SimpleFunctions
Winner-take-all · 6 outcomes6 contractsPolymarketrefreshed 4 min agoCloses Jan 3, 2027 · 239d

Speaker of the House after the midterms

Leader sits at 75% across 6 bound outcomes, runner-up at 12%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

75%

Hakeem Jeffries

runner-up 12¢leader 75¢

Outcomes

6

winner-take-all

Runner-up

12¢

Pete Aguilar

Spread

63pp

dominant leader

24h volume

$0

thin orderbook

Closes

Jan 3, 2027

239 days

Venue

Polymarket

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayHakeem Jeffries: 84% (6 days, 6 points)Hakeem Jeffries: 84% on 2026-05-08Pete Aguilar: 22% (6 days, 6 points)Pete Aguilar: 22% on 2026-05-08Mike Johnson: 22% (6 days, 6 points)Mike Johnson: 22% on 2026-05-08
Hakeem Jeffries84¢Pete Aguilar22¢Mike Johnson22¢
Top 3 candidates by current price · 6d

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

The 87% probability reflects market confidence that a single party will control the Speaker position after November 2026, with the leading outcome heavily favored over alternatives. This implies the market expects a decisive midterm result rather than a closely divided chamber. The current House composition and historical patterns of midterm swings are primary drivers—if Democrats maintain or gain seats, the incumbent Speaker pathway strengthens; if Republicans expand their majority, alternative outcomes become more likely. The midterm elections themselves on November 3, 2026, will directly determine the new House composition and thus resolve which party controls the Speaker office.

  • Current House seat distribution and projected seat changes based on district-level polling and historical midterm trends
  • Whether either party achieves a working majority (218+ seats) or faces divided government dynamics that constrain Speaker selection
  • Turnout patterns and swing district performance in competitive districts, which typically determine midterm outcomes
  • Potential Speaker contests within the winning party if internal factions dispute the nomination
  • Economic conditions and approval ratings between now and November 2026, which historically correlate with midterm vote share

What moved the line

  • May 6Pete Aguilar9pp1120¢ · Polymarket
  • May 8Mike Johnson7pp1522¢ · Polymarket
  • May 6Hakeem Jeffries6pp8781¢ · Polymarket
  • May 3Mike Johnson4pp1115¢ · Polymarket
  • May 8Hakeem Jeffries4pp8084¢ · Polymarket

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.

More like this

Other questions in election 2026.

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: 4 min ago.