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political forecasts
  The broadsheet of prediction markets  
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2028 US Presidential Election Odds

The 2028 US presidential election will choose the 47th president. Trump is term-limited. The Republican and Democratic fields will form through 2026-2027 with primaries beginning early 2028.

Odds over time

Filed
Awaiting market data

Live odds will appear here when a market opens on Polymarket or Kalshi. This page auto-updates as data becomes available.

Candidates

This page tracks the 2028 us presidential election across prediction markets. Polymarket typically opens a binary or categorical market for the headline question — who wins — and then adds a cluster of satellite markets: party control, primary winners, vote margins. Kalshi's political-event contracts add CFTC-regulated US access to many of the same questions.

Editorial expansion lives alongside the live odds: historical context, candidate biographies, key calendar dates, and comparisons between Polymarket's implied probability and polling aggregators such as 538, RealClearPolitics, Cook Political Report, and Nate Silver's Silver Bulletin.

The last open-seat US presidential race was 2016. Prediction markets have covered presidential contests since at least 2004 (Iowa Electronic Markets) and have generally tracked the eventual winner closer than pundit consensus, though 2016 and 2024 both saw market divergence from media narrative.

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Live markets for this race

Dateline
  1. Primary filing window opens for most states
  2. Candidate fundraising reports (Q2 2027) begin shaping expectations
  3. Iowa caucus (approx.)
  4. Super Tuesday (approx.)
  5. Primary calendar concludes
  6. Republican National Convention
  7. Democratic National Convention
  8. General Election Day
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Readers Ask

Frequently asked questions

Who is favored to win the 2028 US Presidential Election?+
The Polymarket market for this race has not opened yet or no current favorite is available. Check the live odds above once markets are active.
When is the 2028 US Presidential Election?+
Election day is November 7, 2028.
How accurate is Polymarket for elections?+
Polymarket correctly priced the 2024 US presidential election, showing Trump as favored weeks before Election Day when traditional models still leaned toward Harris. Historical accuracy varies by race; see our track record.
Can I bet on this election in the US?+
Polymarket is not legal for US residents. Kalshi is CFTC-regulated and offers many political-adjacent event contracts legally in all 50 states. Where Kalshi lists this race, we link to it above.
How do I convert Polymarket prices to probabilities?+
A YES share trading at $0.42 implies a 42% probability. See our methodology page for the full explanation of how market prices map to probabilities.
Citations
The Sunday Digest
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