With the latest round of elections now concluded in the United States, and Donald Trump and his running mate, JD Vance, bound for the White House next year, sportsbooks have not wasted any time, listing the odds for the 2028 election.
Kalshi Already Posting Odds for Next US Elections
Anyone who is keen to get an early start for the next election cycle can do so right away, with bettors now racing to bet on who the Democratic and Republican nominees for the next showdown will be, and who will become the United States’ 48th president.
Prediction market Kalshi, which topped the Apple App Store downloads for Free Apps, has already posted contracts for the next presidential election cycle, with the platform listing Pennsylvania Gov. Josh Shapiro as the favorite for the Democrats in 2028. Then again, he is most likely to run up against JD Vance, the man who is bound for the vice presidency in the White House next year.
Shapiro is followed by Gavin Newsom, California’s governor, who was long rumored to be one of the possible candidates for the presidency, although Democrats did lose a single electoral college vote in the state this election cycle.
Many popular names remain and are listed on Kalshi, with transportation secretary Pete Buttigieg still one of the possible picks, followed by Maryland Gov. Wes Moore, and slight chances given to former First Lady Michelle Obama as a possible contender for the presidency.
On the flip side, JD Vance is followed by the president-elect’s eldest son, Don Jr., who could also be tapped by the GOP for the presidency.
Proximity to Trump Raises Odds for Presidency
Florida Gov. Ron DeSantis, a once outspoken critic of Donald Trump, is given only a 4% chance to be nominated by his party, compared to Don Jr.’s 15%, and JD Vance’s 59%.
The Republican field seems to be somewhat leaner, as there are not many options to run as of right now, with the majority focused on Trump’s immediate inner circle. In the meantime, the new administration’s appointees are yet to be announced.
Elon Musk, a tech billionaire with a penchant for infuriating people on X, a social media platform he bought, is most likely going to assume a spot in the new administration.
Many other names that were heard during the election cycle are also suggested by Kalshi as possible appointees, including Robert Kennedy Jr. an independent candidate and scion of the Kennedys, who could get a pew in the new administration, and so can the Democrat-turned-Republican, Tulsi Gabbard, a former US representative.
In the meantime, bettors are expected to cash in a tidy sum having bet on Donald Trump to win the Presidency.