CO-08 House 2026
Short Answer
1. Market Behavior & Drivers
- Gabe Evans reported significant fundraising, holding $2.6M cash on hand by late 2025.
- The Democratic Congressional Campaign Committee listed CO-08 as an "in play" seat.
- President Trump's approval rating is reportedly deteriorating among independents in 2026.
- CO-08 is a highly competitive district with a history of close elections.
- The Democratic primary outcome significantly influences the general election against the incumbent.
- Gabe Evans' policy platform emphasizes border security and immigration reform.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Democratic party | 67.0% | 61.3% | The DCCC has listed CO-08 as an 'in play' seat, highlighting strategic focus and resource allocation. |
| Republican party | 32.0% | 38.7% | Incumbent Gabe Evans reported $2.6M cash on hand by late 2025, providing strong re-election campaign resources. |
Current Context
2. Price Chart
Historical Price (Probability)
3. Market Data
Contract Snapshot
The market resolves to "Yes" if the House member sworn in for CO-8 for the term beginning in 2027 is a member of the Democratic party; otherwise, it resolves to "No" as the event is mutually exclusive. The outcome is verified from the Library of Congress. The market opened on July 1, 2025, and closes following the swearing-in of the Representative for the seat, or by November 3, 2027, at 11:00 am EDT, with projected payout 1 minute after closing.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Democratic party | $0.71 | $0.33 | 67% |
| Republican party | $0.34 | $0.71 | 32% |
Market Discussion
Republican Gabe Evans secured victory in CO-08 on November 10, 2024, flipping the district from Democratic control in a narrow race that underscored its competitive, "toss-up" nature [1][2][3]. For the November 2026 election, prediction markets currently assign a 76% probability to a Democratic candidate winning the seat, with incumbent Evans at 24% [3]. Manny Rutinel currently leads in prediction markets for the 2026 Democratic primary nomination [4].
4. Trust Index
Includes the cost to trade: a $10,000 order loses about 12% of the price to slippage.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
5. What key district-level factors are driving the 'Toss-up' ratings for CO-08 from outlets like Cook Political Report and Sabato's Crystal Ball for the 2026 cycle?
| Cook Partisan Voting Index | EVEN [1][2][3][4] |
|---|---|
| Unaffiliated Voters (late 2021) | 44% [5][6][7] |
| 2026 Prediction Market (Democrat Win) | 76% probability [8] |
6. How might the outcome of the June 30, 2026, Democratic primary between Shannon Bird and Manny Rutinel impact the general election matchup against incumbent Gabe Evans?
| Democratic Primary Date | June 30, 2026 [1][2][3][4][5] |
|---|---|
| General Election Date | Nov. 3, 2026 [1][2][3][4][5] |
| Cash on Hand (Bird vs Rutinel) | ~$560k vs ~$1.01M (as of Sept. 30) [6][1][7][8] |
Sources (9)
- 1Colorado's 8th Congressional District election, 2026 (June 30 Democratic primary) - Ballotpediaballotpedia.org
- 2Colorado's 8th Congressional District election, 2026 - Ballotpediaballotpedia.org
- 3These three Dems hope to take back Colorado’s swingiest districtcpr.org
- 4CO-08 House winner? Odds & Predictions 2026 - Kalshikalshi.com
- 5Will Democrats Win the CO-08 House Race in 2026?lines.com
- 6Why Did Shannon Bird Resign? – High Country Advocatehighcountryadvocate.org
- 7Three Democrats vie for the chance to take on U.S. Rep. Gabe Evansdenverpost.com
- 8Rutinel, Bird fundraising outpaces rest of the field | Government Politics | northglenn-thorntonsentinel.comnorthglenn-thorntonsentinel.com
- 9Evans Will Fight for his Political Life Next Election, With Expected Referendum on Trump, Say Experts | Colorado Polscoloradopols.com
7. How do the policy platforms of Republican Gabe Evans and the leading Democratic primary candidates compare on key CO-08 issues like water rights, agriculture, and immigration?
| Gabe Evans' Immigration Priority | Securing the border and fixing the immigration system to allow timely citizenship [1] |
|---|---|
| Shannon Bird's Immigration Focus | Reforming the broken immigration system, including pathways for Dreamers and ICE accountability [2][3] |
| Gabe Evans' Water/Agriculture Stance | Supports farmers and ranchers, manages water through the CREP Improvement Act [4] |
Sources (7)
- 1New to Congress, Colorado’s Gabe Evans wants to secure border, improve cost of living | KiowaCountyPress.netkiowacountypress.net
- 2Priorities | Shannon Bird for Congressshannonbird.com
- 3Shannon Bird Releases Plan to Hold ICE Accountable and Keep Our Communities Safe | Shannon Bird for Congressshannonbird.com
- 4Agriculture and Production | Representative Gabe Evansgabeevans.house.gov
- 5U.S. Rep. Gabe Evans, other Republicans question ICE targeting 'non-criminal' immigrant workerscoloradopolitics.com
- 6Manny for Colorado | Manny Rutinel for Congressrutinelforcongress.com
- 7Meet Manny | Support Community Progress—Join Us — Manny for Coloradomannyforcolorado.com
8. What do the 2025-2026 quarterly FEC filings reveal about the fundraising momentum and financial strength of the Gabe Evans campaign versus the Democratic challengers?
| Gabe Evans Q4 2025 Cash on Hand | $2.6M (end of Q4 2025 filing period [1]) |
|---|---|
| Manny Rutinel Cash on Hand | $1,765,231.84 (01/27/2025–03/31/2026 [2]) |
| Democratic Party Win Probability | 81% (Polymarket [3]) |
Sources (7)
- 1Fundraising Update: Representative Gabe Evans just disclosed $487.0K of new fundraising | Quiver Quantitativequiverquant.com
- 2RUTINEL, MANNY - Candidate overview | FECfec.gov
- 3CO-08 House Election Winner Predictions & Odds 2026 | Polymarketbase.polymarket.com
- 4Fundraising Update: Representative Gabe Evans just disclosed $401.3K of new fundraising | Quiver Quantitativequiverquant.com
- 5CARAVEO, YADIRA - Candidate overview | FECfec.gov
- 6MUNSING, EVAN - Candidate overview | FECfec.gov
- 7Will Democrats Win the CO-08 House Race in 2026?lines.com
9. Which national political trends, such as presidential approval ratings or economic sentiment, are most likely to influence independent voter behavior in the CO-08 race in November 2026?
| Trump approval among independents (May 2026) | 25% approval, 63% disapproval (net -38) [1] |
|---|---|
| Colorado voters expect economy to worsen | 55% over next 12 months [2] |
| Trump approval among political independents (CNN) | 26% approval, 68% say priorities wrong/insufficient [3] |
Sources (7)
- 1Donald Trump's approval rating nosedives with independents - Newsweeknewsweek.com
- 2Heightened concerns over prices of gas and utilities add to affordability crisis and increased economic pessimism in Colorado - Colorado Polling Institutecopollinginstitute.org
- 3Trump’s approval rating with independents hits a new low ahead of the State of the Union | CNN Politicscnn.com
- 4Colorado’s unaffiliated voters say they’re intentionally not joining a political party. Here’s why. - The Colorado Suncoloradosun.com
- 5Independent Voters 2026: Who They Are, D+9 Lead with Independents & Midterm Impact | USPollingData | USPollingData.comuspollingdata.com
- 6Colorado's 8th Congressional District election, 2026 - Ballotpediaballotpedia.org
- 7CO-08 2026 | Cook Political Reportcookpolitical.com
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: November 03, 2027
- Closes: November 03, 2027
Sources (6)
- 1CO-08 House Election Winner Predictions & Odds 2026 | Polymarketpolymarket.com
- 2CO-08 2026 | Cook Political Reportcookpolitical.com
- 3Colorado's 8th Congressional District election, 2026 - Ballotpediaballotpedia.org
- 4Colorado's 8th Congressional District election, 2026 (June 30 Democratic primary) - Ballotpediaballotpedia.org
- 5NEW POLL: Gabe Evans is Under Water in CO-08 - DCCCdccc.org
- 6Republican Gabe Evans targeted by national House Democrats in Colorado's battleground 8th CD - Colorado Politicscoloradopolitics.com