The Prediction Markets

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

Closes
Nov 1, 2028, in 25 months
Traded
$48K
Venues
Kalshi
Prices updated
just now
Share

What the markets expect

Rahm Emanuel 22.8%

Next is Kamala Harris at 9.8%. Only Kalshi lists this market, so there is no second price to compare.

Rahm Emanuel 22.8%Kamala Harris 9.8%Ro Khanna 9.8%Andy Beshear 7.3%Gavin Newsom 7.3%28 others 43%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue. Ages are as of when this page was built.

  • Kalshi
Rahm Emanuel
22.8%
Kalshi 28%(22.8% fair)polled, 24s agoBest Yes 35¢ on Kalshi, $100 pays $286 (2.86x)
Kalshi
Contract
Rahm Emanuel
Last price
28%
Fair, margin removed
22.8%
As of
Polled just now
Buy Yes
35¢
Sell Yes
27¢
$100 on Yes pays
$286 (2.86x)
Volume
$4K
Trade this on Kalshi
Kamala Harris
9.8%
Kalshi 12%(9.8% fair)polled, 24s agoBest Yes 12¢ on Kalshi, $100 pays $833 (8.33x)
Kalshi
Contract
Kamala Harris
Last price
12%
Fair, margin removed
9.8%
As of
Polled just now
Buy Yes
12¢
Sell Yes
5¢
$100 on Yes pays
$833 (8.33x)
Volume
$6K
Trade this on Kalshi
Ro Khanna
9.8%
Kalshi 12%(9.8% fair)polled, 24s agoBest Yes 16¢ on Kalshi, $100 pays $625 (6.25x)
Kalshi
Contract
Ro Khanna
Last price
12%
Fair, margin removed
9.8%
As of
Polled just now
Buy Yes
16¢
Sell Yes
12¢
$100 on Yes pays
$625 (6.25x)
Volume
$3K
Trade this on Kalshi
Andy Beshear
7.3%
Kalshi 9%(7.3% fair)polled, 24s agoBest Yes 10¢ on Kalshi, $100 pays $1,000 (10.0x)
Kalshi
Contract
Andy Beshear
Last price
9%
Fair, margin removed
7.3%
As of
Polled just now
Buy Yes
10¢
Sell Yes
7¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$6K
Trade this on Kalshi
Gavin Newsom
7.3%
Kalshi 9%(7.3% fair)polled, 24s agoBest Yes 11¢ on Kalshi, $100 pays $909 (9.09x)
Kalshi
Contract
Gavin Newsom
Last price
9%
Fair, margin removed
7.3%
As of
Polled just now
Buy Yes
11¢
Sell Yes
7¢
$100 on Yes pays
$909 (9.09x)
Volume
$8K
Trade this on Kalshi
Pete Buttigieg
7.3%
Kalshi 9%(7.3% fair)polled, 24s agoBest Yes 16¢ on Kalshi, $100 pays $625 (6.25x)
Kalshi
Contract
Pete Buttigieg
Last price
9%
Fair, margin removed
7.3%
As of
Polled just now
Buy Yes
16¢
Sell Yes
8¢
$100 on Yes pays
$625 (6.25x)
Volume
$8K
Trade this on Kalshi
Cory Booker
3.3%
Kalshi 4%(3.3% fair)polled, 24s agoBest Yes 4¢ on Kalshi, $100 pays $2,500 (25.0x)
Kalshi
Contract
Cory Booker
Last price
4%
Fair, margin removed
3.3%
As of
Polled just now
Buy Yes
4¢
Sell Yes
1¢
$100 on Yes pays
$2,500 (25.0x)
Volume
$308
Trade this on Kalshi
Alexandria Ocasio-Cortez
1.7%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Alexandria Ocasio-Cortez
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$2K
Trade this on Kalshi
Amy Klobuchar
1.7%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Amy Klobuchar
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$46
Trade this on Kalshi
Andrew Yang
1.7%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Andrew Yang
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$70
Trade this on Kalshi
Show 23 more outcomes
Graham Platner
1.7%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Graham Platner
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$1
Trade this on Kalshi
Gretchen Whitmer
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Gretchen Whitmer
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$500
Trade this on Kalshi
J.B. Pritzker
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
J.B. Pritzker
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$3K
Trade this on Kalshi
James Talarico
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
James Talarico
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$40
Trade this on Kalshi
Jon Ossoff
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Jon Ossoff
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$1K
Trade this on Kalshi
Josh Shapiro
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Josh Shapiro
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$3K
Trade this on Kalshi
Mark Kelly
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Mark Kelly
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$35
Trade this on Kalshi
Mitch Landrieu
1.6%
Kalshi 2%polled, 24s agoBest Yes 4¢ on Kalshi, $100 pays $2,500 (25.0x)
Kalshi
Contract
Mitch Landrieu
Last price
2%
As of
Polled just now
Buy Yes
4¢
Sell Yes
—
$100 on Yes pays
$2,500 (25.0x)
Volume
$127
Trade this on Kalshi
Raphael Warnock
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Raphael Warnock
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$76
Trade this on Kalshi
Stephen A. Smith
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Stephen A. Smith
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$1
Trade this on Kalshi
Wes Moore
1.6%
Kalshi 2%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Wes Moore
Last price
2%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Volume
$3K
Trade this on Kalshi
Beto O'Rourke
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Beto O'Rourke
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Chris Murphy
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Chris Murphy
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Elissa Slotkin
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Elissa Slotkin
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Elizabeth Warren
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Elizabeth Warren
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Gina Raimondo
0.8%
Kalshi 1%polled, 24s agoBest Yes 1¢ on Kalshi, $100 pays $10,000 (100x)
Kalshi
Contract
Gina Raimondo
Last price
1%
As of
Polled just now
Buy Yes
1¢
Sell Yes
—
$100 on Yes pays
$10,000 (100x)
Volume
$63
Trade this on Kalshi
Jared Polis
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Jared Polis
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Jasmine Crockett
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Jasmine Crockett
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Jon Stewart
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Jon Stewart
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Mark Cuban
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Mark Cuban
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Michelle Obama
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Michelle Obama
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Roy Cooper
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Roy Cooper
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi
Ruben Gallego
0.8%
Kalshi 1%polled, 24s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
Ruben Gallego
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
—
$100 on Yes pays
$5,000 (50.0x)
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: The Washington Post, Ballotpedia, The Wall Street Journal

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Rahm Emanuel
  • Kamala Harris
  • Ro Khanna

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

Loading snapshot…

Recent trades

Loading…

What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

$
Buy

Loading both order books…

Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Who will be the first Democrat listed to announce a presidential run? (More strikes)". Rahm Emanuel leads at 22.8%. Next is Kamala Harris at 9.8%. $48K has traded across 33 outcomes on Kalshi. The market is expected to resolve by Nov 1, 2028.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

See all politics markets