The market's lean toward Democratic gains reflects expectations about which seats are competitive this cycle. The main drivers are the number of Republican-held seats in purple or lean-Democratic states versus Democratic-held seats in lean-Republican territory. The November 2026 general election will directly resolve this outcome, with results determining the final governorship count and the numerical difference between the parties.

  • ›Current seat count: 27 Democratic governors vs. 23 Republican governors (+4 Democratic advantage)
  • ›Competitive races identified in purple states like Arizona, Nevada, and Pennsylvania where seat control could shift
  • ›Structural factors including the party distribution of governorships expiring in 2026 and each state's electoral lean
  • ›Historical midterm patterns showing whether the party holding the presidency gains or loses gubernatorial seats
  • ›Early polling and fundraising data for individual governorship races in the most competitive states

What moved the line

  • Sep 23Democratic Party↑6pp64→70¢ · Kalshi
  • Sep 18Republican Party↓4pp24→20¢ · Kalshi
  • Sep 18Democratic Party↑3pp59→62¢ · Kalshi

Recently closed in election 2026

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.