TOTAL VOLUME:
$66b
24H VOL:
$398,877,831
24H TRANSACTIONS:
647,445,881
OPEN INTEREST:
$1,477,629,845
622,934
Markets across
14,083
events
MATCHED EVENTS:
1,257
PLATFORM COVERAGE:
4
Polymarket:
49%
VS.
Kalshi:
51%
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This market tracks which party will win Alaska's gubernatorial election on November 3, 2026. Aggregating data from Polymarket and Kalshi, the consensus probability for a Republican victory stands at 55.0%, with Democrats at 39.0%. Resolution will be determined by the Associated Press, Fox News, and NBC once all three sources call the race for the same candidate, or by official state certification if needed. Watch for the election results on November 3, 2026, which will settle this market.
This market will resolve according to the candidate who wins the 2026 Alaska gubernatorial election currently scheduled for November 3, 2026. If the results of the election are not confirmed by July 31, 2027, this market will resolve to "Other". The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in Alaska for the same candidate, this market will resolve based on official certification.
If a representative of the Republican party is inaugurated as the governor of Alaska pursuant to the 2026 election, then the market resolves to Yes. If a representative of the Democratic party is inaugurated as the governor of Alaska pursuant to the 2026 election, then the market resolves to Yes.
Prediction markets incorporate polling data alongside other signals—fundraising, turnout models, and real-money trader conviction—to generate forward-looking probabilities. While traditional polls capture voter sentiment at a single moment, markets reflect dynamic expectations as new information arrives. For the 2026 Alaska governor race, comparing Kalshi and Polymarket odds to contemporaneous polls reveals whether traders are pricing in factors polls may lag on, such as campaign momentum or demographic shifts. Markets often diverge from polls weeks before elections, signaling where informed money sees asymmetric value.
Kalshi and Polymarket can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Kalshi and Polymarket serve different trader bases, liquidity pools, and contract designs. Kalshi currently shows 39.0% for its top outcome, while Polymarket reflects 0.4%, a spread of 38.6 percentage points. Differences arise from varying user demographics, fee structures, market depth, and the specific wording of each platform's resolution criteria. Arbitrage traders exploit these gaps, but friction costs and settlement risk prevent instant convergence. Monitoring both venues helps you identify mispricings and understand which market segment—retail or institutional—is driving directional conviction.
The market resolves on Nov 3, 2026, following the official Alaska gubernatorial election. Resolution is determined by the candidate who receives the most votes and is certified as winner by Alaska election authorities. Markets may close or halt trading before election day to reduce settlement disputes. Check each platform's specific resolution timeline and any early-close policies, as they may differ. Once the official result is announced and verified, payouts are distributed according to each platform's settlement rules.
Key catalysts include candidate announcements, debate performances, campaign spending reports, and endorsements from major Alaska figures or national parties. Economic data—oil prices, unemployment, cost of living—shapes voter priorities in Alaska. Primary results and candidate dropout decisions narrow the field and shift probabilities. Polling releases, especially from high-quality firms, often trigger sharp repricing. Scandals, gaffes, or investigative reporting can rapidly alter trader expectations. Turnout models and early-vote patterns in the final weeks provide real-time signals. Monitor news, campaign filings, and betting volume spikes to anticipate market moves.
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