Data collected from PredictIt on October 30, 2018, 11:00am EST

According to Real Clear Politics there are 40 Democratic seats that are safe or not in play and 47 Republican seats that are safe or not in play. This leaves 13 states in play. The following are the 13 states ranked by the PredictIt probability that the Democrats win the state.

# D seats state prob
41WI 92
42MN2 84
43WV 81
44NJ 77
45MT 68
46FL 57
47NV 50
48AZ 48
49IN 45
50MO 37
51TN 21pivot for 51 Democratic seats
53TX 20
53ND 15
14 = PredictIt market-based probability of the Democrats controlling the Senate.

If the Democrats win Tennessee and all the states above it, they will have 51 seats, counting the 2 independents as Democrats, and thus control the Senate. According to the ranking assumption, the PredictIt market probablility that they control the Senate is thus 21 percent (the probablity they win Tennessee). This is close to the PredictIt market-based probability of the Democrats controlling the Senate of 14 percent. The market price is thus rougly consistent with the ranking assumption, although a little lower.

Data collected from PredictIt on October 16, 2018, 3:00pm EST

According to Real Clear Politics there are 40 Democratic seats that are safe or not in play and 47 Republican seats that are safe or not in play. This leaves 13 states in play. The following are the 13 states ranked by the PredictIt probability that the Democrats win the state.

# D seats state prob
41WI 89
42MN2 87
43WV 77
44NJ 75
45MT 65
46IN 54
47FL 50
48AZ 47
49NV 40
50MO 37
51ND 19pivot for 51 Democratic seats
52TN 18
53TX 17
17 = PredictIt market-based probability of the Democrats controlling the Senate.

If the Democrats win North Dakota and all the states above it, they will have 51 seats, counting the 2 independents as Democrats, and thus control the Senate. According to the ranking assumption, the PredictIt market probablility that they control the Senate is thus 19 percent (the probablity they win North Dakota). This is essentially the same as the PredictIt market-based probability of the Democrats controlling the Senate of 17 percent. The market price is thus consistent with the ranking assumption.

Data collected from PredictIt on September 13, 2018, 2:30pm EST

According to Real Clear Politics there are 40 Democratic seats that are safe or not in play and 47 Republican seats that are safe or not in play. This leaves 13 states in play. The following are the 13 states ranked by the PredictIt probability that the Democrats win the state.

# D seats state prob
41MN2 85
42WI 85
43NJ 76
44WV 74
45MT 67
46NV 62
47IN 50
48AZ 50
49MO 47
50TN 45
51FL 44pivot for 51 Democratic seats
52TX 39
53ND 38
29 = PredictIt market-based probability of the Democrats controlling the Senate.

If the Democrats win Florida and all the states above it, they will have 51 seats, counting the 2 independents as Democrats, and thus control the Senate. According to the ranking assumption, the PredictIt market probablility that they control the Senate is thus 44 percent (the probablity they win Florida). This is higher than the PredictIt market-based probability of the Democrats controlling the Senate of 29 percent. The market is not quite using the ranking assumption in determining this probability. It probably is reflecting the view that even if the Democrats take Florida they could possbily lose some states above it.