Kalshi market

Kalshi Next Senate Democratic Leader odds

On Kalshi, the favourite is Chuck Schumer, at 86%. The market settles by Jan 1, 2028, and $1.2M traded in the last 24 hours. Each contract pays $1 if it is right, so 86¢ reads as an 86% chance. We have not matched it to a Polymarket market yet, so there is no second price.

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Kalshi · odds · updated

Chuck Schumer86%
Chris Van Hollen13%
Brian Schatz2%
Elizabeth Warren1%
Elissa Slotkin1%

All 15 outcomes ↓

$1.2M
24h volume on Kalshi
$6.3M
total volume on Kalshi
$4.7M
open interest
Jan 1, 2028
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of Next Senate Democratic Leader
OutcomeChanceYes price24h volume
Chuck Schumer86%86¢$287KTrade
Chris Van Hollen13%13¢$399KTrade
Brian Schatz2%2¢$155KTrade
Elizabeth Warren1%1¢$259KTrade
Elissa Slotkin1%1¢$655Trade
Cory Booker<1%<1¢$109KTrade
Chris Murphy<1%<1¢$16KTrade
Jon Ossoff<1%<1¢$4KTrade
Raphael Warnock<1%<1¢$6KTrade
Tammy Baldwin<1%<1¢$1KTrade
Show 5 more outcomes
Kalshi odds on each outcome of Next Senate Democratic Leader
OutcomeChanceYes price24h volume
Mark Warner<1%<1¢$1KTrade
Ruben Gallego<1%<1¢$101Trade
Patty Murray<1%<1¢$92Trade
Amy Klobuchar<1%<1¢$92Trade
Jacky Rosen<1%<1¢$19Trade

Chance is each outcome's Yes price on Kalshi. A Yes contract at 86¢ pays $1 if that outcome wins.

How the odds have moved

Kalshi · Chuck Schumer
86%▼ 3.5 pts since Nov 7
Yes price
Nov 782% – 93% scaleNov 14

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: “Will Chuck Schumer win the next Senate Democratic Leader 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 1, 2028.

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, 86¢ for Chuck Schumer 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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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 Next Senate Democratic Leader?

On Kalshi, the favourite is Chuck Schumer, at 86%. 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.