Minnesota’s 4th District House Race: Who Will Win
Minnesota’s 4th Congressional District, anchored by St. Paul and its surrounding suburbs, is up for grabs in the 2026 midterm elections. The seat has long been considered a stronghold for the Democratic-Farmer-Labor Party (Minnesota’s Democratic affiliate), but every election cycle brings renewed attention to the race as candidates from both major parties, along with potential third-party or independent contenders, vie for the position.
Why It Matters
Control of the U.S. House of Representatives often hinges on the outcomes of individual district races across the country. While MN-04 has historically leaned Democratic, prediction markets provide a real-time gauge of how traders assess the competitiveness of the race as campaign dynamics, candidate announcements, and broader national political trends unfold. The race is also being watched as an indicator of suburban and urban voter sentiment in the Twin Cities metro area heading into the midterms.
How Prediction Markets Frame the Race
Both Kalshi and Polymarket have launched markets allowing traders to speculate on the eventual winner of the MN-04 House seat. These markets typically break down into contracts tied to party outcomes—Democratic or Republican control of the seat—as well as contracts tied to specific named candidates as they emerge and gain traction in the race. Additional contracts account for the possibility of another party or an unnamed candidate winning, capturing the full range of potential outcomes as the field develops.
As the 2026 election cycle progresses, these markets will likely see increased trading activity around primary results, candidate fundraising reports, and any shifts in the national political landscape that could affect down-ballot races like this one.
Related terms
Total Volume
$60.9k
Kalshi $22.3k · Polymarket $38.6k
Leading Market
Betty McCollum
Kalshi 97% · Polymarket 99%
Betty McCollum Volume
$33.5k
Kalshi $18k · Polymarket $15.5k
Betty McCollum 24h Change
-4.00%
Kalshi 0.00% · Polymarket -4.00%
Calculate Your Potential Return
- Kalshi(opens in a new tab) 7.0% fee
- Polymarket(opens in a new tab) 5.0% fee
| Market | Kalshi Yes | Kalshi Fee | Kalshi Payout | Polymarket Yes | Polymarket Fee | Polymarket Payout |
|---|---|---|---|---|---|---|
| Betty McCollumDemocratic Party | 97.9¢ | 7.0% | , trade Betty McCollum on Kalshi (opens in a new tab) | 99.0¢ | 5% | , trade Betty McCollum on Polymarket (opens in a new tab) |
| PauliströmRepublican Party | 3.6¢ | 7.0% | , trade Pauliström on Kalshi (opens in a new tab) | 3.0¢ | 5% | , trade Pauliström on Polymarket (opens in a new tab) |
* Estimates if candidate wins. Actual returns may vary.
All Markets
| Market | Total Volume | Kalshi(opens in a new tab) | Polymarket(opens in a new tab) |
|---|---|---|---|
| Betty McCollumDemocratic Party | $33,483.43 | ||
| PauliströmRepublican Party | $27,399.12 |