Will Ted Cruz win the 2028 Republican presidential nomination? Odds and prices

3%
Yes

Consensus across 3 venues · Updated

Markets price "Will Ted Cruz win the 2028 Republican presidential nomination" at 3%, with 3 venues quoting within 2 points of each other. The contract settles by Nov 7, 2028; each venue words its settlement rules itself, compared below.

This question on Polymarket, Polymarket US and Kalshi.

$84K
24h volume on Polymarket and Kalshi (Polymarket US publishes none)
3
venues quoting
Nov 7, 2028
settles

Odds by venue

Yes: Will Ted Cruz win the 2028 Republican presidential nomination?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
PolymarketClose-only for US residents2¢cheapest to buy98¢free$78K$780KTrade →
Polymarket USUS residents only4¢97¢0.2¢––Trade →
Kalshi$50 bonus2¢cheapest to buy98¢0.2¢$5K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket’s is its international book, and Polymarket US charges its own (0.0695 × price × (1 − price) to takers, nothing to makers).

How the odds have moved

Polymarket · Will Ted Cruz win the 2028 Republican presidential nomination
2%▼ 0.3 pts since Oct 18
Yes price
Oct 180% – 12% scaleOct 25

One venue's series for the result the headline prices, not a blend; venues tick at different cadences and interpolating one onto the other would invent points.

What the market is actually pricing

Venues word settlement differently for the same question, and the difference decides who gets paid. This is the comparison no venue publishes about its rivals.

Polymarket

This market will resolve to “Yes” if the named individual wins and accepts the 2028 nomination of the Republican Party for U.S. president.

Full settlement wording

This market will resolve to “Yes” if the named individual wins and accepts the 2028 nomination of the Republican Party for U.S. president. Otherwise, this market will resolve to “No”.

The resolution source for this market will be a consensus of official Republican Party sources.

Any replacement of the Republican nominee before election day will not change the resolution of the market.

Polymarket US

This market will settle to Yes if Ted Cruz wins and accepts the Republican Party nomination to contest the 2028 United States Presidential Election.

Full settlement wording

This market will settle to Yes if Ted Cruz wins and accepts the Republican Party nomination to contest the 2028 United States Presidential Election. Outcome sourced from the Republican Party.

Any replacement of the Republican Party nominee before election day will not affect the settlement of this market.

Kalshi

If Ted Cruz wins and accepts the nomination for the Presidency for the Republican party in 2028, then the market resolves to Yes.

Where you can trade this

The Trade links in the tables above open each venue's own market. The reviews cover sign-up, funding and payouts.

Related markets

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Common questions

What are the odds on "Will Ted Cruz win the 2028 Republican presidential nomination"?

Markets currently price it at 3% across 3 venues, a market-implied probability rather than a forecast.

Where can I trade "Will Ted Cruz win the 2028 Republican presidential nomination"?

On Polymarket, Polymarket US and Kalshi. Polymarket US takes US residents only; from the US, polymarket.com is close-only. Availability by state varies for sports contracts; see the legal pages.

Why do the venues show different prices?

Different traders, different fees, and different settlement wording. The gap is the reason this page exists; the cheaper side is marked in the table.