TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 26d:10h:24m
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This market tracks the outcome of the 2026 Alaska U.S. Senate election, forecasting which candidate will win the seat. Currently, the consensus probability that Mary Peltola will win is 75.0%. This forecast aggregates data from Polymarket and Kalshi, and will resolve according to a consensus call from the Associated Press, Fox News, and NBC, or official certification. Keep an eye on the election results following November 10, 2026, as this date represents the estimated time of resolution for this market.
This market will resolve according to the winner of the 2026 midterm Alaska U.S. Senate election, inclusive of any run-offs, 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 this state for the same candidate, this market will resolve based on official certification.
For direct elections like this Senate race, the candidate who wins according to Alaska's electoral system and either is inaugurated/sworn in or reaches the scheduled inauguration date without a different candidate taking office is declared the winner. Resolution is based on official certification or declaration by the relevant electoral authority. If results are contested, the final certified outcome by the appropriate electoral authority or highest court with jurisdiction prevails. In cases of competing claims, the individual recognized by the hierarchical majority of designated source agencies is the winner. The market remains open until a rescheduled election occurs or two years from the original election date, whichever comes first. If results are annulled by a court or authority after announcement but before the winner takes office, the market stays open until the re-run election or expiration.
Prediction market odds, like those reflected 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, represents a continuous assessment of probabilities based on individuals putting their capital at risk. While polls may indicate a certain level of support for candidates, the prices here reflect what traders believe is the *most likely* outcome, incorporating a wider range of information and anticipating potential shifts in voter sentiment. The spread between market prices and polls can vary significantly depending on the specific race.
Prices on Polymarket and Kalshi can diverge due to several factors. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading rules, and liquidity, which can lead to differing interpretations of the same information. For example, Polymarket currently favors Will Mary Peltola win the 2026 Alaska Senate race? at 73.5%, while Kalshi leans toward Will Mary Peltola win the 2026 Alaska Senate race? at 76.0%. Differences in trading fees, market maker activity, and even the time of day can also contribute to these discrepancies. These variations are normal and reflect the dynamic nature of prediction markets.
This market resolves around Nov 10, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The winner of the Alaska Senate election, as declared by official election results, will determine the outcome of this market. Traders are betting on which candidate will ultimately secure the Senate seat. The resolution will be based on the official count and any legal challenges that may arise, ensuring a fair and accurate determination of the winner. This provides a clear and objective basis for settling the market.
Several signals or events could significantly impact this market. Major news events, such as candidate debates, endorsements from influential figures, or significant changes in campaign finance, could shift trader sentiment. Unexpected economic developments in Alaska or national political trends could also play a role. Polling data releases, while not always perfectly correlated with market prices, can still influence trading activity. Finally, any unforeseen circumstances affecting the candidates themselves – such as health issues or scandals – could lead to substantial price movements in this market.