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Balance of Power: 2022 US Midterms

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Balance of Power: 2022 US Midterms

$523,516 Vol.

Nov 8, 2022
Polymarket

$523,516 Vol.

Polymarket
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Republican House and Democratic Senate

$394,138 Vol.

Yes

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Republican House and Republican Senate

$51,414 Vol.

No

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Democratic House and Democratic Senate

$56,908 Vol.

No

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Democratic House and Republican Senate

$21,055 Vol.

No

The 2022 United States elections will be held on Tuesday, November 8, 2022. During this midterm election year, all 435 seats in the House of Representatives and 35 of the 100 seats in the Senate will be contested. This is a market on the shifting balance of power in the two chambers of the U.S. Congress as a result of the 2022 United States general election.

This market will resolve to "Yes" if as a result of the 2022 US general election the U.S. House of Representatives is controlled by The Republican Party and the U.S. Senate is controlled by The Democratic Party. Otherwise, this market will resolve to "No".

Control of a seat in the House of Representatives shall be determined solely by the ballot-listed affiliation of the person elected to that seat in the 2022 general election. Control of a seat in the Senate that is contested in the 2022 general election shall be determined by the ballot-listed party affiliation of the individual elected to that seat. An elected Senator who does not have a ballot-listed affiliation with either the Democratic or Republican parties will be considered to be affiliated with one party or the other if on Election Day that person a) is an incumbent Senator who is a member of that party’s caucus; or b) is not an incumbent Senator but has most recently publicly stated the intention to caucus with that party.

Control of a seat in the Senate not contested in the 2022 general election shall be determined by the caucus affiliation of the incumbent as of 12:00 AM ET on the day of the 2022 US general election. In the event a Senate seat is vacant at 12:00 AM ET on the day of the 2022 US general election, and not subject to election on that date, that seat shall not be considered toward the resolution of this market.

The controlling party of the Senate is defined as the party to which a majority of Senators belong to, or if the Senate is split 50-50 between two parties, the party with which the vice president is affiliated with between those two parties. The controlling party of the House is defined as the party to which a majority of House members belong to.

Elected members of the House of Representatives who are without full voting rights (e.g. "delegates”, “resident commissioners”) do not count toward the 435 members considered for the resolution of this market.

This market will resolve after the results of the 2022 general elections, based on a consensus of credible reporting. If there is ambiguity, final state election authority certifications or other final official determinations of the 2022 election results may be used.
Volume
$523,516
Market Opened
Aug 2, 2022, 8:00 PM ET
The 2022 United States elections will be held on Tuesday, November 8, 2022. During this midterm election year, all 435 seats in the House of Representatives and 35 of the 100 seats in the Senate will be contested. This is a market on the shifting balance of power in the two chambers of the U.S. Congress as a result of the 2022 United States general election. This market will resolve to "Yes" if as a result of the 2022 US general election the U.S. House of Representatives is controlled by The Republican Party and the U.S. Senate is controlled by The Democratic Party. Otherwise, this market will resolve to "No". Control of a seat in the House of Representatives shall be determined solely by the ballot-listed affiliation of the person elected to that seat in the 2022 general election. Control of a seat in the Senate that is contested in the 2022 general election shall be determined by the ballot-listed party affiliation of the individual elected to that seat. An elected Senator who does not have a ballot-listed affiliation with either the Democratic or Republican parties will be considered to be affiliated with one party or the other if on Election Day that person a) is an incumbent Senator who is a member of that party’s caucus; or b) is not an incumbent Senator but has most recently publicly stated the intention to caucus with that party. Control of a seat in the Senate not contested in the 2022 general election shall be determined by the caucus affiliation of the incumbent as of 12:00 AM ET on the day of the 2022 US general election. In the event a Senate seat is vacant at 12:00 AM ET on the day of the 2022 US general election, and not subject to election on that date, that seat shall not be considered toward the resolution of this market. The controlling party of the Senate is defined as the party to which a majority of Senators belong to, or if the Senate is split 50-50 between two parties, the party with which the vice president is affiliated with between those two parties. The controlling party of the House is defined as the party to which a majority of House members belong to. Elected members of the House of Representatives who are without full voting rights (e.g. "delegates”, “resident commissioners”) do not count toward the 435 members considered for the resolution of this market. This market will resolve after the results of the 2022 general elections, based on a consensus of credible reporting. If there is ambiguity, final state election authority certifications or other final official determinations of the 2022 election results may be used.

Outcome proposed: Yes

No dispute

Final outcome: Yes

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Frequently Asked Questions

"Balance of Power: 2022 US Midterms" is a prediction market on Polymarket with 4 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Republican House and Democratic Senate" at 100%, followed by "Republican House and Republican Senate" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% 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, "Balance of Power: 2022 US Midterms" has generated $523.5K in total trading volume since the market launched on Aug 3, 2022. 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 "Balance of Power: 2022 US Midterms," browse the 4 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 "Balance of Power: 2022 US Midterms" is "Republican House and Democratic Senate" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "Republican House and Republican Senate" at 0%. 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 "Balance of Power: 2022 US Midterms" 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.