Who will run for the Democratic presidential nomination in 2028?

As of Tue, 20 Oct 2026 03:06:09 UTC, Kalshi traders price Pete Buttigieg (90.0%), Andy Beshear (87.0%), Rahm Emanuel (85.0%). The market has $1.0M in volume and closes on Sat, 01 Jan 2028.

Updated:

Current odds

OutcomeChanceYes priceNo price
Pete Buttigieg90.0%90.0¢10.0¢
Andy Beshear87.0%87.0¢13.0¢
Rahm Emanuel85.0%85.0¢15.0¢
Josh Shapiro81.0%81.0¢19.0¢
Gavin Newsom81.0%81.0¢19.0¢
J.B. Pritzker81.0%81.0¢19.0¢
Ro Khanna80.0%80.0¢20.0¢
Wes Moore77.0%77.0¢23.0¢
Cory Booker75.0%75.0¢25.0¢
Mark Kelly67.0%67.0¢33.0¢
Kamala Harris66.0%66.0¢34.0¢
Chris Murphy65.0%65.0¢35.0¢
Mitch Landrieu64.0%64.0¢36.0¢
Chris Van Hollen62.0%62.0¢38.0¢
Alexandria Ocasio-Cortez59.0%59.0¢41.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Pete Buttigieg:

If Pete Buttigieg announces a presidential campaign to contest the presidential nomination of the Democratic party for the 2028 U.S. presidential election before Jan 1, 2028, then the market resolves to Yes.

Sources

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