New Mexico Senate 2026

The chance this seat goes Republican in November, across every listed contract, as a 0–100 chance the Republican wins.

LiveHeld by Democrats · projected hold·$89 traded / 24h·12 contracts·6 exchanges·Margin rank 21 of 35
SEAT PMI · 0–100 · CHANCE REPUBLICANS WIN
2.9Safe D · ▲ 0.8 14d
DEMOCRATEVENREPUBLICAN
Republicans win
2.9
enters as 2.9
Democrats win
97.1
enters as 100 − 97.1 = 2.9

Both legs are aggregated. The Democratic leg is converted as 100 − p, so this seat reads on the same scale as every other.

Control of the Senate

Does New Mexico decide the Senate?

No. It is rated Safe D, outside the 7 contested seats.
Control turns on the 7 contested seats. The seat that tips control is Texas at 34.2.
Full Senate picture
Contracts behind this reading · 6 of 12

Sorted by weight

Will Democratics win the Senate race in New Mexico? - Ben Ray Luján97.4Kalshi ↗ · Democratic leg · enters as 2.6weight 88.5%Will the Republicans win the New Mexico Senate race in 2026?2.4Polymarket ↗ · Republican leg · enters as 2.4weight 11.5%New Mexico Senate General Election — Matt Dodson4.0IBKR ↗ · Republican leg · enters as 4.0weight 0.0%New Mexico Senate General Election — Larry Marker5.0IBKR ↗ · Republican leg · enters as 5.0weight 0.0%New Mexico Senate General Election — Ben Ray Lujan97.5IBKR ↗ · Democratic leg · enters as 2.5weight 0.0%New Mexico US Senate Winner - Larry Marker5.0Gemini ↗ · Republican leg · enters as 5.0weight 0.0%
Show all 12 contracts
Weights are 24h liquidity share · reconciled reading 2.9 · rows open on the exchange
Other New Mexico races this cycle

Also on the ballot