TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 12, 12:34 AM EST
Polymarket
This market will resolve according to the candidate who wins the nomination for the Republican Party to contest the WI-07 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Republican primary is scheduled to take place on August 11, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Republican sources, including https://www.rnc.org/. Any replacement of the nominee before election day will not change the resolution of the market.
This market will resolve according to the candidate who wins the nomination for the Republican Party to contest the WI-07 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Republican primary is scheduled to take place on August 11, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Republican sources, including https://www.rnc.org/. Any replacement of the nominee before election day will not change the resolution of the market.
Prediction market odds and traditional polling often diverge because they measure different things. Polls capture voter preference at a single moment, while this market reflects traders' best estimates of the actual outcome, incorporating private information, campaign momentum, and late-breaking developments. Markets typically price in more recent shifts than polls, since bettors have financial incentive to stay current. However, both sources can be useful: polls show current voter sentiment, while market odds reveal what informed participants believe will ultimately happen on election day. Comparing the two can highlight where expectations may be shifting.
On Polymarket, this market is priced through an automated market maker that converts trader orders into real-time probability estimates. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each candidate's contract trades independently, and the price of a contract reflects the crowd's collective belief in that outcome. Traders buy contracts they expect to win and sell those they expect to lose, pushing prices toward equilibrium. The current odds for each contender are visible on the dashboard and update instantly as volume flows in or out, making it easy to see which candidates the market favors at any given moment.
This market resolves around Aug 11, 2026, once the Wisconsin 7th District Republican primary election has concluded and results are verified against credible public sources. The outcome is determined by which candidate receives the most votes in the official primary election. At that point, the market will settle based on the verified winner, and traders holding contracts for the winning candidate will receive their payout. Until then, odds will continue to shift as new information emerges and the election approaches.
Several catalysts could shift odds significantly before the primary concludes. Major campaign announcements, endorsements from prominent state or national figures, and debate performances often trigger sharp price moves. Polling releases, especially unexpected shifts in voter preference, typically drive trading volume and repricing. Candidate gaffes, media coverage, or fundraising reports can also influence trader sentiment. As the election date nears, early voting results and turnout indicators may accelerate moves. Finally, unexpected withdrawals or entries by candidates would reset market expectations entirely, making this an active market to monitor through the campaign season.