TOTAL VOLUME:

$150.1b

24H VOL:

$142,857,652

24H TRANSACTIONS:

2,859,322,643

OPEN INTEREST:

$1,733,278,615

483,990

Markets across

35,811

events

MATCHED EVENTS:

3,349

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

BETA
Dashboards
Tour
All
Elections
Closest Governor's Race?
kalshi
polymarket

Closest Governor's Race?

Total volume:
$173,755
Volume 24h:
$8,340
36%
Liquidity:
$193,362
0%
Open interest:
$109,597
5%

Georgia

all

2 markets

Kalshi

Polymarket

consensus

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 20, 2027

Will Georgia have the smallest margin of victory in 2026 United States gubernatorial elections?

21%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 21¢ buys you 476 shares | Odds: 21% Total Payout: $476 | Net Profit: $376 Multiplier: 4.76x | ROI: 376% APY not meaningful 85 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Georgia

Trade
21%
Yes 21¢No 80¢
1¢
N/A
$17,615
1%
23%
$11,295
2mo 3w 4d
active
polymarket

Georgia

20%
Yes 20.3¢No 79.8¢
0.1¢
$10,654
$1,370
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
20.9%
Yes 20.7¢No 79.9¢
Avg: 0.6¢Max: 1¢
kalshi

Nevada

12%
Yes 12¢No 90.6¢
2.6¢
N/A
$13,846
8%
24%
$9,764
2mo 3w 4d
active
polymarket

Nevada

11%
Yes 11¢No 90¢
1¢
$11,121
$3,914
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
11.7%
Yes 11.5¢No 90.3¢
Avg: 1.8¢Max: 2.6¢
kalshi

Nebraska

11%
Yes 11¢No 93¢
4¢
N/A
$5,747
27%
84%
$5,460
2mo 3w 4d
active
kalshi

Texas

10%
1%
Yes 10¢No 91¢
1¢
N/A
$10,795
24%
47%
$7,485
2mo 3w 4d
active
polymarket

Texas

6%
Yes 7.1¢No 94.4¢
1.5¢
$10,557
$3,576
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
9.1%
Yes 8.5¢No 92.7¢
Avg: 1.3¢Max: 1.5¢
polymarket

Ohio

16%
Yes 15.8¢No 84.3¢
0.1¢
$12,410
$1,126
0%
N/A
N/A
1w 18h
active
kalshi

Ohio

8%
Yes 8.7¢No 91.8¢
0.5¢
N/A
$14,664
0%
9%
$9,637
2mo 3w 4d
active
PredictionHero
PH Consensus
8.7%
Yes 12.3¢No 88.1¢
Avg: 0.3¢Max: 0.5¢
kalshi

Kansas

9%
1%
Yes 8.9¢No 91.6¢
0.5¢
N/A
$9,060
24%
30%
$7,580
2mo 3w 4d
active
polymarket

Kansas

5%
Yes 5.7¢No 96¢
1.7¢
$10,794
$3,611
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
7.8%
Yes 7.3¢No 93.8¢
Avg: 1.1¢Max: 1.7¢
kalshi

Wisconsin

6%
Yes 6.3¢No 94.8¢
1.1¢
N/A
$11,103
1%
28%
$6,565
2mo 3w 4d
active
polymarket

Wisconsin

5%
Yes 5¢No 96¢
1¢
$11,050
$1,672
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
6.2%
Yes 5.7¢No 95.4¢
Avg: 1.1¢Max: 1.1¢
kalshi

Florida

6%
Yes 7¢No 94¢
1¢
N/A
$6,227
36%
50%
$5,261
2mo 3w 4d
active
polymarket

Florida

6%
Yes 7.3¢No 95.5¢
2.8¢
$10,780
$1,711
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
6%
Yes 7.2¢No 94.8¢
Avg: 1.9¢Max: 2.8¢
kalshi

Michigan

5%
Yes 2¢No 99.7¢
1.7¢
N/A
$4,863
0%
0%
$4,651
2mo 3w 4d
active
polymarket

Michigan

3%
Yes 4.6¢No 98.9¢
3.5¢
$10,476
$379
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
5.2%
Yes 3.3¢No 99.3¢
Avg: 2.6¢Max: 3.5¢
polymarket

Iowa

6%
Yes 6.8¢No 94¢
0.8¢
$10,959
$1,875
0%
N/A
N/A
1w 18h
active
kalshi

Iowa

5%
Yes 3.5¢No 98.4¢
1.9¢
N/A
$12,558
0%
5%
$6,948
2mo 3w 4d
active
PredictionHero
PH Consensus
5.2%
Yes 5.2¢No 96.2¢
Avg: 1.4¢Max: 1.9¢
polymarket

Oregon

6%
Yes 7.5¢No 96.5¢
4¢
$10,345
$404
0%
N/A
N/A
1w 18h
active
kalshi

Oregon

5%
Yes 5¢No 96¢
1¢
N/A
$4,338
6%
6%
$4,338
2mo 3w 4d
active
PredictionHero
PH Consensus
5%
Yes 6.3¢No 96.2¢
Avg: 2.5¢Max: 4¢
kalshi

Vermont

5%
Yes 4¢No 97¢
1¢
N/A
$6,296
0%
53%
$4,316
2mo 3w 4d
active
polymarket

Vermont

2%
Yes 2.8¢No 99.5¢
2.3¢
$10,431
$201
0%
N/A
N/A
1w 18h
active
PredictionHero
PH Consensus
4.9%
Yes 3.4¢No 98.3¢
Avg: 1.7¢Max: 2.3¢
polymarket

Colorado

4%
Yes 5.9¢No 98.9¢
4.8¢
$10,333
$283
0%
N/A
N/A
1w 18h
active
kalshi

Colorado

1%
Yes 1¢No 100¢
1¢
N/A
$100
0%
0%
$100
2mo 3w 4d
active
PredictionHero
PH Consensus
2.8%
Yes 3.5¢No 99.4¢
Avg: 2.9¢Max: 4.8¢
Total markets: 25 of 42

Description

This group forecasts which US gubernatorial election in 2026 will have the closest margin of victory. The margin of victory is calculated as the absolute difference in percentage points between the top two candidates' vote shares. Runoff and multi-round elections use the final round's margin.

PredictionHero - Resolution Divergence Alerts (RDA)

Divergence Detected

Issue: Kalshi markets are limited to a pre-defined list of states, while Polymarket considers all states with gubernatorial elections in 2026.Hero tip: Consider trading Polymarket markets on states not explicitly listed on Kalshi, as those states have a higher probability of resolving 'Yes' on Polymarket if they have the smallest margin.

Critical divergence points:

  • Polymarket: Resolves based on the smallest margin of victory across *all* US gubernatorial elections in 2026. "This market will consider the results of all listed gubernatorial elections...that are scheduled to be held in November, 2026, by October 31, 2026, including the results of runoff elections held after November, 2026."
  • Kalshi: Resolves 'Yes' only if a *specific* listed state (e.g., Wisconsin, Pennsylvania) has the smallest margin of victory. "If Wisconsin has the smallest margin of victory among all elections...then the market resolves to Yes."
Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.

Polymarket

The 2026 midterm elections are scheduled to be held on November 3, 2026. This market will resolve according to the listed US gubernatorial race which has the smallest margin of victory. For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first- and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. For elections that include runoffs, ranked-choice, or other multi-round elections, the relevant margin of victory will be that of the round in which the winner is determined. If two state margins of victory are identical, this market will resolve to the tied state whose name comes first alphabetically. The resolution source for this market will be a compilation of all of the relevant state election authorities responsible for certifying statewide elections, however, a consensus of credible reporting may also be used.

Kalshi

The winning outcome is determined by identifying which state has the smallest margin of victory among all 2026 United States gubernatorial elections as of January 20, 2027. Margin of victory is calculated as the absolute percentage point difference between the first and second place finishers. For two-candidate races, this equals the winner's percentage minus the runner-up's percentage. For multi-candidate races, only the gap between first and second place counts. For yes/no referenda, the margin is the absolute difference between yes and no percentages. If official results are unavailable by the deadline but at least 95% of expected votes are counted, preliminary results are used. In case of identical margins tied to the hundredth of a percentage point, tied outcomes split the payout equally. Postponed elections or those without sufficient results by the deadline resolve to No.

Frequently asked questions

On Polymarket and Kalshi, the governor's race market dashboard aggregates real-time predictions on which state will have the closest gubernatorial election in 2026. This allows for a consensus view of potential outcomes, currently showing a combined volume of $173,755. The dashboard tracks probabilities as expressed by traders on both platforms, offering a unique perspective beyond traditional polling. Currently, Polymarket currently favors Will Georgia have the closest Governor's race in 2026? at 20.3%, while Kalshi leans toward Will Georgia have the smallest margin of victory in 2026 United States gubernatorial elections? at 21.0%. This provides a dynamic assessment of the most competitive governor's races.

Prediction market odds, like those found in this market, often offer a different perspective than traditional polling averages. Polls capture a snapshot in time and can be influenced by sampling bias or question wording. This market, however, reflects the collective wisdom of traders who have ‘skin in the game’ – their money is at stake based on their predictions. This incentivizes more informed and nuanced assessments. While polls can indicate voter preference, this market attempts to forecast the actual closeness of the election results, potentially revealing hidden strengths or weaknesses not captured in polls.

This market resolves around Jan 20, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The determination will be based on which state’s gubernatorial election in 2026 has the smallest margin of victory, calculated by the difference in votes between the winning and losing candidates. The outcome will be verified against credible public sources, ensuring an objective assessment of the election results. Traders should monitor news coverage and official election results leading up to the resolution date.

Several signals could significantly impact this market. Major candidate announcements, shifts in polling data, significant fundraising reports, and unexpected political endorsements could all influence trader behavior. Economic events or national trends that impact voter sentiment could also play a role. Any news suggesting a particularly competitive race in a specific state, like a close primary contest or a contentious debate, would likely move the odds. Monitoring these events and their potential impact on voter preferences is crucial for understanding movements in this market.