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Who will be the first Democrat listed to announce a presidential run? (More strikes)

Live prices from Kalshi, ordered by what the market thinks. These are raw ask prices, what it actually costs to take the position, margin included.

OutcomeKalshi
Rahm Emanuel 29¢
Ro Khanna 23¢
Pete Buttigieg 15¢
Gavin Newsom 14¢
Andy Beshear 12¢
Kamala Harris
Wes Moore
Josh Shapiro
Jon Ossoff
J.B. Pritzker
Mark Kelly
Cory Booker
Raphael Warnock

Only outcomes with a live two-sided quote are shown. No Polymarket equivalent was matched with enough confidence to publish, so this page is Kalshi only. Prices as of Thu, 17 Sep 2026 04:55:50 UTC.

The overround on this market

Add up what it costs to back every outcome here and Kalshi's board comes to 153%. A fair book sums to 100. The excess is the house's cut, paid by whoever trades, and it is the reason the same opinion costs different amounts in different places. That number is what this site is named after.

Your call

The market says 29%. It got there by making everyone who disagreed put money behind it. You do not have to, so this is the cheap version of the same question, and the interesting number is how far the two drift apart.

29%

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The record

What this market has cost every day since 22 May 2026, taken from the exchange's own published history. The line is the mid price, halfway between what a buyer would pay and a seller would take.

0 25 50 75 100 MayJunJulAugSept Rahm Emanuel 27.5 Ro Khanna 18 Pete Buttigieg 11

Over this window Rahm Emanuel went from 9.5 to 27.5, a move of 18 points toward happening.

The other 1 contract in this field is left off the chart rather than drawn in a colour nobody could tell apart; it is all in the table above. Kalshi removes a contract from its interface once it settles and Polymarket buries closed events, so this page is the copy that stays put. We also record our own snapshot once a day, independently, because a history published by the house is worth checking against one kept by somebody with no position in it.

See this on Kalshi

What settles this

Settlement source
The Washington Post, Ballotpedia, The Wall Street Journal, ABC, the Federal Election Commission, Fox News, person, the Associated Press, NBC, Axios, Reuters, The New York Times, official campaign websites or social media accounts of declared candidates, Politico, MSNBC, CNN, Bloomberg News, CBS
Contract terms
Kalshi product certification (PDF)
Closes
Wed, 01 Nov 2028 03:59:00 UTC
Resolution, for the Rahm Emanuel contract
If Rahm Emanuel is the first individual in this list to publicly declare their candidacy for 2028 United States presidential election after Issuance and before Nov 1, 2028, then the market resolves to Yes.
Ticker
KXDECLAREPRESFIRSTD-28NOV01

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