Kalshi market

Kalshi 2028 U.S. Presidential Election odds

On Kalshi, the favourite is J.D. Vance, at 20%. The market settles by Jan 21, 2029, and $131K traded in the last 24 hours. Each contract pays $1 if it is right, so 20¢ reads as a 20% 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

J.D. Vance20%
Jon Ossoff12%
Alexandria Ocasio-Cortez10%
Marco Rubio9%
Gavin Newsom8%

All 31 outcomes ↓

$131K
24h volume on Kalshi
$71.0M
total volume on Kalshi
$49.9M
open interest
Jan 21, 2029
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of 2028 U.S. Presidential Election
OutcomeChanceYes price24h volume
J.D. Vance20%20¢$10KTrade
Jon Ossoff12%12¢$5KTrade
Alexandria Ocasio-Cortez10%10¢$2KTrade
Marco Rubio9%9¢$5KTrade
Gavin Newsom8%8¢$2KTrade
Kamala Harris4%4¢$3KTrade
Andy Beshear3%3¢$5KTrade
Pete Buttigieg3%3¢$517Trade
Donald J. Trump3%3¢$3KTrade
Mark Kelly3%3¢$3KTrade
Show 21 more outcomes
Kalshi odds on each outcome of 2028 U.S. Presidential Election
OutcomeChanceYes price24h volume
Ron DeSantis3%3¢$2KTrade
Josh Shapiro3%3¢$12KTrade
James Talarico2%2¢$8KTrade
Rahm Emanuel2%2¢$0Trade
Wes Moore1%1¢$0Trade
Donald J. Trump Jr.1%1¢$924Trade
Tucker Carlson1%1¢$3KTrade
J.B. Pritzker1%1¢$2KTrade
Jamie Dimon1%1¢$3KTrade
Gretchen Whitmer1%1¢$744Trade
Tulsi Gabbard1%1¢$2KTrade
Ro Khanna1%1¢$477Trade
Thomas Massie1%1¢$173Trade
Hunter Biden1%1¢$0Trade
Ted Cruz1%1¢$0Trade
Glenn Youngkin<1%<1¢$4KTrade
Vivek Ramaswamy<1%<1¢$243Trade
Nikki Haley<1%<1¢$1KTrade
Greg Abbott<1%<1¢$0Trade
Stephen A. Smith<1%<1¢$54KTrade
Tim Walz<1%<1¢$0Trade

Chance is each outcome's Yes price on Kalshi. A Yes contract at 20¢ pays $1 if that outcome wins.

How the odds have moved

Kalshi · J.D. Vance
20%▼ 1.5 pts since Sep 28
Yes price
Sep 2811% – 29% scaleOct 5

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

  1. Check your state first. A few states restrict some contracts.
  2. Open a Kalshi account. Our Kalshi review covers sign-up and payouts.
  3. Buy Yes or No at the price shown, 20¢ for J.D. Vance right now. Each contract pays $1 if you are right.
  4. Sell any time before it settles, or hold to the result. Kalshi's fees apply to each trade.

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CoinStats may earn a commission on links to venues. Prices are indicative and may differ when you trade.

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.

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.