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The push the Democrats made through August and into September seems to have faded, but they are still in position to keep the Senate if not the House. However, any continuation of recent trends could make that unlikely.
That said, 538 is still calling Democrats a 2-to-1 favorite to retain control because of the likelihood of another 50/50 split. However, that is no longer the single most likely outcome Each of the possible 51/49 splits is more likely. It seems to be coming down to Pennsylvania, Georgia, and Nevada as Democrats seem to be holding on in Arizona and Republicans holding in Wisconsin.
projects.fivethirtyeight.com
The Crystal Ball at UVa has only two states as tossups--Georgia and Nevada. Both are Democrat seats and an incumbent win in either assures Democrats of control assuming all other states follow their current lean. Republican-held Pennsylvania is listed as a Democrat pick-up.
centerforpolitics.org
RCP cites seven tossup states but their no tossup map has five going Republican including all three of the states in 538's list. That would give Republicans control with a 52-48 break.
One common gauge is the generic ballot polls. Democrats briefly pulled ahead in September, but Republicans have surged in the last two weeks, currently +2.2.
Another thing to consider is betting markets. Nate Silver says this election is being treated like a Presidential year. He comments that his model projecting the Senate race is shifting to Republicans but betting money is shifting faster. It's worth noting the 14 October date of the article, since it predates a big shift in the generic ballot over the weekend.
fivethirtyeight.com
That said, 538 is still calling Democrats a 2-to-1 favorite to retain control because of the likelihood of another 50/50 split. However, that is no longer the single most likely outcome Each of the possible 51/49 splits is more likely. It seems to be coming down to Pennsylvania, Georgia, and Nevada as Democrats seem to be holding on in Arizona and Republicans holding in Wisconsin.

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The Crystal Ball at UVa has only two states as tossups--Georgia and Nevada. Both are Democrat seats and an incumbent win in either assures Democrats of control assuming all other states follow their current lean. Republican-held Pennsylvania is listed as a Democrat pick-up.

2022 Senate - Sabato's Crystal Ball
To read recent stories on the race for the Senate, click here. 2024 Senate races

RCP cites seven tossup states but their no tossup map has five going Republican including all three of the states in 538's list. That would give Republicans control with a 52-48 break.
One common gauge is the generic ballot polls. Democrats briefly pulled ahead in September, but Republicans have surged in the last two weeks, currently +2.2.
Another thing to consider is betting markets. Nate Silver says this election is being treated like a Presidential year. He comments that his model projecting the Senate race is shifting to Republicans but betting money is shifting faster. It's worth noting the 14 October date of the article, since it predates a big shift in the generic ballot over the weekend.

Betting Markets Are Treating The Midterm Elections Like It’s A Presidential Election
For the past few weeks, we’ve been trying to figure out to what extent, if any, Republicans have regained ground in the race for control of Congress. And the an…