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Markets bet on whether the Republican party will win the governorship in Virginia

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Kalshi has reported 18,382 in volume over the last 24 hours on their market for “Will the Republican party win the governorship in Virginia”, making it one of the hottest markets on the platform today.

The market currently is implying a 11% chance for "Republican Party", which is neutral from yesterday, when the market implied a 11% probability.

If a representative of the Republican party is inaugurated as the governor of Virginia pursuant to the 2025 election, then the market resolves to Yes.

In total, this market has seen a volume of 1,096,728 transactions since it was first opened on November 07, 2024. There are 752,360 positions of open interest in this market, and the overall liquidity is sitting at 160,203,792 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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