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The Overround / Markets / Elections

2028 Presidential race: exact outcome

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
AOC defeats JD Vance 11¢
Gavin Newsom defeats JD Vance 12¢
JD Vance defeats AOC
Jon Ossoff defeats Marco Rubio
JD Vance defeats Gavin Newsom 10¢
Marco Rubio defeats AOC
Jon Ossoff defeats JD Vance
Josh Shapiro defeats JD Vance
JD Vance defeats Kamala Harris
Kamala Harris defeats JD Vance
Gavin Newsom defeats Marco Rubio
AOC defeats Marco Rubio
Kamala Harris defeats Marco Rubio
Marco Rubio defeats Kamala Harris
Andy Beshear defeats JD Vance
JD Vance defeats Jon Ossoff
Pete Buttigieg defeats JD Vance
JD Vance defeats Pete Buttigieg
Pete Buttigieg defeats Marco Rubio
JD Vance defeats Andy Beshear
Andy Beshear defeats Marco Rubio
Marco Rubio defeats Andy Beshear
JD Vance defeats James Talarico
James Talarico defeats Marco Rubio

Only outcomes with a live two-sided quote are shown, and 1 contract trading under a cent is left off. No Polymarket equivalent was matched with enough confidence to publish, so this page is Kalshi only. Prices as of Thu, 17 Sep 2026 04:52:50 UTC.

The overround on this market

Add up what it costs to back every outcome here and Kalshi's board comes to 144%. 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 11%. 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.

11%

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The record

What this market has cost every day since 10 April 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 AprMayJunJulAugSept AOC defeats JD Van 10 Gavin Newsom defea 8 Marco Rubio defeat 6.5

Over this window AOC defeats JD Vance went from 2.5 to 10, a move of 7.5 points toward happening.

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
Office of the Presidency
Contract terms
Kalshi product certification (PDF)
Closes
Sat, 20 Jan 2029 10:00:00 UTC
Resolution, for the AOC defeats JD Vance contract
If Alexandria Ocasio-Cortez defeats JD Vance in the 2028 presidential election, then the market resolves to Yes.
Ticker
KXPRESOUTCOME-28NOV07

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