Politics

Texas Senate Winner - 2026

Kalshi vs Polymarket, compared live. Resolves Nov 3, 2026 ·

Prediction market prices reflect trader sentiment, not a guaranteed outcome. Nothing on this page is financial advice or a promise of any return.

Ken Paxton

Kalshi
Chance of Yes51.0%
Bid 51.0% / Ask 52.0%
View on Kalshi
Polymarket
Chance of Yes50.5%
Bid 50.0% / Ask 51.0%
View on Polymarket
Best available price: Polymarket (+1 pts)
Last checked just now · refreshes automatically every 30s
KalshiPolymarket
0%43%85%Dec 4, 24Sep 7, 26
Sep 7, 2026Kalshi51.0%Polymarket50.5%

James Talarico

Kalshi
Chance of Yes49.0%
Bid 48.0% / Ask 49.0%
View on Kalshi
Polymarket
Chance of Yes50.5%
Bid 50.0% / Ask 51.0%
View on Polymarket
Best available price: Kalshi (+2 pts)
Last checked just now · refreshes automatically every 30s
KalshiPolymarket
0%30%60%Dec 4, 24Sep 7, 26
Sep 7, 2026Kalshi49.0%Polymarket50.5%
  • Fueled by an endorsement from President Trump, Ken Paxton managed to defeat John Cornyn in the GOP primary runoff in May with a 28-point landslide.
  • The Democratic nominee James Talarico has more cash on his side, outraising Paxton with more than $72m versus Paxton's $16.8m raised.
  • Despite the gap in their funding, the gap between their prices has been closing since the beginning of the race, now close to a coin flip with Paxton the slight favorite.
  • Polling has shown a different story though, with independent polls in late July and early August indicating a two to five point lead for Talarico.
By Owain Flanders · Updated by hand Aug 8, 2026
  • Resolves once Ken Paxton or James Talarico is sworn in as Texas' next U.S. Senator - Kalshi and Polymarket both track this as a Republican-vs-Democrat market, but Paxton and Talarico are the two parties' confirmed general-election nominees, so a party win is effectively a win for that nominee.
  • Covers any runoff scenario, though Texas Senate races don't have a general-election runoff - the November 3, 2026 result stands.
  • Kalshi can close the market early once the winner is officially declared, rather than waiting for the swearing-in.
  • Ongoing
    Whether Paxton agrees to a televised debate - his campaign says he will, but hasn't committed to a host, while Talarico has already accepted three
  • Ongoing
    Whether Talarico's fundraising lead and polling edge start moving the Kalshi/Polymarket price, which still favors Paxton
  • 2026-11-03
    Election Day - market resolution