Will National Party win the third-most seats in the New Zealand House of Representatives in the 2026 New Zealand legislative election?
Probability
32¢
1h
+9.5pp
24h
-11.5pp
24h Vol
$0.00
Liquidity
$374.72
Canonical status
confidence: mediumSource status (Polymarket)
Derived status (Orrery)
Reason
Liquidity is below $1,000 — price discovery is unreliable.
The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.
Resolution & Risk
LOW risk- End date
- Nov 7, 2026
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingLinkTypeNews consensusConfidenceextracted · medium
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
- Wide spread (51.0¢) — liquidity risk on entry/exit.
Probability (last 7 days)
+6.5pp 7dWhy did it move?
Structured · 3 factors- 01Price move
Down 12pp over 24h
Now 32¢; +9.5pp in the last hour.
- 02Active signal
Resolution-risk observation firing
Spread is wide enough that intraday moves overstate any tradeable edge.
- 03Spread cost
Wide spread — 51.0¢
Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.
What to track next
- Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
LOW risk- End date
- Nov 7, 2026
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingLinkTypeNews consensusConfidenceextracted · medium
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
- Wide spread (51.0¢) — liquidity risk on entry/exit.
Timeline
critical · price · trade flowCritical
- 0s agoScheduled resolutionLOW
Market resolves in 4363.7h
- 04:18SignalLOW
Resolution risk
Spread is wide enough that intraday moves overstate any tradeable edge.
Price movement
-11.5pp over the last 24h, now 32¢.
Biggest hourly move: +26.0pp at 00:00 (to 39¢).
Show top 8 of 50 hourly moves
- 03:00 · +24.5pp → 37¢
- 00:00 · +26.0pp → 39¢
- 20:00 · -17.5pp → 23¢
- 12:00 · -19.0pp → 22¢
- 3d ago · +17.0pp → 41¢
- 3d ago · +17.5pp → 41¢
- 3d ago · +17.5pp → 41¢
- 3d ago · +17.5pp → 41¢
Active signals
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
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Market Description
A general election is scheduled to be held in New Zealand on November 7, 2026. This market will resolve according to the political party that wins the third-greatest number of seats in the New Zealand House of Representatives as a result of this election. If the results of this election are not known definitively by October 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The named parties or coalitions will be primarily ranked by the number of seats won in the specified election. If two or more parties are tied on seats, ties will be broken by the total number of valid party list votes received, with higher vote totals ranking higher. If parties remain tied, ties will be broken by alphabetical order of the listed party name. This market will resolve to the party that occupies the third-highest finishing position after applying this ranking. This market’s resolution will be based solely on the number of seats won by the named party in the New Zealand House of Representatives in this election. This market will resolve based on the results of this election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results reported by New Zealand government sources such as the New Zealand Electoral Commission (https://elections.nz/).
Why this category?
confidence: highCategory
Source
Matched term
general electionReason
Election markets are Politics.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Will National Party win the third-most seats in the New Zealand House of Representatives in the 2026 New Zealand legislative election?"?
As of Sat, 09 May 2026 04:18:04 GMT, YES is priced at 32% implied probability on Polymarket. The price changed -11.5pp in the last 24 hours, +9.5pp in the last hour, and +6.5pp in the last 7 days.
When does this market resolve?
This market resolves by Nov 7, 2026 (2026-11-07T00:00:00.000Z). Resolution is determined from the market description on Polymarket.
What source determines the outcome?
Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$0.00 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $92.55. Open liquidity in the YES/NO orderbooks: $374.72. Spread between best bid and best ask: 51.0¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
In-app banners fire as soon as a rule is satisfied. Email, Telegram, and Discord delivery are coming soon — every existing rule will keep working without changes.
Top Holders
4 wallets- 0xa5ef…2966190