WI-05 House Election Winner: Odds & Probability
Markets price the Republican Party's chance of holding Wisconsin's 5th congressional district at 96.2%, with the election set for Nov 4, 2026.
Will the Republican Party win the WI-05 House seat?
Updated · Volume $59.3K
| Outcome | Probability | 24h |
|---|---|---|
| Will the Republican Party win the WI-05 House seat? | 96.2% | -0.1 |
| Will the Democratic Party win the WI-05 House seat? | 4.0% | -0.1 |
| Will C win the WI-05 House seat? | 0.0% | 0.0 |
| Will another party win the WI-05 House seat? | 0.0% | 0.0 |
| Will E win the WI-05 House seat? | 0.0% | 0.0 |
| Will B win the WI-05 House seat? | 0.0% | 0.0 |
| Will A win the WI-05 House seat? | 0.0% | 0.0 |
| Will D win the WI-05 House seat? | 0.0% | 0.0 |
The Republican Party is near-certain to win; the remaining outcomes are priced as long shots.
Context
The contract currently stands at 96.2%. In the last day it moved -0.1 pts. The probability has held steady, with any fluctuations remaining modest. The market will resolve according to the party of the candidate who wins the WI-05 seat in the 2026 midterm elections. A candidate's party is determined by their ballot-listed affiliation; if none is listed, the market looks to the party with which they most recently expressed an intent to caucus at the time all House elections are conclusively called. Resolution relies on a consensus of credible reporting, with the Federal Election Commission's official results serving as a backstop in case of ambiguity. The election on Nov 4, 2026 is the defining event. Until that date, the price may react to new information—candidate filings, campaign developments, or polling—that shifts the perceived likelihood of a Republican hold. The final resolution will hinge on the calls made by news organizations or, if needed, the FEC.
FAQ
How is the winner's party determined?
The market uses the party listed on the ballot. If a candidate is unaffiliated, it looks to the party with which they most recently expressed an intent to caucus at the time all 2026 House elections are conclusively called.
What happens if the election result is disputed?
The market resolves based on a consensus of credible reporting. If ambiguity remains, it falls back to the official results from the Federal Election Commission.
When will this market resolve?
Resolution occurs after the 2026 midterm elections, once a consensus of credible reporting or the FEC declares a winner for Wisconsin's 5th district.
Does the market consider third-party or independent candidates?
Yes, but only through their affiliation. An independent who caucuses with a major party would be assigned to that party per the market rules. Otherwise, they would fall outside the listed outcomes.
Data: Polymarket · Methodology · Not financial advice