Will the Labour Party win 50-54 seats in the New Zealand House of Representatives in the 2026 New Zealand legislative election?
Probability
16¢
1h
+0.0pp
24h
+0.1pp
24h Vol
$0.00
Liquidity
$644.29
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 (25.1¢) — liquidity risk on entry/exit.
Probability (last 7 days)
-6.9pp 7dWhy did it move?
Structured · 2 factors- 01Active signal
Resolution-risk observation firing
Spread is wide enough that intraday moves overstate any tradeable edge.
- 02Spread cost
Wide spread — 25.1¢
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 (25.1¢) — liquidity risk on entry/exit.
Timeline
critical · price · trade flowCritical
- Nov 7, 00:00 UTCScheduled resolutionLOW
Market resolves in 4158.8h
- 17:10SignalLOW
Resolution risk
Spread is wide enough that intraday moves overstate any tradeable edge.
Price movement
+0.1pp over the last 24h, now 16¢.
Biggest hourly move: +36.7pp at May 13, 17:00 UTC (to 40¢).
Show top 8 of 51 hourly moves
- 09:00 · -22.4pp → 16¢
- May 16, 07:00 UTC · -25.6pp → 16¢
- May 16, 06:00 UTC · -24.6pp → 16¢
- May 16, 02:00 UTC · -23.2pp → 16¢
- May 14, 15:00 UTC · -23.4pp → 15¢
- May 14, 12:00 UTC · -22.8pp → 15¢
- May 14, 10:00 UTC · -23.1pp → 16¢
- May 13, 17:00 UTC · +36.7pp → 40¢
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 number of seats won by the Labour Party in the New Zealand House of Representatives as a result of this election. If the results of this election are not definitively known by October 31, 2027, 11:59 PM ET, this market will resolve to the lowest range bracket. This market’s resolution will be based solely on the number of seats won by the Labour Party in this election. This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as published by 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 the Labour Party win 50-54 seats in the New Zealand House of Representatives in the 2026 New Zealand legislative election?"?
As of Sun, 17 May 2026 17:10:38 GMT, YES is priced at 16% implied probability on Polymarket. The price changed +0.1pp in the last 24 hours, +0.0pp in the last hour, and -6.9pp 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: $64.29. Open liquidity in the YES/NO orderbooks: $644.29. Spread between best bid and best ask: 25.1¢.
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
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