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Who will be elected Speaker of the House for the 118th Congress?

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Who will be elected Speaker of the House for the 118th Congress?

$88,403 Vol.

Jan 4, 2023
Polymarket

$88,403 Vol.

Polymarket
Market icon

Kevin McCarthy

$85,139 Vol.

Yes

Market icon

Steve Scalise

$413 Vol.

No

Market icon

Nancy Pelosi

$2,851 Vol.

No

The midterm US elections scheduled for November 8, 2022, are expected to be contentious, with a strong possibility of the Republicans taking the House and Senate. If the Republicans take the US House of Representatives, the present Speaker of the House, Democrat Nancy Pelosi, may be replaced by the Republican who wins a roll call election held by House members.

The 2022 midterm federal election is scheduled for November 8, 2022. The 118th Congress is scheduled to be sworn in on January 3, 2023.

This market will resolve to "Yes" if the Member of the US House of Representatives from California Kevin McCarthy becomes the first-elected Speaker of the House in the 118th United States Congress. Otherwise, this market will resolve to "No".

Any individual elected to be, appointed to be, or serving as Speaker pro tempore in the 118th congress will have no bearing on the resolution of this market. Only the first-elected Speaker of the House will count toward the resolution of this market.

If the election for the first Speaker for the 118th Congress is not finalized by March 3, 2023, 11:59:59 PM ET, this market will resolve to 50-50.

The primary resolution source for this market will be official information from the government of the United States of America (ex: https://www.speaker.gov/, https://www.house.gov/), however credible reporting may be used.
Volume
$88,403
End Date
Jan 3, 2023
Market Opened
Sep 11, 2022, 8:00 PM ET
The midterm US elections scheduled for November 8, 2022, are expected to be contentious, with a strong possibility of the Republicans taking the House and Senate. If the Republicans take the US House of Representatives, the present Speaker of the House, Democrat Nancy Pelosi, may be replaced by the Republican who wins a roll call election held by House members. The 2022 midterm federal election is scheduled for November 8, 2022. The 118th Congress is scheduled to be sworn in on January 3, 2023. This market will resolve to "Yes" if the Member of the US House of Representatives from California Kevin McCarthy becomes the first-elected Speaker of the House in the 118th United States Congress. Otherwise, this market will resolve to "No". Any individual elected to be, appointed to be, or serving as Speaker pro tempore in the 118th congress will have no bearing on the resolution of this market. Only the first-elected Speaker of the House will count toward the resolution of this market. If the election for the first Speaker for the 118th Congress is not finalized by March 3, 2023, 11:59:59 PM ET, this market will resolve to 50-50. The primary resolution source for this market will be official information from the government of the United States of America (ex: https://www.speaker.gov/, https://www.house.gov/), however credible reporting may be used.

Outcome proposed: Yes

No dispute

Final outcome: Yes

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Frequently Asked Questions

"Who will be elected Speaker of the House for the 118th Congress?" is a prediction market on Polymarket with 3 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Kevin McCarthy" at 100%, followed by "Steve Scalise" 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, "Who will be elected Speaker of the House for the 118th Congress?" has generated $88.4K in total trading volume since the market launched on Sep 12, 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 "Who will be elected Speaker of the House for the 118th Congress?," browse the 3 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 "Who will be elected Speaker of the House for the 118th Congress?" is "Kevin McCarthy" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "Steve Scalise" 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 "Who will be elected Speaker of the House for the 118th Congress?" 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.