Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
California's 3 November governor's race is Democrat Xavier Becerra against Republican Steve Hilton, the top two from the 2 June primary. Election markets on Kalshi and Polymarket US let Californians trade the winner, and the prices update as polls and early returns come in. California hasn't elected a Republican governor since Arnold Schwarzenegger, who left office in 2011.
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Last checked October 27, 2026
How we got here
In California's top-two primary on 2 June 2026, Becerra finished first with about 28% of the vote. Hilton, a former Fox News host endorsed by President Trump in April, took second with about 25%, narrowly ahead of Tom Steyer. Under the top-two system, the two leaders advance whatever their party.
What the markets cover
Winner of the governor's race: a yes/no contract on each candidate.
Margin or party-control markets where an app lists them.
Prices move every day, so we don't type them here. Check the live price in each app before you trade.
Key dates
Date
What happens
3 November 2026
Election Day: polls open 7 a.m. to 8 p.m. PT
From 3 November evening
Results start; California counts mail ballots for days, so a market can settle well after election night
These apps are available to eligible California residents (court disputes pending over sports contracts; status re-checked 16 October 2026). The platforms' minimum age is 18; we recommend 21+. Trading involves risk.
How a governor contract settles
A "Yes" contract on the winner pays $1 once the result is certified or the app's settlement source confirms it; the other side pays $0. Read each market's rules: some settle on certification, which in California can take weeks.
OG: Trade $25 Get $50 in Rewards! (New users only) (code CAPREDICTS) · 42 states + D.C. Claim on OG (opens in a new tab) Paid partnership with OG. Terms and conditions apply. Trading derivatives involves risk and may not be appropriate for all. Availability subject to jurisdictional limitations. For more information, visit: OG.com.
ProphetX: Trade $50, Earn $75! (code CAPREDICTS) · 49 states + D.C. Claim on ProphetX (opens in a new tab) New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
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