2028 presidential forecast

White House Odds Watch

Democrats 67.5% to win
Democrats 67.5%Republicans 32.5%
Dem +0.0 pts vs prior snapshot
Source: Polymarket
Updated: 2026-11-05 09:00 AM EST
Market-implied odds of which party wins the 2028 presidential election. View Senate ForecastView House Forecast

How often it updates

This publication updates once per hour. Each refresh pulls the latest prices from both Polymarket and Kalshi.

What prediction market it uses

The headline comes from Polymarket's "Which party wins 2028 US Presidential Election?" market, the deepest party-level market available: when this page was built it had roughly seven times as much money resting within two cents of the current price as Kalshi's equivalent. Kalshi's "2028 Presidential Election winner? (Party)" market is shown alongside as a cross-check, and becomes the headline automatically if Polymarket can't be reached.

Methodology

Each probability is the midpoint between the best bid and best ask for the Democratic contract; the Republican figure is the remainder. Polymarket settles when the AP, Fox News and NBC all call the race for the same party, while Kalshi settles on which party's candidate is inaugurated, so the two should agree in practice; any gap between them reflects differences between the two trading venues rather than different questions. These are market prices, not a polling model.

Democratic odds, last 90 days

Daily Democratic odds of winning the 2028 presidency on Polymarket and Kalshi

Markets

MarketDemRepDem Last WkDem Last Mt
Polymarket (headline)67.5%32.5%64.5%64.5%
Kalshi65.5%34.5%59.5%58.5%