2026 U.S. Midterms · Nov 3, 2026

2026 Midterm Election Tracker

Odds and model probabilities as of

Live prediction-market odds for every Senate and Governor race and the balance of power in Congress — each race enriched with an Octagon research report, model probability, and the latest midterms news. Sourced from Kalshi and Polymarket.

0 days until Election Day Tuesday, November 3, 2026
187races tracked
34Senate races
36Governor races
Nov 11, 2026research updated

The Battleground Map

Live odds on 34 Senate races and 36 governorships. Republicans lead 28, Democrats 35 — and 7 are still toss-ups. 26 states are voting for both; those are split diagonally.

Democratic Republican Independent Toss-up / uncalled No race in 2026 Senate / Governor
Alaska Senate: Democratic · 70% · Governor: Toss-up · 64% Alabama Senate: Republican · 99% · Governor: Republican · 96% Arkansas Senate: Republican · 95% · Governor: Republican · 98% Arizona Governor: Democratic · 93% California Governor: Democratic · 97% Colorado Senate: Democratic · 99% · Governor: Democratic · 97% Connecticut Governor: Democratic · 97% Washington, DC — no Senate or Governor race in 2026 Delaware Senate: Democratic · 99% Florida Senate: Republican · 90% · Governor: Republican · 75% Georgia Senate: Democratic · 97% · Governor: Toss-up · D 56% Hawaii Governor: Democratic · 99% Iowa Senate: Toss-up · R 54% · Governor: Democratic · 87% Idaho Senate: Republican · 88% · Governor: Republican · 97% Illinois Senate: Democratic · 98% · Governor: Democratic · 97% Indiana — no Senate or Governor race in 2026 Kansas Senate: Toss-up · R 58% · Governor: Republican · 81% Kentucky — no Senate or Governor race in 2026 Louisiana Senate: Republican · 90% Massachusetts Senate: Democratic · 98% · Governor: Democratic · 97% Maryland Governor: Democratic · 97% Maine Senate: Toss-up · D 61% · Governor: Democratic · 94% Michigan Senate: Democratic · 73% · Governor: Democratic · 95% Minnesota Senate: Democratic · 85% · Governor: Democratic · 96% Missouri — no Senate or Governor race in 2026 Mississippi Senate: Republican · 89% Montana Senate: Republican · 93% North Carolina Senate: Democratic · 97% North Dakota — no Senate or Governor race in 2026 Nebraska Senate: Republican · 77% · Governor: Republican · 84% New Hampshire Senate: Democratic · 89% · Governor: Republican · 94% New Jersey Senate: Democratic · 96% New Mexico Senate: Democratic · 98% · Governor: Democratic · 95% Nevada Governor: Toss-up · D 64% New York Governor: Democratic · 96% Ohio Senate: Toss-up · D 63% · Governor: Democratic · 76% Oklahoma Senate: Republican · 97% · Governor: Republican · 90% Oregon Senate: Democratic · 98% · Governor: Democratic · 78% Pennsylvania Governor: Democratic · 98% Rhode Island Senate: Democratic · 99% · Governor: Democratic · 96% South Carolina Senate: Republican · 76% · Governor: Republican · 93% South Dakota Senate: Republican · 94% · Governor: Republican · 99% Tennessee Senate: Republican · 98% · Governor: Republican · 93% Texas Senate: Democratic · 67% · Governor: Republican · 71% Utah — no Senate or Governor race in 2026 Virginia Senate: Democratic · 98% Vermont Governor: Republican · 80% Washington — no Senate or Governor race in 2026 Wisconsin Governor: Democratic · 79% West Virginia Senate: Republican · 97% Wyoming Senate: Republican · 99% · Governor: Republican · 99%

Balance of Power

Who controls Congress after the midterms.

Bar = market price tick = Octagon model

Senate Races

Every 2026 U.S. Senate race, toss-ups first.

Bar = market price tick = Octagon model

ME

Maine Senate 2026

Jackson vs Collins Octagon: Democratic favored
Toss-up Kalshi
  • Troy Jackson 65% Octagon 61%
  • Susan Collins 36% Octagon 39%
Polymarket Troy Jackson (D) · 69% Vol $1.1M
OH

Ohio Senate 2026

Brown vs Husted Octagon: Democratic favored
Toss-up Kalshi
  • Sherrod Brown 71% Octagon 63%
  • Jon Husted 30% Octagon 37%
IA

Iowa Senate 2026

Hinson vs Turek Octagon: Republican favored
Toss-up Kalshi
  • Ashley Hinson 59% Octagon 54%
  • Josh Turek 42% Octagon 46%
Polymarket Ashley Hinson (R) · 60% Vol $206K
KS

Kansas Senate 2026

Marshall vs Hamilton Octagon: Republican favored
Toss-up Kalshi
  • Roger Marshall 62% Octagon 58%
  • Adam Hamilton 39% Octagon 42%
TX

Texas Senate 2026

Talarico vs Paxton Octagon: Democratic favored
Lean Kalshi
  • James Talarico 68% Octagon 67%
  • Ken Paxton 33% Octagon 33%
Polymarket James Talarico (D) · 50% Vol $668K
SC

South Carolina Senate 2026

Graham vs Andrews Octagon: Republican favored
Lean Kalshi
  • Darline Graham 82% Octagon 76%
  • Annie Andrews 19% Octagon 24%
MI

Michigan Senate 2026

El-Sayed vs Rogers Octagon: Democratic favored
Lean Kalshi
  • Abdul El-Sayed 74% Octagon 73%
  • Mike Rogers 27% Octagon 27%
Polymarket Abdul El-Sayed (D) · 59% Vol $468K
NE

Nebraska Senate 2026

Ricketts vs Osborn Octagon: Republican favored
Lean Kalshi
  • Pete Ricketts 73% Octagon 77%
  • Dan Osborn 27% Octagon 23%
AK

Alaska Senate 2026

Octagon: Democratic favored
Lean Kalshi
  • Democratic party 74% Octagon 70%
  • Republican party 26% Octagon 30%
Polymarket Mary Peltola · 63% Vol $470K
NC

North Carolina Senate 2026

Cooper vs Whatley Octagon: Democratic favored
Safe Kalshi
  • Roy Cooper 96% Octagon 97%
  • Michael Whatley 4% Octagon 3%
MN

Minnesota Senate 2026

Flanagan vs Tafoya Octagon: Democratic favored
Safe Kalshi
  • Peggy Flanagan 86% Octagon 85%
  • Michele Tafoya 15% Octagon 15%
NH

New Hampshire Senate 2026

Pappas vs Sununu Octagon: Democratic favored
Safe Kalshi
  • Chris Pappas 89% Octagon 89%
  • John E. Sununu 12% Octagon 11%
GA

Georgia Senate 2026

Ossoff vs Collins Octagon: Democratic favored
Safe Kalshi
  • Jon Ossoff 96% Octagon 97%
  • Mike Collins 6% Octagon 3%
FL

Florida Senate 2026

Moody vs Nixon Octagon: Republican favored
Safe Kalshi
  • Ashley Moody 89% Octagon 90%
  • Angie Nixon 12% Octagon 10%
MT

Montana Senate 2026

Alme vs Bodnar Octagon: Republican favored
Safe Kalshi
  • Kurt Alme 92% Octagon 93%
  • Seth Bodnar 8% Octagon 7%
MS

Mississippi Senate 2026

Hyde-Smith vs Colom Octagon: Republican favored
Safe Kalshi
  • Cindy Hyde-Smith 89% Octagon 89%
  • Scott Colom 10% Octagon 11%
ID

Idaho Senate 2026

Risch vs Achilles Octagon: Republican favored
Safe Kalshi
  • Jim Risch 84% Octagon 88%
  • Todd Achilles 11% Octagon 12%
TN

Tennessee Senate 2026

Hagerty vs Bradshaw Octagon: Republican favored
Safe Kalshi
  • Bill Hagerty 96% Octagon 98%
  • Marquita Bradshaw 4% Octagon 2%
SD

South Dakota Senate 2026

Rounds vs Bengs Octagon: Republican favored
Safe Kalshi
  • Mike Rounds 94% Octagon 94%
  • Brian Bengs 6% Octagon 6%
AR

Arkansas Senate 2026

Cotton vs Shoffner Octagon: Republican favored
Safe Kalshi
  • Tom Cotton 94% Octagon 95%
  • Hallie Shoffner 6% Octagon 5%
LA

Louisiana Senate 2026

Letlow vs Davis Octagon: Republican favored
Safe Kalshi
  • Julia Letlow 91% Octagon 90%
  • Jamie Davis 9% Octagon 10%
NJ

New Jersey Senate 2026

Booker vs Murphy Octagon: Democratic favored
Safe Kalshi
  • Cory Booker 97% Octagon 96%
  • Justin Murphy 4% Octagon 4%
NM

New Mexico Senate 2026

Luján vs Marker Octagon: Democratic favored
Safe Kalshi
  • Ben Ray Luján 98% Octagon 98%
  • Larry E. Marker 4% Octagon 2%
MA

Massachusetts Senate 2026

Markey vs Deaton Octagon: Democratic favored
Safe Kalshi
  • Ed Markey 98% Octagon 98%
  • John Deaton 2% Octagon 2%
OK

Oklahoma Senate 2026

Hern vs Thomas Octagon: Republican favored
Safe Kalshi
  • Kevin Hern 98% Octagon 97%
  • N’Kiyla Thomas 3% Octagon 3%
RI

Rhode Island Senate 2026

Reed vs McKay Octagon: Democratic favored
Safe Kalshi
  • Jack Reed 99% Octagon 99%
  • Raymond McKay 2% Octagon 1%
CO

Colorado Senate 2026

Hickenlooper vs Baisley Octagon: Democratic favored
Safe Kalshi
  • John Hickenlooper 99% Octagon 99%
  • Mark Baisley 1% Octagon 1%
VA

Virginia Senate 2026

Warner vs Mizusawa Octagon: Democratic favored
Safe Kalshi
  • Mark Warner 98% Octagon 98%
  • Bert Mizusawa 2% Octagon 2%
WV

West Virginia Senate 2026

Capito vs Anderson Octagon: Republican favored
Safe Kalshi
  • Shelley Moore Capito 98% Octagon 97%
  • Rachel Fetty Anderson 3% Octagon 3%
DE

Delaware Senate 2026

Coons vs Katz Octagon: Democratic favored
Safe Kalshi
  • Chris Coons 100% Octagon 99%
  • Michael Katz 2% Octagon 1%
WY

Wyoming Senate 2026

Hageman vs Byrd Octagon: Republican favored
Safe Kalshi
  • Harriet Hageman 99% Octagon 99%
  • James Byrd 1% Octagon 1%
IL

Illinois Senate 2026

Stratton vs Tracy Octagon: Democratic favored
Safe Kalshi
  • Juliana Stratton 99% Octagon 98%
  • Don Tracy 2% Octagon 2%
OR

Oregon Senate 2026

Merkley vs Smith Octagon: Democratic favored
Safe Kalshi
  • Jeff Merkley 99% Octagon 98%
  • David Brock Smith 2% Octagon 2%
AL

Alabama Senate 2026

Moore vs Wess Octagon: Republican favored
Safe Kalshi
  • Barry Moore 99% Octagon 99%
  • Everett Wess 2% Octagon 1%

Governor Races

Every 2026 gubernatorial race, toss-ups first.

Bar = market price tick = Octagon model

GA

Georgia Governor 2026

Bottoms vs Jackson Octagon: Democratic favored
Toss-up Kalshi
  • Keisha Lance Bottoms 59% Octagon 56%
  • Rick Jackson 42% Octagon 44%
NV

Nevada Governor 2026

Ford vs Lombardo Octagon: Democratic favored
Toss-up Kalshi
  • Aaron Ford 66% Octagon 64%
  • Joe Lombardo 34% Octagon 36%
AK

Alaska Governor 2026

Kreiss-Tomkins vs Wilson Octagon: Toss-up / uncalled favored
Toss-up Polymarket
  • Jonathan Kreiss-Tomkins 60% Octagon 64%
  • Bernadette Wilson 26% Octagon 35%
Kalshi Jonathan Kreiss-Tomkins · 89% Vol $946K
FL

Florida Governor 2026

Donalds vs Jolly Octagon: Republican favored
Lean Kalshi
  • Byron Donalds 79% Octagon 75%
  • David Jolly 23% Octagon 25%
OH

Ohio Governor 2026

Acton vs Ramaswamy Octagon: Democratic favored
Lean Kalshi
  • Amy Acton 80% Octagon 76%
  • Vivek Ramaswamy 21% Octagon 24%
TX

Texas Governor 2026

Abbott vs Hinojosa Octagon: Republican favored
Lean Kalshi
  • Greg Abbott 65% Octagon 71%
  • Gina Hinojosa 36% Octagon 29%
WI

Wisconsin Governor 2026

Crowley vs Tiffany Octagon: Democratic favored
Lean Kalshi
  • David Crowley 80% Octagon 79%
  • Tom Tiffany 20% Octagon 21%
Polymarket David Crowley (D) · 78% Vol $292K
VT

Vermont Governor 2026

Scott vs Janoo Octagon: Republican favored
Lean Kalshi
  • Phil Scott 77% Octagon 80%
  • Amanda Janoo 24% Octagon 20%
OR

Oregon Governor 2026

Kotek vs Drazan Octagon: Democratic favored
Lean Kalshi
  • Tina Kotek 82% Octagon 78%
  • Christine Drazan 19% Octagon 22%
CA

California Governor 2026

Becerra vs Hilton Octagon: Democratic favored
Safe Polymarket
  • Xavier Becerra 96% Octagon 97%
  • Steve Hilton 5% Octagon 3%
Kalshi Xavier Becerra · 97% Vol $24.8M
NY

New York Governor 2026

Hochul vs Blakeman Octagon: Democratic favored
Safe Kalshi
  • Kathy Hochul 95% Octagon 96%
  • Bruce Blakeman 6% Octagon 4%
IA

Iowa Governor 2026

Sand vs Lahn Octagon: Democratic favored
Safe Kalshi
  • Rob Sand 86% Octagon 87%
  • Zach Lahn 14% Octagon 13%
MA

Massachusetts Governor 2026

Healey vs Minogue Octagon: Democratic favored
Safe Kalshi
  • Maura Healey 96% Octagon 97%
  • Mike Minogue 4% Octagon 3%
PA

Pennsylvania Governor 2026

Shapiro vs Garrity Octagon: Democratic favored
Safe Kalshi
  • Josh Shapiro 97% Octagon 98%
  • Stacy Garrity 3% Octagon 2%
AZ

Arizona Governor 2026

Hobbs vs Biggs Octagon: Democratic favored
Safe Kalshi
  • Katie Hobbs 92% Octagon 93%
  • Andy Biggs 9% Octagon 7%
MN

Minnesota Governor 2026

Klobuchar vs Demuth Octagon: Democratic favored
Safe Kalshi
  • Amy Klobuchar 96% Octagon 96%
  • Lisa Demuth 5% Octagon 4%
MI

Michigan Governor 2026

Benson vs James Octagon: Democratic favored
Safe Kalshi
  • Jocelyn Benson 92% Octagon 95%
  • John James 9% Octagon 5%
OK

Oklahoma Governor 2026

Mazzei vs Munson Octagon: Republican favored
Safe Kalshi
  • Mike Mazzei 90% Octagon 90%
  • Cyndi Munson 11% Octagon 10%
CO

Colorado Governor 2026

Weiser vs Marx Octagon: Democratic favored
Safe Kalshi
  • Phil Weiser 97% Octagon 97%
  • Victor Marx 4% Octagon 3%
IL

Illinois Governor 2026

Pritzker vs Bailey Octagon: Democratic favored
Safe Kalshi
  • JB Pritzker 97% Octagon 97%
  • Darren Bailey 4% Octagon 3%
TN

Tennessee Governor 2026

Blackburn vs Green Octagon: Republican favored
Safe Kalshi
  • Marsha Blackburn 93% Octagon 93%
  • Jerri Green 6% Octagon 5%
NH

New Hampshire Governor 2026

Ayotte vs Warmington Octagon: Republican favored
Safe Kalshi
  • Kelly Ayotte 95% Octagon 94%
  • Cinde Warmington 6% Octagon 6%
KS

Kansas Governor 2026

Masterson vs Holscher Octagon: Republican favored
Safe Kalshi
  • Ty Masterson 76% Octagon 81%
  • Cindy Holscher 25% Octagon 19%
NM

New Mexico Governor 2026

Haaland vs Hull Octagon: Democratic favored
Safe Kalshi
  • Deb Haaland 94% Octagon 95%
  • Greggory D. Hull 7% Octagon 5%
AL

Alabama Governor 2026

Tuberville vs Jones Octagon: Republican favored
Safe Kalshi
  • Tommy Tuberville 94% Octagon 96%
  • Doug Jones 6% Octagon 4%
ME

Maine Governor 2026

Pingree vs Charles Octagon: Democratic favored
Safe Kalshi
  • Hannah Pingree 95% Octagon 94%
  • Robert Charles 6% Octagon 4%
RI

Rhode Island Governor 2026

Foulkes vs Block Octagon: Democratic favored
Safe Kalshi
  • Helena Foulkes 95% Octagon 96%
  • Ken Block 4% Octagon 4%
MD

Maryland Governor 2026

Moore vs Cox Octagon: Democratic favored
Safe Kalshi
  • Wes Moore 97% Octagon 97%
  • Dan Cox 3% Octagon 3%
NE

Nebraska Governor 2026

Pillen vs Walz Octagon: Republican favored
Safe Kalshi
  • Jim Pillen 89% Octagon 84%
  • Lynne Walz 12% Octagon 16%
CT

Connecticut Governor 2026

Lamont vs Fazio Octagon: Democratic favored
Safe Kalshi
  • Ned Lamont 97% Octagon 97%
  • Ryan Fazio 4% Octagon 3%
SC

South Carolina Governor 2026

Wilson vs Johnson Octagon: Republican favored
Safe Kalshi
  • Alan Wilson 93% Octagon 93%
  • Jermaine Johnson 7% Octagon 7%
HI

Hawaii Governor 2026

Green vs Cordery Octagon: Democratic favored
Safe Kalshi
  • Josh Green 99% Octagon 99%
  • Gary Cordery 3% Octagon 1%
SD

South Dakota Governor 2026

Rhoden vs Ahlers Octagon: Republican favored
Safe Kalshi
  • Larry Rhoden 98% Octagon 99%
  • Dan Ahlers 2% Octagon 1%
WY

Wyoming Governor 2026

Barlow vs Casner Octagon: Republican favored
Safe Kalshi
  • Eric Barlow 98% Octagon 99%
  • Kenneth Casner 1% Octagon 1%
ID

Idaho Governor 2026

Little vs Pickens Octagon: Republican favored
Safe Kalshi
  • Brad Little 98% Octagon 97%
  • Terri Pickens 3% Octagon 3%
AR

Arkansas Governor 2026

Sanders vs Love Octagon: Republican favored
Safe Kalshi
  • Sarah Huckabee Sanders 97% Octagon 98%
  • Fred Love 3% Octagon 2%

Primaries & Nominees

Who wins each party's nomination ahead of November.

Florida Republican Governor nominee? Byron Donalds · 96% Texas Republican Senate nominee? Ken Paxton · 96% South Carolina Republican Senate special primary winner? Darline Graham · 91% Wisconsin Democratic Governor nominee? Francesca Hong · 87% Florida Governor Republican Primary Winner Byron Donalds · 97% Maine Democratic Senate nominee? Graham Platner · 82% South Carolina Republican Governor nominee? Alan Wilson · 88% California Governor primary advancers? (Party) 1 Democrat and 1 Republican · 85% Georgia Republican Governor nominee? Burt Jones · 69% South Dakota Republican Governor nominee? Larry Rhoden · 91% California Governor primary advancers? (Person) Steve Hilton · 68% South Carolina Republican Senate Special Primary Winner Darline Graham Nordone · 45% Ohio Republican Governor nominee? Vivek Ramaswamy · 95% South Carolina Republican Senate special primary runoff: voter turnout Above 325k · 100% Oklahoma Governor Republican Primary Winner Mike Mazzei · 66% Minnesota Democratic Governor nominee? Amy Klobuchar · 79% Michigan Democratic Senate nominee? Abdul El-Sayed · 36% Florida Republican Governor primary: voter turnout Above 1.45M · 100% Wyoming Governor Republican Primary Winner Eric Barlow · 77% Who will advance from the Alaska Governor primary? Tom Begich · 99% Rhode Island Republican Governor nominee? Aaron Guckian · 100% Florida Democratic Senate Primary Winner Alexander Vindman · 82% Georgia Democratic Governor nominee? Keisha Lance Bottoms · 68% Michigan Republican Governor nominee? Perry Johnson · 42%

Midterms News

Octagon's AI newsroom covers the biggest overnight moves in the midterms markets.

RSS

Peltola's Growing Lead in Alaska Vote Count Pushes Victory Margin Odds Higher

A vote count update on Monday, November 9, 2026, that expanded Democrat Mary Peltola's lead in the Alaska Senate race has driven a significant repricing in prediction markets, with traders now assigni...

Nov 10, 2026

Mississippi Ballot Deadline Pushes AP Call Odds Later in Senate Race Market

The razor-thin margin in Mississippi's U.S. Senate race, combined with a key ballot receipt deadline, prompted a sharp repricing in prediction markets on Thursday, November 5, 2026. Odds on the Associ...

Nov 6, 2026

Montana Election Result Drives 'Closer Race' Market to 95% Certainty

Reported results from the November 3, 2026, midterm elections have effectively settled a prediction market contract asking whether the U.S. Senate race in Montana or New Jersey would be closer. In the...

Nov 6, 2026

Keisha Lance Bottoms’ 8.6-Point Win Resolves Georgia Governor Markets

Democrat Keisha Lance Bottoms’ historic victory in the 2026 Georgia gubernatorial election, with a margin of approximately 8.6 percentage points, prompted a decisive repricing in prediction markets as...

Nov 4, 2026

Trump Housing Order Fuels Bets on 'Mortgage' Talk in Final Midterm Push

Expectations that President Donald Trump will emphasize housing affordability in his final campaign push ahead of the 2026 midterm elections drove a significant repricing in a dedicated prediction mar...

Nov 1, 2026

Trump's Midterm Rally Rhetoric Refocuses Market on Grievances Over Policy

A heavy midterm campaign schedule for Donald Trump, marked by rallies prioritizing base motivation over specific policy, prompted a broad repricing in markets on Wednesday (October 14, 2026) concernin...

Oct 15, 2026

Trump Midterm Blitz Broadens Market Bets on October Rhetoric

The start of former President Donald Trump’s October campaign blitz ahead of the 2026 midterm elections has triggered a broad repricing in markets betting on his public statements, with odds rising on...

Oct 3, 2026

MN GOP State Senate Odds Surge After Polls Show Tightening Statewide Races

A pair of new polls showing Republican candidates gaining ground in Minnesota's top statewide races preceded a dramatic repricing in the market for control of the State Senate. In the session on Thurs...

Sep 18, 2026

Johnson's RNC Speech Cements GOP Midterm Themes, Spikes Mention Odds

A keynote speech by House Speaker Mike Johnson at the Republican National Committee’s Midterm Convention on Thursday, September 10, 2026, caused a sharp repricing in markets speculating on his talking...

Sep 11, 2026

Leavitt Speech Resolves Mention Bets; 'Midterm' Contract Falls as Phrasing Misses Mark

The content of former White House Press Secretary Karoline Leavitt’s speech at the Republican Midterm Convention on Thursday, September 10, provided definitive clarity for traders, causing a dramatic ...

Sep 11, 2026

Trump's RNC Speech Lifts Mention Odds for Foes and Allies to Near-Certainty

Donald Trump's keynote address at the Republican National Committee's first-ever midterm convention on Wednesday, September 9, triggered a sharp repricing in a market speculating on whom he would ment...

Sep 10, 2026

Guckian Primary Win Pushes Nomination Odds to 99% in RI Governor Market

Aaron Guckian’s victory in the Rhode Island Republican gubernatorial primary on Wednesday, September 9, 2026, prompted a near-total repricing in a key prediction market, with contracts for his nominat...

Sep 10, 2026

See the edge on every race

Octagon pairs live Kalshi and Polymarket prices with an independent model probability on every 2026 race — so you can spot where the market is mispriced before it moves.

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Frequently Asked Questions

When are the 2026 U.S. midterm elections?

The 2026 U.S. midterm elections are held on Tuesday, November 3, 2026. All 435 seats in the House of Representatives, 33–35 Senate seats, and 36 governorships are on the ballot.

Which party is favored to win the House in 2026?

Prediction markets and Octagon's model currently favor the Democratic party to win the U.S. House, with an implied probability near 85%. Odds update as markets move.

How does Octagon calculate midterm election odds?

Each race links to an Octagon research report that pairs live prediction-market prices from Kalshi and Polymarket with an AI-generated model probability, an executive summary, and the key factors that could move the race.

What is the difference between the market and model probability?

The market probability is the price traders are paying on Kalshi or Polymarket. The Octagon model probability is our independent estimate of the outcome, so a gap between the two flags a potential mispricing.

What are the toss-up Senate races in 2026?

The most competitive 2026 Senate races on this tracker — where the favored candidate is under 65% — currently include Maine, Ohio, Iowa, Kansas. Toss-up races are listed first in the Senate and Governor sections.

Who is favored to win the Senate in 2026?

This tracker shows live control-of-the-Senate odds in the Balance of Power section, combining Kalshi and Polymarket prices with Octagon's model probability. The favored party updates as the markets move.

How many days until the 2026 election?

There are 0 days until Election Day on Tuesday, November 3, 2026.

Methodology

Odds are sourced live from Kalshi and Polymarket prediction markets and paired with Octagon's independent model probability. Each race links to a full Octagon research report. Prediction markets reflect trader expectations, not certainties — nothing here is financial or political advice. Data refreshes on every site rebuild.

Cite this page: Octagon, "2026 Midterm Election Tracker," https://www.octagonai.co/midterms-tracker/ — machine-readable data at /midterms-tracker.md.