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%
$
This market tracks which party will win the governorship of Vermont in the 2026 election. Currently, the consensus probability favors a Republican victory at 76.0%, while the Democrats are at 24.9%. This aggregated view combines data from Polymarket and Kalshi, with resolution determined by the Associated Press, Fox News, and NBC (Polymarket) and the inauguration of the elected governor (Kalshi). Traders should watch the Vermont primary elections scheduled for August 2026, as these results will significantly shape the competitive landscape and potential outcomes of the general election.
This market will resolve according to the winner of the 2026 Vermont gubernatorial election. 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 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 market resolves based on which party's representative is inaugurated as governor of Vermont following the 2026 election. A Democratic party representative or Republican party representative being inaugurated resolves the market to Yes for their respective outcome.
Prediction market odds often offer a distinct signal compared to traditional polling averages. Polling reflects stated preferences, while this market reflects incentivized beliefs – traders put their money where their predictions are. While both can be valuable, prediction markets can sometimes be more accurate, especially closer to the event date, as they incorporate a wider range of information and are continuously updated. The current price action suggests a different narrative than some recent polls, and it's important to consider both sources when evaluating the Vermont Governor election.
Prices on Polymarket and Kalshi can diverge due to several factors. Differences in trader demographics, liquidity, and market-specific rules 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. Each platform also attracts different types of traders, leading to varying interpretations of available information. Currently, Polymarket currently favors Will the Republican party win the governorship in Vermont at 74.5%, while Kalshi leans toward Will the Republican party win the governorship in Vermont at 77.0%. These differences highlight the dynamic nature of prediction markets and the importance of considering multiple sources of information.
This market resolves around Jan 5, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the official results announced by the Vermont Secretary of State’s office. Traders will be able to see the final outcome and settlement details on both Polymarket and Kalshi following the official announcement. The winning candidate in the Vermont Governor election will determine the outcome of this market.
Several events could significantly impact this market. Major endorsements, unexpected shifts in polling data, significant campaign finance disclosures, and any unforeseen controversies surrounding the candidates could all move the odds. Debates and candidate town halls are also key catalysts, as they provide opportunities for candidates to sway public opinion. Any news impacting the Vermont political landscape could influence trading activity and shift the probabilities reflected in this market. A major national political trend could also influence the Vermont Governor election.