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Insurance Commissioner race winner? on Kalshi

If the Republican Party wins the 2028 Washington Insurance Commissioner election, then the market resolves to Yes.

Settles on: Associated Press, Decision Desk HQ, NBC News, US State Governments, New York Times, Fox News, CNN, CBS News, ABC News.

Market says (typical open contract)
50%
Median YES price across 12 open contracts, 10 Nov 2026 17:55 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
100% 😈
Mostly luck. The market itself expects the favorite to lose this often; the fee is the only certainty.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
30¢1.5¢$2.4531.5%
50¢ (now)1.8¢$1.7551.7%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

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Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
Will the Republican Party win the 2028 Washington Insurance Commissioner race? · Republican party6¢6%0.4¢—12%0Nov 07, 15:00 UTC
Will the Democratic Party win the 2028 Washington Insurance Commissioner race? · Democratic party94¢94%0.4¢—12%0Nov 07, 15:00 UTC
Will the Republican Party win the 2028 North Dakota Insurance Commissioner race? · Republican party50¢50%1.8¢—100%0Nov 07, 15:00 UTC
Will the Democratic Party win the 2028 North Dakota Insurance Commissioner race? · Democratic party50¢50%1.8¢—100%0Nov 07, 15:00 UTC
Will the Republican Party win the 2028 North Carolina Insurance Commissioner race? · Republican party50¢50%1.8¢—100%0Nov 07, 15:00 UTC
Will the Democratic Party win the 2028 North Carolina Insurance Commissioner race? · Democratic party50¢50%1.8¢—100%0Nov 07, 15:00 UTC
Will the Republican Party win the 2027 Mississippi Insurance Commissioner race? · Republican party94¢94%0.4¢—11%0Nov 02, 14:00 UTC
Will the Democratic Party win the 2027 Mississippi Insurance Commissioner race? · Democratic party6¢6%0.4¢—11%0Nov 02, 14:00 UTC
Will the Republican Party win the 2027 Louisiana Insurance Commissioner race? · Republican party50¢50%1.8¢—100%0Nov 20, 15:00 UTC
Will the Democratic Party win the 2027 Louisiana Insurance Commissioner race? · Democratic party50¢50%1.8¢—100%0Nov 20, 15:00 UTC
Will the Republican Party win the 2028 Delaware Insurance Commissioner race? · Republican party50¢50%1.8¢—100%0Nov 07, 15:00 UTC
Will the Democratic Party win the 2028 Delaware Insurance Commissioner race? · Democratic party50¢50%1.8¢—100%0Nov 07, 15:00 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

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