The odds
as of Nov 2, 20:16 UTC- Herrera, 1+ pts 52% −1
- Herrera, 2+ pts 46% +6
- Herrera, 5+ pts 24% —
- Herrera, 8+ pts 21% +6
- Herrera, 11+ pts 19% +6
- Herrera, 14+ pts 14% —
- Herrera, 17+ pts 9.7% —
Each outcome here is its own yes/no question, so the chances don't add up to 100%.
Traded today$2K
Traded in all$37K
Favourite, 7 days−2 pts
Herrera, 1+ pts, the last 7 days
Kalshi priceOct 26: 55% · Oct 27: 54% · Oct 28: 56% · Oct 29: 53% · Oct 30: 55% · Oct 31: 54% · Nov 1: 53% · Nov 2: 53%
How it resolves
Kalshi's rule, word for word(Each outcome is its own contract. This is the rule for the favourite, Herrera, 1+ pts; the others read the same way with their own outcome.) If the Republican Party wins the 2026 U.S. House of Representatives election in Texas's 23rd District by 1 percentage points or more, then the market resolves to Yes. The margin of victory shall be calculated as follows based on the margin type. For percentage points: the vote percentage received by the Republican Party minus the vote percentage received by the candidate/party/option that finishes immediately behind the Republican Party if the Republican Party wins, or the candidate/party that finishes first if the Republican Party loses. Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If the Republican Party runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural the Republican Party will be summed. If the Republican Party wins the election, the margin will be positive. If the Republican Party loses the election, the margin will be negative. If the Republican Party ties for first place, the margin shall be 0. For uncontested races where the Republican Party is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
Settlement sources: Texas Secretary of State
See it on Kalshi ↗