Predictions/2026 Elections

2026 Elections Prediction Market Odds

Mixed·8 markets·07:50 AM UTC

Trump's 2026 Diplomatic and Pardon Prospects Shake Global Prediction Markets

Key Moves

Trump Pardon: Matt Gaetz+20c to 70c

Expectations for a high-profile pardon have spiked amidst executive uncertainty.

2026 Trump-Putin Meeting+12c to 72c

Increased certainty regarding high-level engagement with Russia as a potential diplomatic strategy.

2026 Trump-Lukashenko Meeting+12c to 63c

Renewed speculation on engagement with regional Eastern European leaders.

Key Markets

ContractPrice24h
P
Democratic Presidential Nominee 2028: Jon OssoffOssoff surging +3¢ suggests Georgia Senator gaining early 2028 buzz as a fresh-face alternative.
+3¢
P
Democratic Presidential Nominee 2028: Stephen A. SmithSports commentator at 3¢ with $535K volume shows the meme-candidate phenomenon is alive.
+2¢
P
Which party will win the Senate in 2026?: Democratic PartySenate control is essentially a coin flip—the tightest major political market on the board.
53¢+1¢
P
Texas Republican Senate Primary Winner: Ken PaxtonPaxton's primary lead over Cornyn is a proxy for MAGA vs establishment power within the GOP.
64¢+1¢
P
Which party will win the House in 2026?: Democratic PartyDemocrats at 88¢ to flip the House signals traders pricing in a strong anti-Trump midterm wave.
88¢+1¢

Analysis

Betting markets are recalibrating expectations for the Trump administration's 2026 foreign policy and legal actions. Significant volatility in presidential pardon and meeting-probability contracts suggests traders are closely tracking potential shifts in geopolitical alignment and executive privilege.

What to watch: Watch for follow-up news on official White House diplomatic calendars or legal filings that could solidify these speculative meeting and pardon odds.

Dispatches

Democrats Priced for Historic Midterm Wave

Democrats are 88¢ to flip the House and 53¢ to take the Senate. A full Democratic sweep is at 52¢—the dominant scenario. Combined with Trump approval at 51¢ to hit 35%, traders are pricing in significant anti-incumbency sentiment.

Apr 5full analysis

Democrats 88% to Retake House: Blue Wave Building

Republicans have fallen to just 12% for House control in 2026, while the Senate remains a coin flip at 52D/49R. Trump's approval rating has a 50% chance of hitting 35% (up 9 points today). Combined with tariff-driven economic anxiety, prediction markets are pricing the most anti-incumbent midterm environment since 2018.

Apr 5full analysis

Starmer Crisis Deepens: 62% Chance He's Gone by September

Kalshi's Starmer departure market shows 62% by September, while Polymarket prices 56% by year-end. The UK political crisis is accelerating — a sitting PM with these departure odds is extraordinary. Combined with UK election called market at only 3%, markets expect a party leadership change rather than snap election.

Apr 3full analysis

2026 Midterms: Democrats Favored to Sweep House, Senate Razor Thin

Democrats at 86% to win the House and 52% for the Senate. The 'Democrats Sweep' parlay sits at 51%. Texas Senate is competitive at 44D/56R. Meanwhile, Texas governor race just saw a +9¢ Democratic swing. The anti-Trump wave thesis is strengthening.

Apr 2full analysis

2026 Midterms: Democrats Building a Wave — 86% for House, 51% for Democrat Sweep

Democrats are overwhelming favorites to take the House at 86% and a Democrat Sweep of both chambers is the single most likely midterm outcome at 51%. The Texas governor race saw a surprising 9¢ Democratic surge. With Trump's approval rating markets showing 36% chance of hitting 35%, the political environment is deteriorating rapidly for Republicans.

Apr 1full analysis

Democrats Heavily Favored to Take House — Midterm Positioning Begins

House control at 86¢ Democratic vs 14¢ Republican represents strong conviction, while Senate remains a true toss-up at 52/49. Democrats sweep at 51¢ vs split-R-Senate-D-House at 36¢ creates actionable spread trades. Texas Senate at 44¢ Democratic is the key battleground.

Apr 1full analysis

2026 Midterms: Democrats Poised for House Sweep, Senate a Coin Flip

Democrats are priced at 85¢ to win the House and 51¢ for the Senate. The 'Democrats Sweep' outcome leads at 51¢ in the Balance of Power market. Notably, Texas is seeing unexpected movement with the Senate race at 44¢ Democrat and the Governor race shifting +9¢ toward Democrats. Trump's approval could fall below 35% (36¢ probability).

Mar 31full analysis

2026 Midterms: Democrats 85% to Flip House, Texas Emerging as Battleground

Democrats are heavy favorites at 85% to win the House while the Senate is a genuine toss-up at 51-49. Texas is surprisingly competitive: the Senate race is 44D/56R, the governor race saw a 9-point Democratic surge, and Ken Paxton leads the GOP Senate primary at 64% over Cornyn at 34%. The Texas primary dynamics could reshape national politics.

Mar 31full analysis

2026 Midterms Shaping Up: Democrats at 85% for House, Texas Governor Race Heats Up

Democrats are heavy favorites at 85% to take the House in 2026, while the Senate is a genuine toss-up (52% Dem, 49% GOP). The Texas governor race saw a notable shift with Democrats surging 9¢ to 21%. The Texas Senate race is nearly tied at 56-44 Republican, with Ken Paxton leading the GOP primary at 65%. These races could define the remainder of Trump's term.

Mar 30full analysis

2026 Midterms: Democrats 85¢ for House, Texas Turning Purple

The 2026 midterm landscape is crystallizing: Democrats are heavy favorites to retake the House at 85¢, but the Senate remains a genuine toss-up at 52-49. The most striking movement is Texas — Democrat for Governor jumped 9¢ to 17¢, and the Texas Senate race is 44¢ D / 55¢ R. Anti-tariff sentiment could reshape traditionally safe Republican territory. Ken Paxton leads the TX GOP Senate primary at 65¢.

Mar 30full analysis

Also Tracking

Track 2026 elections in real timenpm i -g @spfunctions/cli && sf query "election-2026"
2026 Midterm Election Prediction Market Odds — Live Data | SimpleFunctions