Odds boards / Politics

2028 Democratic presidential nominee

Live Kalshi odds · 52 outcomesOne winner
▼2Biggest move: Gavin Newsom down to 15% recently.
1
Gavin Newsom▼215%
2
Alexandria Ocasio-Cortez▲114%
3
Jon Ossoff13%
4
Kamala Harris8%
5
Josh Shapiro5%
6
Pete Buttigieg5%
7
Andy Beshear5%
8
Mark Kelly4%
9
James Talarico▲13%
10
J.B. Pritzker3%
11
Raphael Warnock3%
12
Rahm Emanuel3%
13
Ro Khanna2%
14
Wes Moore2%
15
Michelle Obama2%
16
Ruben Gallego1%
17
Chris Murphy1%
18
Gretchen Whitmer1%
19
Mark Cuban1%
20
Roy Cooper1%
21
Cory Booker1%
22
Elissa Slotkin1%
23
Mitch Landrieu1%
24
Abdul El-Sayed1%
25
Shawn Fain1%
26
Chris Van Hollen1%
27
David Jolly1%
28
Hakeem Jeffries1%
29
Sherrod Brown1%
30
Mary Peltola1%
31
Hunter Biden0%
32
Zohran Mamdani0%
33
Tim Walz0%
34
John Fetterman0%
35
Stephen A. Smith0%
36
Jared Polis0%
37
Jon Stewart▼10%
38
Barack Obama0%
39
Hillary Clinton0%
40
Liz Cheney0%
41
Bernie Sanders0%
42
Gina Raimondo0%
43
Phil Murphy0%
44
LeBron James0%
45
Amy Klobuchar0%
46
Jamie Dimon0%
47
Dwayne Johnson0%
48
Andrew Yang0%
49
Jasmine Crockett0%
50
Beto O'Rourke0%
51
Graham Platner0%
52
Elizabeth Warren0%
Each price is that outcome’s implied probability. Only one outcome can happen here, so the field should sum to about 100%. It currently sums to 102%, a 2-point overround (the market's built-in spread). Tap any outcome for its price history and embed.
Priced about right
KALSHI CHARGES
15¢
MARKETS LIKE THIS SETTLED AT
15¢
Contracts like this one have settled YES 14.7% of the time against a 15c price, which is close enough to fair that the 1c fee eats whatever is left. Based on 2,570 settled markets across all categories in the 10-19c band (we do not yet hold enough politics history to price this by category, so this is the market-wide curve and is weaker evidence).
This is what this kind of contract has been worth, not a forecast for this one: a band average does not know what is happening in the news. See the Fair Value Board for every market scored this way, or the politics curve it came from.
What history says about this price
Across our settled record, markets priced near 10–19¢ have gone on to settle YES 15% of the time (n=2,570). That is history, not a forecast for this specific market. See the Truth Machine for the full curve.
Based on the favourite, Gavin Newsom at 15¢. Every price band on this board has its own history; the full curve shows them all.
These are live Kalshi event contracts. Each outcome’s price is the market’s implied probability. Whether the market is well-calibrated at each price is measured by our Truth Machine. Confirm live prices on Kalshi before trading. Not financial advice.
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