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%

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Elections
Texas Senate: Exact outcome
kalshi

Texas Senate: Exact outcome

Mar 20, 2026, 10:00 AM EST - Jan 3, 2028, 10:00 AM EST
Total volume:
$436,276
Volume 24h:
$3,716
17%
Liquidity:
N/AN/A
Open interest:
$287,842
1%

Talarico defeats Paxton

 - Kalshi

Talarico defeats Paxton - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 3, 2028

Will GOP Nominee be Ken Paxton AND General Election Winner be Democrat for Jan 2027?

63%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 63¢ buys you 159 shares | Odds: 63% Total Payout: $159 | Net Profit: $59 Multiplier: 1.59x | ROI: 59% | APY: 46% 445 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

Talarico defeats Paxton

Trade
63%
1%
Yes 63¢No 38¢
1¢
N/A
$141,870
0.31%
6%
$89,937
1y 2mo 2w
active
kalshi

Paxton defeats Talarico

38%
Yes 39¢No 62¢
1¢
N/A
$248,768
1%
14%
$171,420
1y 2mo 2w
active
kalshi

Cornyn defeats Talarico

0%
Yes 100¢No 100¢
100¢
N/A
$24,775
N/A
N/A
$15,100
1y 2mo 2w
No
kalshi

Talarico defeats Cornyn

0%
Yes 100¢No 100¢
100¢
N/A
$20,863
N/A
N/A
$11,385
1y 2mo 2w
No
Total markets: 4

Description

A political figure will be nominated as a presidential candidate by a major party, and a general election will occur before January 2027, with the outcome potentially favoring either political party.

Kalshi

This event comprises four distinct combination markets, each requiring all specified conditions to occur before January 2027 for payout. The first market resolves Yes if John Cornyn is the GOP nominee and a Democrat wins the general election. The second resolves Yes if Cornyn is the GOP nominee and a Republican wins. The third resolves Yes if Ken Paxton is the GOP nominee and a Democrat wins the general election. The fourth resolves Yes if Paxton is the GOP nominee and a Republican wins. Each combination market is all-or-nothing: if any single component fails to occur or becomes impossible, the entire contract immediately resolves No. Component outcomes are determined according to their corresponding Kalshi rulesets for GOP nomination and general election winner. All conditions must be satisfied before January 2027.

Frequently asked questions

Currently, prediction market odds offer a distinct perspective compared to traditional polling averages for the Texas Senate election. Polling data often reflects a snapshot in time and can be influenced by methodology, while this market represents a continuous assessment of probabilities based on informed traders. Discrepancies can arise due to differing assumptions about voter turnout, the impact of late-breaking events, or simply a different weighting of available information. It’s important to consider both sources when forming an overall view of the race.

On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing different outcomes in the Texas Senate election. The price of each contract reflects the market’s implied probability of that outcome occurring. As more traders participate, the prices adjust 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 depth – the volume of buy and sell orders at various price points – indicates how readily traders can execute their strategies.

This market resolves around Jan 3, 2028, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on the official results declared by relevant election authorities for the Texas Senate election. The market will determine which candidate ultimately wins the seat, reflecting the final vote count. Traders will then be paid out or have their funds returned based on whether their predictions aligned with the official outcome.

Several factors could significantly impact this market leading up to Jan 3, 2028. Major endorsements, significant fundraising announcements, or unexpected shifts in polling data could all cause price movements. Debates between candidates, particularly if one performs exceptionally well or poorly, are likely to generate volatility. Furthermore, any unforeseen events – such as a scandal or a major policy announcement – could also influence traders’ perceptions and shift the odds in the Texas Senate election. Changes in the national political landscape could also have an effect.