Kalshi market

Kalshi Michigan Senate odds

On Kalshi, the favourite is Abdul El-Sayed, at 72%. The market settles by Jan 4, 2027, and $85K traded in the last 24 hours. Each contract pays $1 if it is right, so 72¢ reads as a 72% chance. Polymarket lists it too, and we compare the two prices below.

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Also on Polymarket: Polymarket's page

Kalshi · odds · updated

Abdul El-Sayed72%
Mike Rogers29%

Also priced on Polymarket: compare both

$85K
24h volume on Kalshi
$5.0M
total volume on Kalshi
$3.3M
open interest
Jan 4, 2027
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of Michigan Senate
OutcomeChanceYes price24h volume
Abdul El-Sayed72%72¢$41KTrade
Mike Rogers compare 29%29¢$44KTrade

Chance is each outcome's Yes price on Kalshi. A Yes contract at 72¢ pays $1 if that outcome wins.

Kalshi vs Polymarket on this question

The same question on both venues. When the prices differ, the cheaper side costs you less for the same payout.

Yes: Will the Republicans win the Michigan Senate race in 2026?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket27¢cheapest to buy73¢0.8¢$7K$238KTrade →
Kalshi29¢71¢1.4¢$44K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

Full comparison

How the odds have moved

Kalshi · Abdul El-Sayed
72%▼ 0.5 pts since Sep 28
Yes price
Sep 2864% – 81% 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: “Will Democratics win the Senate race in Michigan?” A Yes contract pays $1 if the answer is yes, 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 4, 2027.

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, 72¢ for Abdul El-Sayed 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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Common questions

What are the Kalshi odds on Michigan Senate?

On Kalshi, the favourite is Abdul El-Sayed, at 72%. 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?

Yes. Polymarket's page has its prices and rules. Our side-by-side page shows both prices and both venues' rules.

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.