TOTAL VOLUME:

$142.4b

24H VOL:

$104,871,197

24H TRANSACTIONS:

2,643,541,936

OPEN INTEREST:

$1,592,701,755

469,827

Markets across

35,657

events

MATCHED EVENTS:

2,899

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

BETA
Dashboards
Tour
All
Elections
Iowa Governor margin of victory
kalshi

Iowa Governor margin of victory

Apr 29, 2026, 10:00 AM EST - Nov 3, 2027, 11:00 AM EST
Total volume:
$45,272
Volume 24h:
$5,179
509%
Liquidity:
N/AN/A
Open interest:
$31,965
18%

Democrats, 3+ pts

 - Kalshi

Democrats, 3+ pts - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Nov 3, 2027

Will the margin of victory for Democrats in the governor election in Iowa be at least 3 percentage points?

66%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 70¢ buys you 143 shares | Odds: 66% Total Payout: $143 | Net Profit: $43 Multiplier: 1.43x | ROI: 43% | APY: 40% 384 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

Democrats, 3+ pts

Trade
66%
Yes 70¢No 35¢
5¢
N/A
$11,053
24%
30%
$7,878
1y 2w
active
kalshi

Democrats, 6+ pts

52%
Yes 54¢No 48¢
2¢
N/A
$15,027
0.01%
32%
$7,263
1y 2w
active
kalshi

Democrats, 9+ pts

30%
3%
Yes 33¢No 70¢
3¢
N/A
$11,502
0.01%
12%
$9,382
1y 2w
active
kalshi

Democrats, 12+ pts

19%
Yes 19¢No 82¢
1¢
N/A
$5,161
14%
292%
$4,917
1y 2w
active
kalshi

Democrats, 15+ pts

7%
Yes 8¢No 93¢
1¢
N/A
$2,528
1,874%
2,041%
$2,525
1y 2w
active
kalshi

Sand, 1+ pts

N/A
N/A
9¢
N/A
N/A
N/A
N/A
N/A
1y 2w
active
Total markets: 6

Intro

This market on Kalshi tracks whether Democrats will win Iowa's 2026 gubernatorial election by at least 3 percentage points, currently priced at 43.0%. A secondary outcome asks if the Democratic margin reaches 6 percentage points or more, trading at 19.0%. Resolution follows the official results from the 2026 Iowa gubernatorial election. Watch the campaign dynamics and polling trends leading up to election day on November 3, 2026, as they will determine whether Democrats can achieve either threshold.

Kalshi

The margin of victory is calculated as the Democratic Party's vote percentage minus the vote percentage of the candidate or party finishing immediately behind them if Democrats win, or the vote percentage of the first-place finisher if Democrats lose. Margin ranges are inclusive of their lower bound and exclusive of their upper bound, with no rounding applied. For example, a margin of 5.99999% falls within the 5-6% range, while exactly 6% falls within the 6-7% range. If the Democratic Party runs under multiple party labels, votes are aggregated. A positive margin indicates Democratic victory, a negative margin indicates Democratic loss, and zero indicates a tie for first place. For uncontested races where Democrats are the only candidate, the margin is 100 percentage points.

Frequently asked questions

Currently, prediction market odds often reflect a different perspective than traditional polling averages. While polls attempt to capture a snapshot of current voter sentiment, this market aggregates the informed opinions of traders who are incentivized to accurately forecast the outcome. Discrepancies can arise due to differing methodologies, weighting, and the ability of market participants to incorporate a wider range of information beyond simple stated preferences. It’s common to see this market adjust rapidly to new information, potentially leading to divergences from polling data over time.

On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different outcomes in the Iowa Governor election, and the prices of these contracts reflect the market’s collective probability assessment. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of a contract is determined by supply and demand; if more traders believe an outcome is likely, the price of that contract will increase, and vice versa. This dynamic pricing mechanism allows the market to efficiently incorporate new information and adjust predictions accordingly.

This market resolves around Nov 3, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The final margin of victory in the Iowa Governor election, as reported by official election results, will determine the outcome. This market is designed to reflect the actual results of the election, providing a forward-looking assessment of the likely winner and the size of their victory. Traders will have until the resolution time to adjust their positions based on the latest available information.

Several signals or events could significantly move this market before resolution. Major endorsements, significant fundraising announcements, and unexpected shifts in economic conditions could all influence trader sentiment. Debates between candidates often lead to price adjustments, as do any major news events related to the candidates or their campaigns. Polling data releases, while not always directly correlated with market prices, can also contribute to movement. Unexpected events, such as a candidate withdrawing from the race, would likely cause substantial shifts in this market.