Next Senate Majority Leader: Chuck Schumer?
What resolves this contract
This market will resolve according to the individual who is announced as the next Senate Majority Leader after the November 3, 2026, U.S. General Election. This market will remain open until January 3, 2027, at which point it will resolve based on the first announcement of the next Senate Majority Leader from whichever party holds the majority in the U.S. Senate. If no Majority is established and a leader is not announced by June 30, 2027, 11:59 PM ET, this market will resolve to “Other”.
Reading the odds on this market
At 54.5¢ for YES, traders are pricing about a 54.5% chance this happens, roughly 1.2 to 1 in favour.
$10 on YES buys about 18 contracts that pay $18.35 if it happens; $10 on NO at 45.5¢ buys about 22.0 that pay $21.98 if it does not.
$2 has traded on it on Limitless, making it number 364 by volume of the 377 markets we track.
Payouts are before platform fees; one contract pays $1 if its side wins.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 54¢ means the market is pricing in a 54.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($2) reflects every buy and sell across the life of this contract. Open interest ($0) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Limitless. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will LeBron James win the 2028 US Presidential Election? | 1¢ | $54,891,766 |
| Will Oprah Winfrey win the 2028 Democratic presidential nomination? | 1¢ | $54,439,768 |
| Will Bernie Sanders win the 2028 Democratic presidential nomination? | 1¢ | $52,913,183 |
Common questions about this market
How is this market resolved?
This market will resolve according to the individual who is announced as the next Senate Majority Leader after the November 3, 2026, U.S. General Election. This market will remain open until January 3, 2027, at which point it will resolve based on the first announcement of the next Senate Majority Leader from whichever party holds the majority in the U.S. Senate. If no Majority is established and a leader is not announced by June 30, 2027, 11:59 PM ET, this market will resolve to “Other”.
When does this contract expire?
This contract closes on 2027-01-03, 78 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 54¢?
If the event resolves YES, each YES contract pays $1, a profit of 45¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 54¢ is lost. Current market price implies a 54.5% probability of YES.
Where is this market listed?
This contract is listed on Limitless. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $2 in total traded volume and $0 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.