SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Nov 7, 2028 · 887d

Will Donald Trump announce a run for President of the United States before Jan 1, 2028

Leader sits at 21% across 3 bound outcomes, runner-up at 15%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

21%

Before Election Day

runner-up 15¢leader 21¢

Outcomes

3

winner-take-all

Runner-up

15¢

Before 2028

Spread

6pp

contested

24h volume

$10

thin orderbook

Closes

Nov 7, 2028

887 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Election Day: 21% (18 days, 6 points)Before Election Day: 21% on 2026-05-15Before 2028: 15% (18 days, 8 points)Before 2028: 15% on 2026-05-28Before 2027: 4% (18 days, 8 points)Before 2027: 4% on 2026-06-03
Before Election Day21¢Before 202815¢Before 20274¢
Top 3 candidates by current price · 18d

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

This contract asks whether Donald Trump will publicly announce another presidential campaign before January 1, 2028. At 21%, the market suggests this outcome is unlikely but material—roughly one-in-five probability. The relatively low odds may reflect Trump's current focus on other political activities and the early timeframe; candidates often delay formal announcements until closer to election cycles. Key drivers include Trump's recent legal proceedings, his involvement in 2026 midterm endorsements, and whether he signals 2028 intentions through statements or political positioning. The most significant near-term catalyst would be Trump's public statements regarding his political future, particularly any declaration of candidacy or explicit statements ruling out another run. Market participants are also tracking his media activity and political priorities as indirect signals of 2028 intentions.

  • Trump's current legal exposure and ongoing cases, which could affect timing and likelihood of a 2028 announcement
  • His pattern of political engagement in 2026 midterms—heavy involvement might suggest focus on party influence rather than personal candidacy
  • Previous historical patterns: Trump announced his 2020 campaign in June 2015 and 2024 campaign in November 2022, suggesting late-cycle timing is typical
  • Media statements or Truth Social posts explicitly addressing 2028, either confirming or denying intent to run
  • The competitive Republican primary field and whether Trump faces credible challengers who force earlier clarification of his status

Recently closed in trump

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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