NE Senate
Nebraska Senate winner? (2026)
643k contracts traded · 454k open
Nebraska has tightened into a lean, not a lock: Pete Ricketts defends against independent Dan Osborn, whose anti-incumbent coalition ran competitively here last cycle, and the market prices Ricketts in the low 70s rather than the safe-Republican range the map would suggest. Osborn in the high 20s is the live tail — a genuine independent threat a straight partisan rating flattens. This is the one red-state seat where the challenger, not the environment, is the story.
Quick Answer
As of August 27, 2026, Pete Ricketts leads the Nebraska Senate market at 70¢ — real money putting the implied probability at 70%. Forecasters rate the seat Lean R, so the gap between that rating and this price is the whole question.
Seat held by Pete Ricketts (R) — incumbent.
Why trust the price: prediction markets called all seven 2024 presidential swing states correctly, often while polling averages were still split. Our state-by-state audit grades where they missed too.

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)
643k contracts traded · 454k 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 lean 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.
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