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·2026 Elections·Updated 1d ago

Democrats Favored to Retake House in 2026 Midterms

CONTROLH-2026-D trades at 80¢ with strong volume, signaling market confidence in a Democratic House majority. Key Senate races in Texas, Iowa, and Maine are also drawing attention.

Key takeaways

  • 01

    CONTROLH-2026-D trades at 80¢ with strong volume, signaling market confidence in a Democratic House majority.

  • 02

    Key Senate races in Texas, Iowa, and Maine are also drawing attention.

  • 03

    The 2026 midterm election markets are heating up.

Full analysis

The 2026 midterm election markets are heating up. The most liquid contract, CONTROLH-2026-D, shows Democrats at 80¢ to win the House, while Republicans are at 19¢ (CONTROLH-2026-R). Total volume on these two contracts exceeds 67k. In the Senate, Democrats are favored to hold seats in Colorado (KXSENATECOD-26-JHIC at 91¢) and Michigan (KXSENATEMID-26-AELS at 82¢), while Republicans are favored in Texas (SENATETX-26-R at 59¢) and Iowa (SENATEIA-26-R at 58¢). The Florida Senate race is a toss-up (SENATEFLS-26-D at 18¢). The balance of power combo markets show Republicans controlling both chambers is 21¢ (KXBALANCEPOWERCOMBO). Primary markets are active too: Colorado Governor primary shows Phil Weiser leading (KXGOVCONOMD-26-PWEI at 75¢), Florida Governor primary has Byron Donalds at 94¢ (KXGOVFLNOMR-26-BD). These markets offer opportunities to trade on individual races as polling and fundraising data emerges. The House control contract is the most liquid with a 1¢ spread.

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