Moving
KalshiCloses February 1, 2027

Red wave in 2026?

The market puts it at 7% — a long shot, about one in 14 — on Kalshi, as of Oct 5, 10:30 UTC. It's up 3 points in the last 24 hours.

The odds

as of Oct 5, 10:30 UTC
  • Chance of yes 7% +3
Traded today$975
Traded in all$34K
Yes, 7 days+2.5 pts

Yes, the last 7 days

Kalshi price
25%50%75%Sep 27Oct 57%

Sep 28: 4.5% · Sep 29: 4.5% · Sep 30: 4.5% · Oct 1: 5% · Oct 2: 6.5% · Oct 3: 5.5% · Oct 4: 7% · Oct 5: 7%

How it resolves

Kalshi's rule, word for word
If ALL of the following occur for the 2026 midterms: U.S. House: Republicans win 220 or more seats, U.S. Senate: Republicans hold 55 or more seats, then the market resolves to Yes. This is a combination market requiring ALL specified outcomes to occur for the contract to pay out. If ANY single component resolves to No or becomes impossible, the entire contract immediately resolves to No. Each component is resolved according to its corresponding Kalshi ruleset: U.S. House (SEATSCONGRESS), U.S. Senate (SEATSCONGRESS).

Settlement sources: U.S. Congress

See it on Kalshi ↗

Politics & elections

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