Sharpbook
Kalshi· Elections· open· settles 2027-02-01

Will the Republican Party win 203-207 seats in the 120th Congress? — 203-207

Open on Kalshi ↗Yes last at 13¢

Pays out only if

  • The Republican Party holds between 203 and 207 House seats on February 1, 2027.
    “If the Republican Party has between 203-207 House seats on Feb 1, 2027, then the market resolves to Yes.” · market rules ↗
  • Decided at the event on February 1, 2027
    “If the Republican Party has between 203-207 House seats on Feb 1, 2027, then the market resolves to Yes.” · market rules ↗
  • Counts as done when: composition documented by Congress on February 1, 2027 at 10:00 AM ET
    “The Expiration Value is the value of the Underlying as documented by the Source Agency on the Expiration Date at the Expiration time.” · contract terms ↗
  • Decided by: United States Congress, congress.gov
    “The Source Agency is the United States Congress” · contract terms ↗

Does not count

  • Republicans win exactly 202 or 208 seatsour reading
  • Republicans hold 203-207 seats but composition changes after February 1, 2027our reading
  • Republicans hold 203-207 seats but data is not yet available on congress.gov on February 1our reading

Watch out

  • WATCHSome obvious wins don't count
  • WATCHThe venue keeps a right to review the outcome
    “Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(c) of the Rulebook.” · contract terms ↗

Read on 2026-09-11. Click a line for the sentence it rests on. Facts and gaps only, not a prediction.

The rules, in plain English

If the Republican Party has between 203-207 House seats on Feb 1, 2027, then the market resolves to Yes. Individuals caucusing with the Republicans will be included.

What the rules leave open

  • Whether the count includes vacant seats previously held by Republicans or only filled seats.
    closest the rules come: “The Underlying for this Contract is the composition (identity and partisan membership of) the U.S. House of Representatives and the Senate on February 1 following the beginning of <term>.” · contract terms ↗
  • How seats are counted if there are contested elections or members-elect not yet sworn in.
    closest the rules come: “The Expiration Value is the value of the Underlying as documented by the Source Agency on the Expiration Date at the Expiration time.” · contract terms ↗
Will the Republican Party win 203-207 seats in the 120th Congress? (203-207): the rules explained · Sharpbook