Will the Democratic Party candidate win the 2026 Texas Senate election by 12% or more?

Odds, price jumps explained, and what could move it next

Yes at 34% on 4 Nov 2026, up 31 pts over the previous 7 days. 1 big jump since 4 Nov 2026, listed below.

Data from Polymarket. Numbered dots are the jumps explained below.

Context

This prediction market asks whether the Democratic Party candidate will win the 2026 Texas Senate election by a margin of 12% or more. The market resolves based on the absolute difference in percentage of valid votes received between the first-place and second-place candidates, according to official results.

The 2026 Texas Senate election has concluded with Democrat James Talarico defeating Republican Ken Paxton to flip the seat. Media outlets reported the race call following the election held on November 3, 2026.

Key figures in the race included Democrat James Talarico and Republican Ken Paxton. The victory marks the first statewide Democratic win in Texas in over thirty years.

Sources: KEYE: Talarico wins Texas Senate race, first statewide Democratic victory in over 30 years, WFAA: Texas election results: AP calls Texas Senate race for James Talarico, defeating Ken Paxton, NBC News: Democrats win Senate, flipping seats in deep-red states, CBS News: James Talarico wins Texas 2026 Senate election, flipping seat for Democrats, Texas Standard: Democrat James Talarico wins US Senate seat, ending GOP’s 32-year Texas statewide winning streak, PBS: WATCH: Democrat James Talarico speaks after winning Texas Senate seat, PBS: Trump says Democrats 'did a good job,' blames Republican candidates for midterm losses, BBC: James Talarico becomes first Democrat to win Texas Senate seat since 1988, PBS: WATCH: Republican Ken Paxton speaks after losing Texas Senate race, The New York Times: Democrats Show Strength in Final Days of Race for the Senate, New Polls Find, Facebook: Democrat James Talarico won the Texas US Senate race, defeating President Donald Trump-backed Republican Ken Paxton, according to AP data. The win was monumental for Democrats who had not won a Senate election in Texas in 38 years. Talarico's w, AP News: Democrat James Talarico flips a US Senate seat in Texas and sends a shock through the GOP, FOX 4 News Dallas-Fort Worth: Texas Senate race: How did your county vote?, ABC News - Breaking News, Latest News and Videos: Texas 2026 live midterm results: Democrats projected to win Senate and governor's races, Houston Chronicle: James Talarico beats Ken Paxton to flip a Texas US Senate seat for Democrats

Written by AI from the linked news sources and checked automatically, not by a person.

What could move it next

No upcoming events listed for this market yet.

Price jumps explained

  1. 4 Nov 2026

    Democrat James Talarico Wins Texas Senate Seat

    4% → 70%Likely cause

    The price of the prediction market surged as news outlets reported that Democrat James Talarico flipped a U.S. Senate seat in Texas by defeating Ken Paxton. Several publications confirmed the historic win as part of a strong Democratic performance in the midterm elections.

    Sources: USA Today: Why did Texas turn blue? Democrats send shockwave in GOP stronghold, USA Today: Who is James Talarico? Meet the new Texas Senator, Dallas News: ‘We just took back Texas’: Talarico celebrates historic Senate win over Paxton, Dallas News: Democrat James Talarico flips U.S. Senate seat in Texas, ABC News - Breaking News, Latest News and Videos: Texas 2026 live midterm results: Democrats projected to win Senate and governor's races, Houston Chronicle: James Talarico beats Ken Paxton to flip a Texas US Senate seat for Democrats, Türkiye Today: Democrat James Talarico flips Texas Senate seat for first time since 1988

    After 24 h: too early. After 7 days: too early.

Written by AI from the linked news sources and checked automatically, not by a person.

Other markets in “Texas Senate Election Margin of Victory”

Questions about this market

What are the odds for “Will the Democratic Party candidate win the 2026 Texas Senate election by 12% or more”?

On 4 Nov 2026, Polymarket traders priced Yes at 34%, which means they saw about a 34 in 100 chance. That was up 31 points over the previous 7 days. The live price is shown in the chart at the top of this page.

Why did the odds move recently?

The latest explained move was on 4 Nov 2026, from 4% to 70%: Democrat James Talarico Wins Texas Senate Seat. The price of the prediction market surged as news outlets reported that Democrat James Talarico flipped a U.S. Senate seat in Texas by defeating Ken Paxton. Every big move is listed under “Price jumps explained” (this one is number 1).

How does this market resolve?

This market will resolve according to the margin of victory between the top two candidates in the specified election. For purposes of this market, candidates nominated by the Democratic & Republican Parties will represent the options for "Democrat" and "Republican," respectively. Independent candidates will not represent options for either party. The full Polymarket rules are at the bottom of this page.

When does this market end?

Polymarket lists 4 Nov 2026 as the end date. It can settle earlier or later if the rules say so, for example when an official result comes in.

Can I bet on this market on predictionwave?

No. predictionwave only explains the odds. The market itself runs on Polymarket, and trading there is not allowed in every country.

How this market resolves (Polymarket rules)

The 2026 Texas Senate election is currently expected to be held on November 3, 2026. This market will resolve according to the margin of victory between the top two candidates in the specified election. The "margin of victory" is defined as the absolute difference between the percentages of valid votes received by the first-place and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For purposes of this market, candidates nominated by the Democratic & Republican Parties will represent the options for "Democrat" and "Republican," respectively. Independent candidates will not represent options for either party. The candidates may be named in the contract for the convenience of traders. In the event that any named candidate is replaced as the nominee of their respective party prior to election day, the name in the contract will be updated and the market will resolve based on the replacement nominee of the party. If the reported value falls exactly between two brackets, then this market will resolve to the higher margin bracket. If two or more candidates tie for the most valid votes in this election, and the tie is between two candidates listed, this market will resolve to the lowest margin bracket for the candidate whose ballot-listed last name comes first in alphabetical order. If the tie is between a listed candidate and an unlisted candidate, this market will resolve to the lowest margin bracket for the listed candidate. If the tie is between two or more unlisted candidates, this market will resolve to "Other." If the listed candidate is represented in this market group as "Republican" or "Democrat" their ballot-listed last name will still be used for tiebreaking. This market will resolve based on the official vote count once the count has been made official. If the election results are not known definitively by June 30, 2027, 11:59 PM ET, this market will resolve to "Other". If a recount is initiated before the vote total has been made official, the market will remain open until the recount is completed and the vote is made official. The primary resolution source for this market will be the official results of the 2026 Texas Senate election as published by the state electoral authority responsible for certifying the results of the election; however, an overwhelming consensus of credible reporting may also be used.