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International Business Times UK
International Business Times UK
World
Thea Felicity

2026 Midterms: Republicans Lose Ground as Markets Favour Democrats at 80% Win Odds

President Donald Trump Signs Fostering the Future Executive Order on Foster Care at the White House (Credit: www.whitehouse.gov)

Democrats are strongly favoured to win control of the U.S. House of Representatives in the 2026 midterm elections, according to prediction markets, with an 80% chance of victory.

Republicans' odds have fallen to just 22%, signalling potential losses despite advantages. The market data, reflecting over 1.3 million in trades, has prompted a mixed online. Commentators are debating whether the GOP can retain influence in Congress and questioning the role of policy performance versus political strategy.

Some X users criticised the betting charts themselves, arguing they may not reflect voter priorities such as cost of living or governance.

Prediction Markets Show Democratic Advantage

As of the latest trading by Polymarket, the Democratic Party is projected to secure House control following the 3 November 2026 elections. The market shows £605,000 ($737,466) in volume backing Democrats at an 80% win probability, while the Republican Party has £465,000 ($567,234) in volume at 22% odds.

These markets are based on traders' expectations rather than official polls, offering real-time insights into perceived election outcomes. They reflect financial risk and speculation on political results, which some observers argue can be influenced by sentiment as much as factual polling data.

Mixed Reactions Online

X users responded with skepticism on how Democrats can gain control of the House, while the rest mock the notion of Republican success despite structural advantages:

Other responses questioned the reliability of polls and betting markets in predicting real-world results. One commentator explained that voters often prioritise tangible issues over speculative charts. 'Voters tend to vote on costs of living and governance, not betting charts'.

Another user noted the widespread disbelief at the Republicans' remaining odds, 'Still too high', emphasising that the GOP's chances were overestimated by the market.

The GOP Performance This Year

Some social media users focused on GOP failures in legislative action this 2025. One remarked, 'What do they need house control for they haven't passed a god damn thing lol', voicing out frustration with Congress's inaction on several issues.

Meanwhile, others boldly refeernced Trump's previous comments on leadership and messaging.

'But Trump told me everything is great. He's the greatest president alongside Lincoln and George. He dropped prices on everything by 600, 700, 1000 percent!'

Some reactions were more politically charged, framing the market predictions as a wake-up call, with comments like 'Good! May it go down further! They deserve to lose the midterms after accomplishing absolutely nothing!' and 'Who's still voting MAGAT Republican? Blink twice if it's a cult'.

One user, who did not comment on the market data, told audiences that the Congress, the presidency, and courts share power, limiting unilateral action even when one party controls the House.

While the betting market is not a factual source, it provides insight into perceived voter sentiment and political momentum. Notably, public expectations can influence trading behaviour and media narratives. Several other betting market predictions also turned outto be real, especially during the 2024 US Presidential Elections.

Looking Ahead to November 2026

While prediction markets currently favour Democrats, actual election outcomes will depend on voter turnout, campaign strategies, and unforeseen political events.

For now, however, analysts and social media users will continue to look over both the GOP's performance and public reactions as the midterms approach.

Midterms will decide all 435 House seats and some Senate seats. If Democrats win the House, they control legislation, set committees, and can influence or block the president's agenda. This will shape laws and budgets until the next election cycle in two years.

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