SimpleFunctions
10 source contracts·Kalshi 10·refreshed just now·Closes Nov 7, 2028 · 883d

Will James Talarico be the Democratic Presidential nominee in 2028

Liquidity-weighted aggregate sits at 7% across 10 Kalshi contracts.

Implied probability

7%
0%50%100%

Kalshi

7%

10 contracts

Polymarket

not bound

Cross-venue gap

single venue

24h move

no pin

24h volume

$89K

10 contracts

Closes

Nov 7, 2028

883 days

30-day trend

0%50%100%-30d-3w-2w-1wtodayAggregate: 9% (30 days, 30 points)Aggregate: 9% on 2026-06-07
Aggregate of 10 contracts · 30d

Bracket families

10 clusters across 10 contracts.

These contracts were grouped by title similarity. The headline aggregate combines all clusters; verify the cluster you actually need before quoting a number.

Cluster 1

Will Pete Buttigieg be the Democratic Presidential nominee in 2028

1 contract$18K

Cluster 2

Will J.B. Pritzker be the Democratic Presidential nominee in 2028

1 contract$14K

Cluster 3

Will Rahm Emanuel be the Democratic Presidential nominee in 2028

1 contract$11K

Cluster 4

Will Gavin Newsom be the Democratic Presidential nominee in 2028

1 contract$11K

Cluster 5

Will Andy Beshear be the Democratic Presidential nominee in 2028

1 contract$9K

Cluster 6

Will Mark Kelly be the Democratic Presidential nominee in 2028

1 contract$8K

Cluster 7

Will Jon Ossoff be the Democratic Presidential nominee in 2028

1 contract$7K

Cluster 8

Will Alexandria Ocasio-Cortez be the Democratic Presidential nominee in 2028

1 contract$4K

Cluster 9

Will Kamala Harris be the Democratic Presidential nominee in 2028

1 contract$4K

Cluster 10

Will Josh Shapiro be the Democratic Presidential nominee in 2028

1 contract$3K

Analysis

This 8% probability reflects the likelihood that James Talarico, a Texas state representative, becomes the Democratic Party's presidential nominee in 2028. The current valuation sits between established figures like Kamala Harris (10%) and mid-tier candidates like Jon Ossoff (8%), suggesting markets see him as a long-shot contender. Talarico's relatively low probability reflects limited national prominence compared to governors, senators, and sitting vice presidents typically considered frontrunners. The main factors driving this level are his lack of executive experience at the federal level and lower name recognition outside Texas. The probability would increase if he gains significant media attention, wins statewide office, or performs notably in early primary contests. Primary election results in Iowa and New Hampshire in early 2028 will serve as major catalysts for resolving uncertainty about all Democratic candidates' viability, including lesser-known figures like Talarico.

  • Talarico holds a Texas state house seat with no statewide or federal executive experience, distinguishing him from higher-probability candidates who are governors or senators
  • His 8% probability matches Jon Ossoff's despite Ossoff being a sitting U.S. Senator, suggesting limited market confidence in Talarico's nomination prospects
  • Primary elections in Iowa (early February 2028) and New Hampshire will provide concrete evidence of candidate viability and voter support
  • The Democratic nominee will likely emerge from established national figures, with the top five long-shot candidates (Harris, Ossoff, Kelly, Emanuel, Pritzker) collectively representing similar odds to fringe candidates
  • Talarico would need significant intervening events—major legislative achievement, statewide campaign success, or breakthrough national media presence—to materially shift his probability upward

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.

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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.

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