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: 20d:00h:23m
$
This market tracks the outcome of the 2026 Montana U.S. Senate election, forecasting which party will win the race. Currently, the consensus probability estimates a 93.5% chance that Republicans will win the Montana Senate race. This prediction aggregates data from Polymarket and Kalshi, and will resolve according to the winner of the 2026 midterm election as determined by the Associated Press, Fox News, and NBC, inclusive of any run-offs. Traders should watch for the official certification of the election results, expected around January 4, 2027, to see how this market resolves.
This market will resolve according to the winner of the 2026 midterm Montana U.S. Senate election, inclusive of any run-offs. A candidate shall be considered to represent a party in the event that he or she is the nominee of the party in question. Candidates other than the Democratic or Republican nominee (e.g., Greens, Libertarian, independent) may be added at a later date. Candidates who run as independents will not be encompassed by the “Democrat” or “Republican” options regardless of any affiliation they may have with the party. The candidates may be named in the contract for the convenience of traders. In the event that any named candidate is replaced as the nominee of their respective party prior to election day, the name in the contract will be updated and the market will resolve based on the replacement nominee of the party. 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 the official certification.
The Montana Senate election in 2026 determines which party or independent candidate will hold the seat for the term beginning in 2027. Resolution occurs when a representative of the Republican party, Democratic party, or the Independent party is sworn in as Senator of Montana for that term.
Prediction market odds often offer a different perspective than traditional polling averages. While polls capture stated preferences, this market reflects what individuals are willing to *stake* on an outcome. This can lead to discrepancies, especially when considering factors like voter turnout or late-breaking events. Prediction markets tend to incorporate a wider range of information, including polling data, fundraising numbers, and expert analysis, resulting in a more nuanced forecast. It’s important to consider both sources of information when evaluating the Montana Senate election.
Prices on Polymarket and Kalshi can diverge due to several factors. Differences in user base, trading fees, and market-specific rules can all contribute to price discrepancies. 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. Furthermore, differing liquidity levels on each platform can impact price discovery. Currently, Polymarket currently favors Will the Republicans win the Montana Senate race in 2026? at 93.5%, while Kalshi leans toward Will the Republicans win the Montana Senate race in 2026? at 92.7%. These variations highlight the dynamic nature of prediction markets and the importance of considering multiple sources of information when assessing the Montana Senate election.
This market resolves around Jan 4, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The winner of the Montana Senate election, as declared by official election results, will determine the outcome. The resolution will be based on the candidate who receives the most votes and is certified as the winner by the relevant election authorities. This market provides a way to forecast the result of this important election before the official results are known.
Several factors could significantly impact this market before Jan 4, 2027. Major endorsements, significant fundraising announcements, and unexpected candidate gaffes could all shift trader sentiment. Changes in national political trends or economic conditions could also influence the perceived likelihood of different outcomes in the Montana Senate election. Furthermore, the release of new polling data, particularly if it deviates substantially from current expectations, could lead to substantial price movements. Any event that alters the perceived probability of a candidate's success has the potential to move this market.