Kalshi 2028 U.S. Presidential Election odds
On Kalshi, the favourite is J.D. Vance, at 21%. The market settles by Jan 21, 2029, and $174K traded in the last 24 hours. Each contract pays $1 if it is right, so 21¢ reads as a 21% chance. We have not matched it to a Polymarket market yet, so there is no second price.
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This question also has a permanent page: 2028 US presidential election odds
Kalshi · odds · updated
Kalshi odds on every outcome
| Outcome | Chance | Yes price | 24h volume | |
|---|---|---|---|---|
| J.D. Vance | 21% | 21¢ | $11K | Trade |
| Gavin Newsom | 13% | 13¢ | $7K | Trade |
| Marco Rubio | 11% | 11¢ | $12K | Trade |
| Alexandria Ocasio-Cortez | 9% | 9¢ | $2K | Trade |
| Jon Ossoff | 9% | 9¢ | $18K | Trade |
| Kamala Harris | 4% | 4¢ | $11K | Trade |
| Pete Buttigieg | 3% | 3¢ | $1K | Trade |
| Josh Shapiro | 3% | 3¢ | $2K | Trade |
| Ron DeSantis | 3% | 3¢ | $5K | Trade |
| Andy Beshear | 3% | 3¢ | $14K | Trade |
Show 24 more outcomes
| Outcome | Chance | Yes price | 24h volume | |
|---|---|---|---|---|
| Donald J. Trump | 3% | 3¢ | $4K | Trade |
| Mark Kelly | 2% | 2¢ | $3K | Trade |
| J.B. Pritzker | 2% | 2¢ | $37K | Trade |
| James Talarico | 2% | 2¢ | $14K | Trade |
| Rahm Emanuel | 2% | 2¢ | $234 | Trade |
| Wes Moore | 1% | 1¢ | $669 | Trade |
| Tucker Carlson | 1% | 1¢ | $0 | Trade |
| Donald J. Trump Jr. | 1% | 1¢ | $100 | Trade |
| Jamie Dimon | 1% | 1¢ | $0 | Trade |
| Gretchen Whitmer | 1% | 1¢ | $0 | Trade |
| Tulsi Gabbard | 1% | 1¢ | $1K | Trade |
| Glenn Youngkin | 1% | 1¢ | $500 | Trade |
| Nikki Haley | 1% | 1¢ | $14K | Trade |
| Ro Khanna | 1% | 1¢ | $10K | Trade |
| Thomas Massie | 1% | 1¢ | $5K | Trade |
| Roy Cooper | 1% | 1¢ | $1K | Trade |
| Hunter Biden | 1% | 1¢ | $0 | Trade |
| Brian Kemp | 1% | 1¢ | $0 | Trade |
| Ted Cruz | 1% | 1¢ | $0 | Trade |
| Doug Burgum | 1% | 1¢ | $0 | Trade |
| Stephen A. Smith | <1% | <1¢ | $0 | Trade |
| Greg Abbott | <1% | <1¢ | $0 | Trade |
| Tim Walz | <1% | <1¢ | $1K | Trade |
| Vivek Ramaswamy | <1% | <1¢ | $0 | Trade |
Chance is each outcome's Yes price on Kalshi. A Yes contract at 21¢ pays $1 if that outcome wins.
How the odds have moved
Kalshi's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.
How this market resolves
The market asks: “Who will win the next presidential election?” Each outcome is its own contract: it pays $1 if it is the answer, and nothing if not. Kalshi publishes the full settlement rules on the market's page. Read them on Kalshi (opens in a new tab)
Scheduled resolution: Jan 21, 2029.
How to trade this market on Kalshi
- Check your state first. A few states restrict some contracts.
- Open a Kalshi account. Is Kalshi legit? Our review covers safety, sign-up and payouts.
- Buy Yes or No at the price shown, 21¢ for J.D. Vance right now. Each contract pays $1 if you are right.
- Sell any time before it settles, or hold to the result. Kalshi's fees apply to each trade.
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Not on Polymarket here yet: we have not matched this question to a Polymarket market, so there is no second price to compare. Kalshi vs Polymarket compares the two venues.
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Common questions
What are the Kalshi odds on 2028 U.S. Presidential Election?
On Kalshi, the favourite is J.D. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.
How does this market resolve?
By Kalshi's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.
Is this question on Polymarket too?
We have not matched it to a Polymarket market yet. When we do, both prices appear side by side here.
Can I trade this market in my state?
In most states, yes, on Kalshi. A few states have acted against some contracts. Check your state first.
How accurate are Kalshi odds?
Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.
What does it cost to trade on Kalshi?
A trading fee on each contract, largest near 50¢ and smaller towards either end. Kalshi's fees has the formula.