Skip to main content
icon for Closest Senate Race?

Closest Senate Race?

icon for Closest Senate Race?

Closest Senate Race?

Texas 25%

Iowa 22.4%

Maine 15%

Ohio (Special) 13.7%

Polymarket

$28,210 Vol.

Texas 25%

Iowa 22.4%

Maine 15%

Ohio (Special) 13.7%

Polymarket

$28,210 Vol.

Texas

$1,058 Vol.

25%

Iowa

$2,677 Vol.

22%

Maine

$1,285 Vol.

15%

Ohio (Special)

$5,040 Vol.

14%

Alaska

$5,272 Vol.

12%

Michigan

$2,490 Vol.

6%

Nebraska

$275 Vol.

5%

New Mexico

$160 Vol.

3%

Florida (Special)

$253 Vol.

3%

Virginia

$5,073 Vol.

2%

North Carolina

$621 Vol.

2%

New Hampshire

$485 Vol.

2%

Georgia

$752 Vol.

1%

Colorado

$662 Vol.

1%

Minnesota

$1,489 Vol.

1%

Montana

$616 Vol.

<1%

The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the US Senate race which has the smallest margin of victory. For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined. If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically. This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026. The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.Texas, Iowa, Ohio, Alaska, and Maine currently lead trader assessments for the tightest 2026 Senate margins due to a cluster of toss-up and lean contests featuring well-funded challengers against vulnerable incumbents or open seats. In Texas, the Republican primary winner faces a competitive Democratic opponent in a state shifting toward closer partisan balance; Iowa’s open race pits strong nominees in a traditionally Republican stronghold; Ohio pits experienced candidates in a battleground environment; and Alaska and Maine feature high-profile matchups with proven cross-aisle appeal. Recent ratings upgrades for Democrats in several of these states, combined with polling volatility and midterm dynamics, sustain the narrow spreads. Late-cycle polls, candidate debates, turnout shifts in key counties, or unexpected national developments could widen or reorder the field before November.

The 2026 midterm elections are scheduled to be held on November 3, 2026.

This market will resolve according to the US Senate race which has the smallest margin of victory.

For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election.

For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined.

If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically.

This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026.

The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.
Volume
$28,210
End Date
Nov 3, 2026
Market Opened
Jun 26, 2026, 3:52 PM ET
The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the US Senate race which has the smallest margin of victory. For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined. If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically. This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026. The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.
The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the US Senate race which has the smallest margin of victory. For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined. If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically. This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026. The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.Texas, Iowa, Ohio, Alaska, and Maine currently lead trader assessments for the tightest 2026 Senate margins due to a cluster of toss-up and lean contests featuring well-funded challengers against vulnerable incumbents or open seats. In Texas, the Republican primary winner faces a competitive Democratic opponent in a state shifting toward closer partisan balance; Iowa’s open race pits strong nominees in a traditionally Republican stronghold; Ohio pits experienced candidates in a battleground environment; and Alaska and Maine feature high-profile matchups with proven cross-aisle appeal. Recent ratings upgrades for Democrats in several of these states, combined with polling volatility and midterm dynamics, sustain the narrow spreads. Late-cycle polls, candidate debates, turnout shifts in key counties, or unexpected national developments could widen or reorder the field before November.

The 2026 midterm elections are scheduled to be held on November 3, 2026.

This market will resolve according to the US Senate race which has the smallest margin of victory.

For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election.

For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined.

If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically.

This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026.

The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.
Volume
$28,210
End Date
Nov 3, 2026
Market Opened
Jun 26, 2026, 3:52 PM ET
The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the US Senate race which has the smallest margin of victory. For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined. If two state margins of victory are identical, this market will resolve to the tied state whose last name comes first alphabetically. This market will consider the results of all Senate elections, including special elections, that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026. The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.

Beware of external links.

Frequently Asked Questions

"Closest Senate Race?" is a prediction market on Polymarket with 16 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Texas" at 25%, followed by "Iowa" at 22%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 25¢ implies that the market collectively assigns a 25% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Closest Senate Race?" has generated $28.2K in total trading volume since the market launched on Jun 26, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Closest Senate Race?," browse the 16 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Closest Senate Race?" is "Texas" at 25%, meaning the market assigns a 25% chance to that outcome. The next closest outcome is "Iowa" at 22%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Closest Senate Race?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.