The Spread
February 26, 2026·1 min read

The Spread: Ohio Senate 2026

Kalshi says 65% Republican. Cook says Lean R. The fundamentals say Toss Up. Here's why they disagree — and who we think is right.

By The Heat Sheet
Announcements
February 26, 2026·1 min read

Welcome to The Heat Sheet

Introducing a new kind of political analysis publication — one built on calibration, transparency, and accountability.

By The Heat Sheet
Methodology
February 25, 2026·2 min read

Why We Grade Prediction Markets

A 62% on Kalshi doesn't mean the same thing as a 62% on Polymarket. Here's why market health matters — and how we measure it.

By The Heat Sheet