SimpleFunctions
PoliticsWinner-take-all · 3 outcomes3 contractsKalshirefreshed 2 min agoCloses Nov 3, 2027 · 543d

Who will win the 2026 Iowa Senate election

Leader sits at 58% across 3 bound outcomes, runner-up at 27%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

58%

Ashley Hinson

runner-up 27¢leader 58¢

Outcomes

3

winner-take-all

Runner-up

27¢

Josh Turek

Spread

31pp

contested

24h volume

$0

thin orderbook

Closes

Nov 3, 2027

543 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayJosh Turek: 27% on 2026-05-06Zach Wahls: 14% (2 days, 2 points)Zach Wahls: 14% on 2026-05-07
Josh Turek27¢Zach Wahls14¢
Top 2 candidates by current price · 2d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

The 58% probability reflects market expectations that Republican Ashley Hinson will win Iowa's 2026 Senate seat. This represents a substantial but not overwhelming advantage over Democrat Zach Wahls at 14% and independent Josh Turek at 26%. The current pricing reflects Hinson's incumbent status and recent electoral performance in Iowa, though the substantial runner-up probability suggests meaningful uncertainty about voter preferences heading into the general election. Key factors affecting this outcome include national political environment shifts, candidate fundraising and campaign performance, and demographic voting patterns in Iowa. The general election on November 3, 2026, will ultimately resolve the race, though primary outcomes and debate performances may significantly move probabilities in the months beforehand.

  • Ashley Hinson's 2022 Senate race performance and current approval ratings in Iowa
  • National midterm political dynamics and their specific impact on Midwest swing-state sentiment
  • Turnout and coalition composition in Iowa given demographic shifts since 2022
  • Candidate campaign infrastructure quality and fundraising disparities between Hinson, Wahls, and Turek
  • Iowa-specific economic conditions and voter priorities between primary elections and November 2026

Recently closed in election 2026

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Other questions in election 2026.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: 2 min ago.