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Markets bet on whether Yes will outperform the final VoteHub average margin of victory in California's Prop 50 referendum

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Kalshi has reported 42,283 in volume over the last 24 hours on their market for “Will Yes outperform the final VoteHub average margin of victory (“spread”) at 10:00 AM ET on Nov 4, 2025 in California's Prop 50 referendum?”, making it one of the hottest markets on the platform today.

The market currently is implying a 98% chance for "Yes", which is neutral from yesterday, when the market implied a 98% probability.

If Yes on Prop 50's margin of victory outperforms the final VoteHub average margin of victory (Yes minus No) at 10:00 AM ET on Nov 4, 2025 in the California Proposition 50 in California, then the market resolves to Yes.

In total, this market has seen a volume of 94,653 transactions since it was first opened on October 25, 2025. There are 31,417 positions of open interest in this market, and the overall liquidity is sitting at 179,438 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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