VA Senate
Virginia Senate winner? (2026)
19k contracts traded · 7.8k open
Virginia is a safe Democratic hold with Mark Warner running for re-election, though it is worth watching as the most competitive of the “safe” Democratic seats. The market prices it firmly Democratic, but the state’s off-year swings mean the contract carries a slightly fatter tail than the deep-blue holds — the kind of seat a national wave would test first.
Mark Warner
Holds the seat and is on the 2026 ballot — read the live board below for the current market favorite.
Virginia Senate winner? (2026)
19k contracts traded · 7.8k 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 Mark Warner (Democrat) and rated safe d; because a real-money market reprices continuously, take today’s favorite off the price, not a static rating.
Kalshi lists the Virginia 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 Virginia contract this cycle.
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