TOTAL VOLUME:

$114.4b

24H VOL:

$84,940,147

24H TRANSACTIONS:

1,362,287,844

OPEN INTEREST:

$1,163,022,755

334,261

Markets across

33,310

events

MATCHED EVENTS:

4,574

PLATFORM COVERAGE:

5

Polymarket:

42%

VS.

Kalshi:

58%

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Elections
Michigan Senate winner?
kalshi

Michigan Senate winner?

Dec 3, 2024, 10:00 AM EST - Jan 4, 2027, 10:00 AM EST
Total volume:
$2,507,339
Volume 24h:
$26,953
54%
Liquidity:
N/AN/A
Open interest:
$1,823,492
1%

Democratic party

 - Kalshi

Democratic party - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 4, 2027

Will Democratics win the Senate race in Michigan?

61%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 62¢ buys you 161 shares | Odds: 61% Total Payout: $161 | Net Profit: $61 Multiplier: 1.61x | ROI: 61% | APY: 283% 130 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

Democratic party

Trade
61%
2%
Yes 62¢No 39¢
N/A
$1,101,739
0.54%
17%
$772,999
4mo 1w 3d
active
kalshi

Republican party

39%
Yes 39¢No 62¢
N/A
$1,405,599
2%
15%
$1,050,494
4mo 1w 3d
active
Total markets: 2

Intro

This market tracks which party will win Michigan's U.S. Senate seat for the term beginning in 2027. On Kalshi, Democrats winning the race is priced at 70.0%, while Republicans winning stands at 31.0%. The market resolves according to whether a Republican is sworn in as Michigan Senator for the 2027 term, as determined by official Senate records. Watch for the swearing-in date of January 4, 2027, when the new Senate term begins and the outcome becomes official.

Kalshi

Resolution occurs when a representative of either the Republican or Democratic party is sworn in as a Senator of Michigan for the term beginning in 2027. The market resolves to Yes for whichever party's candidate successfully wins the election and is officially sworn into office.

Frequently asked questions

The Michigan Senate winner dashboard on Kalshi tracks real-time odds and historical price movements for the outcome of the 2026 Michigan Senate race. The dashboard displays current implied probabilities, 24-hour trading volume of $26,867, and cumulative liquidity across all related contracts. You can monitor how market participants are pricing Republican and Democratic victory chances as election day approaches, with granular volume and price history data updated throughout each trading session.

On Kalshi, the Michigan Senate winner market is structured around binary outcomes: Will Republicans win the Senate race in Michigan? On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The Republican outcome is currently priced at 61.0% implied probability, reflecting trader expectations of GOP victory. Prices move continuously as new information emerges, campaign events unfold, and traders adjust positions. Kalshi's order-book mechanism allows you to buy or sell shares at the prevailing bid-ask spread, with payouts determined by the final election result on Jan 4, 2027.

Key catalysts for Michigan Senate winner price movement include candidate announcements, major campaign events, debate performances, and shifts in voter enthusiasm. Economic data, national political developments, and fundraising reports can also influence trader positioning. Polling releases—especially late-cycle surveys—typically trigger significant repricing. Unexpected candidate withdrawals, scandals, or endorsements from high-profile figures may create sharp volatility. Turnout indicators and early voting patterns in the final weeks before Jan 4, 2027 often drive final market adjustments as traders refine their outcome assessments.