TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 21, 7:23 PM EST
Kalshi
Description
The Revelstoke mayoral election in October 2026 will determine the next leader of the city. Voters in Revelstoke will choose among several candidates to select their preferred mayor. The outcome will reflect the community's priorities and the chosen candidate's ability to address local issues.
Kalshi
Each market corresponds to a specific candidate winning the 2026 Revelstoke mayoral election. If the named candidate is declared the winner, that market resolves to Yes; all others resolve to No. Markets are eligible for accelerated resolution through a consensus of media calls, meaning if major, widely-trusted news outlets unanimously report a winner, the market may close early based on that agreement rather than waiting for official certification. This mechanism balances timely resolution with reliability, using media consensus as a proxy for the final outcome.
Frequently asked questions
Currently, prediction market odds offer a distinct perspective compared to traditional polling data for the Revelstoke mayoral election. While polls capture a snapshot of voter sentiment at a specific moment, this market reflects continuously updated beliefs based on a wide range of information. Discrepancies can arise due to differing methodologies, sample biases in polls, or the market incorporating factors not captured in surveys, such as fundraising data or candidate debate performances. It’s important to consider both sources of information when forming an overall assessment of the race.
On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing each candidate’s probability of winning. The price of a contract directly reflects the implied probability of that outcome. As more traders participate, the prices converge to reflect the collective wisdom of the crowd. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market’s price movements are driven by supply and demand; if many traders believe a candidate’s chances are increasing, they will buy contracts, driving up the price and, conversely, selling will lower the price.
This market resolves around Dec 15, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The candidate who receives the most votes in the official Revelstoke mayoral election will be declared the winner, and that will determine the settlement of this market. The platform relies on publicly available election results to determine the winning candidate. It’s important to note that the resolution process focuses on the official, certified results of the election, not preliminary or unofficial counts.
Several factors could significantly impact this market between now and Dec 15, 2026. Major events like televised debates, significant endorsements from influential figures, or the release of new fundraising reports could all shift trader sentiment. Unexpected news stories concerning the candidates, such as controversies or policy announcements, could also cause price fluctuations. Changes in voter turnout projections or shifts in public opinion, as reflected in late-stage polling data, could also influence how traders position themselves in this market.
