TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 11, 8:17 PM EST
Kalshi
This event concerns a Republican primary election for a U.S. Senate seat in South Carolina scheduled for 2026. The market tracks whether a candidate will win outright in the first round of voting by achieving the threshold needed to avoid a runoff election.
If any candidate receives the required threshold of votes to be declared the winner after the first round of voting in the 2026 South Carolina Senate special Republican primary, eliminating the need for any subsequent rounds, runoffs, or instant-runoff tabulations, then the market resolves to Yes.
Prediction market odds and traditional analyst forecasts often diverge because they reflect different methodologies. Analysts typically rely on polling aggregates, historical voting patterns, and qualitative judgment, while this market aggregates the collective bets of traders who have financial incentive to forecast accurately. Markets can move faster than published polls when new information surfaces, and they sometimes price in scenarios analysts underweight. Comparing the two reveals where the crowd's real-money conviction differs from expert consensus, offering traders an additional lens for assessing the race.
On Kalshi, this market is priced through a continuous order-book mechanism where buyers and sellers submit bids and offers for YES and NO contracts. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each contract reflects the marginal probability traders assign to an outright primary victory. As new information arrives—debate performances, endorsements, or polling shifts—traders adjust their positions, and the price moves to clear supply and demand. Tighter spreads indicate higher confidence and liquidity, while wider spreads suggest uncertainty or lower trading interest.
This market resolves around Aug 11, 2027, once the South Carolina Republican primary election has concluded and results are verified. The outcome is confirmed when credible public reporting establishes whether a single candidate has secured an outright majority or plurality of delegates, depending on the specific contest rules. Resolution hinges on the official primary result, not on subsequent endorsements, conventions, or campaign developments. Traders should monitor the official state election authority announcements and major news outlets for the final tally.
Major catalysts include new polling releases showing shifts in voter preference, high-profile endorsements from state or national figures, debate performances that reshape candidate viability, and campaign spending announcements. Unexpected candidate withdrawals or consolidations can dramatically alter the outright-win calculus. Media coverage of gaffes, scandals, or policy positions may also trigger repricing. Turnout models and early voting data closer to election day typically drive sharp market moves, as traders refine their probability estimates based on real voting behavior rather than hypothetical surveys.