NE Senate
Nebraska Senate winner? (2026)
343k contracts traded · 219k open
Nebraska prices as likely Republican with Pete Ricketts defending the seat, but it stays on the watch list because an independent challenger ran competitively here last cycle. The contract sits on Ricketts’ side, yet the tail — a strong independent consolidating the anti-incumbent vote — is exactly the scenario a straight rating flattens and the market occasionally leaves room for.

Pete Ricketts
Holds the seat and is on the 2026 ballot — read the live board below for the current market favorite.
Nebraska Senate winner? (2026)
343k contracts traded · 219k open
How to read this
Each contract pays $1 at resolution, so the price in cents is the market’s implied probability — a 58¢ contract is a 58% chance. When the leading price sits near 50¢, the market is telling you the race is a genuine coin flip.
The live board above shows the current market favorite — read each contract’s price as the market’s implied probability, so a 55¢ contract is a 55% chance. Going into the cycle the seat is held by Pete Ricketts (Republican) and rated likely r; because a real-money market reprices continuously, take today’s favorite off the price, not a static rating.
Kalshi lists the Nebraska Senate winner as a set of YES/NO contracts, one per outcome, each settling at $1 if it happens and $0 if it doesn’t. Buy the side you think is underpriced relative to your own probability, and the difference between your estimate and the market price is your edge. Kalshi is CFTC-regulated and open to traders in all 50 states; every price on this page links straight to the live market.
Prediction markets had a strong 2024 — Kalshi and Polymarket called all seven swing states correctly the night before, often while the polling averages were still split. Our full state-by-state scorecard, including where the markets missed, is in the 2024 accuracy audit linked below, and it’s the best base rate for how much to trust the Nebraska contract this cycle.
Get The 7 Oracles newsletter — midterm market alpha, free
No spam. Unsubscribe anytime.