TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 19, 10:24 AM EST
Polymarket
This market will resolve according to the individual who places second in the Republican Primary for Governor of Florida, scheduled to take place on August 18, 2026. The named candidates will be primarily ranked by the number of valid votes received in the specified election. If two or more candidates are tied on valid votes, ties will be broken by alphabetical order of the candidates' last names. This market will resolve to the candidate that occupies the second-highest finishing position after applying this ranking. If the results are not known definitively by December 31, 2026, 11:59 PM ET, this market will resolve to "Other". The resolution source for this market will be the official results of the election; however, an overwhelming consensus of credible reporting may suffice.
This market will resolve according to the individual who places second in the Republican Primary for Governor of Florida, scheduled to take place on August 18, 2026. The named candidates will be primarily ranked by the number of valid votes received in the specified election. If two or more candidates are tied on valid votes, ties will be broken by alphabetical order of the candidates' last names. This market will resolve to the candidate that occupies the second-highest finishing position after applying this ranking. If the results are not known definitively by December 31, 2026, 11:59 PM ET, this market will resolve to "Other". The resolution source for this market will be the official results of the election; however, an overwhelming consensus of credible reporting may suffice.
Prediction market odds and polling averages often diverge because they measure different things. Polls capture voter sentiment at a single moment, while this market reflects traders' collective expectations about the actual outcome, incorporating private information, campaign momentum, and real-time events. Markets typically adjust faster than polls and can price in late-breaking developments. However, both tools have value: polls show current voter preference, whereas market odds reveal where informed participants believe the race is heading. Comparing the two can highlight surprises or shifts in candidate viability.
On Polymarket, this market is priced through an automated market maker that converts trader buy and sell orders into real-time probability estimates. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each candidate's contract trades between 0 and 100 cents, where the price directly reflects the implied probability of finishing second. As traders buy or sell a candidate's contract, the price moves, allowing the market to continuously update its forecast. This mechanism ensures prices remain responsive to new information and trading activity throughout the event window.
This market resolves around Aug 18, 2026, once the Florida Republican primary election has concluded and results are verified. The outcome is determined by identifying which candidate finishes in second place in the official vote count. Resolution is confirmed when the result becomes verifiable from credible public reporting and official state election sources. Until that point, the market remains open for trading, allowing participants to adjust positions as primary day approaches and new information emerges.
Major catalysts include candidate endorsements from prominent Florida Republicans, debate performances, campaign spending announcements, and shifts in voter preference revealed by credible polls. Unexpected candidate withdrawals or entries could dramatically reshape the race. Media coverage of gaffes, policy positions, or personal controversies can swing trader sentiment quickly. Turnout models and early voting data closer to election day often trigger sharp repricing. Additionally, changes in national political dynamics or shifts in the broader Republican landscape may influence how traders assess each candidate's viability for second place.