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Which party wins the 2028 presidential election: Polymarket vs Kalshi odds

Updated September 24, 2026 · refreshed twice a day

Polymarket prices Democrats at 66.5% and Kalshi at 58.5%. The widest gap is on Democrats: 66.5% on Polymarket vs 58.5% on Kalshi (8.0 points). Prices checked September 24, 2026, before fees.

OutcomePolymarketKalshiGapCheaper to buy Yes
Democrats66.5%58.5%+8.0 ptsKalshi
Republicans33.5%41.5%-8.0 ptsPolymarket

Gap = Polymarket minus Kalshi, in percentage points, before fees. Polymarket odds page for this event

Frequently asked questions

Is Polymarket or Kalshi cheaper for Which party wins the 2028 presidential election?

Polymarket prices Democrats at 66.5% and Kalshi at 58.5%. The widest gap is on Democrats: 66.5% on Polymarket vs 58.5% on Kalshi (8.0 points). Prices checked September 24, 2026, before fees.

Why do Polymarket and Kalshi prices differ?

They are separate order books with different traders, fees and access rules, so the same outcome can trade a few points apart. Fees, deposit and withdrawal costs and settlement rules can erase a small gap.

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