politics

Will the Republican Party win the MI-07 House seat?

PlatformPolymarket Expires2026-11-05 Volume$9,876 Open Interest$25,079
YES
43¢
Implied probability: 43.5%
NO
56¢
Implied probability: 56.5%
30-DAY PROBABILITY HISTORY Low 43¢ · High 43¢ · Δ +0.0pp
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YES Price
43¢
NO Price
56¢
Total Volume
$9,876
Open Interest
$25,079
Expiration
2026-11-05
Days Left
42
About this market

What resolves this contract

This market will resolve according to the party of the candidate who wins the MI-07 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The midterm elections will take place on November 3, 2026. ​​A candidate's party will be determined by their ballot-listed or otherwise identifiable affiliation with that party at the time all of the 2026 House elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican parties will be considered a member of one of these

Reading the odds on this market

At 43.5¢ for YES, traders are pricing about a 43.5% chance this happens, roughly 1 in 2.

$10 on YES buys about 23 contracts that pay $22.99 if it happens; $10 on NO at 56.5¢ buys about 17.7 that pay $17.70 if it does not.

$9,876 has traded on it on Polymarket, with $25,079 still riding on the outcome, making it number 68 by volume of the 206 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 43¢ means the market is pricing in a 43.5% 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 ($9,876) reflects every buy and sell across the life of this contract. Open interest ($25,079) 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 Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

This market will resolve according to the party of the candidate who wins the MI-07 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The midterm elections will take place on November 3, 2026. ​​A candidate's party will be determined by their ballot-listed or otherwise identifiable affiliation with that party at the time all of the 2026 House elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican parties will be considered a member of one of these

When does this contract expire?

This contract closes on 2026-11-05, 42 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 43¢?

If the event resolves YES, each YES contract pays $1, a profit of 56¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 43¢ is lost. Current market price implies a 43.5% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,876 in total traded volume and $25,079 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-09-24. Nothing on this page constitutes investment or betting advice.
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