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Election Betting Odds Today: Polymarket $25, Kalshi $55 Bonus for Midterms

Election Betting Odds Today: Polymarket $25, Kalshi $55 Bonus for Midterms article feature image
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Action Network. Election betting odds graphic with Polymarket and Kalshi promo codes and bonuses for the midterms.

Today's election betting odds put Democrats at 73% to win the Senate. Trade them with the Polymarket promo code ACTION for a $25 trading bonus after a $10 deposit, or the Kalshi promo code ACTION55 to get $55 for a $25 trade.

Both offers are open in select states.

Election betting odds keep shifting on Election Day. Follow our midterm election coverage all day, and see the latest Talarico vs. Paxton odds before you trade.


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What Are the Polymarket and Kalshi Promo Codes for Election Betting?

Enter the Polymarket promo code ACTION at sign-up, then fund your account to receive the bonus. The Kalshi promo code ACTION55 pays $55 when you trade $25.

Both are betting site options election traders use for Senate, House, and governor markets. You must be 18 or older. The offers are open in AK, AL, AR, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, ME, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NY, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV, WY.

PlatformOfferSign-Up Link
PolymarketDeposit $10 for a $25 trading bonusACTION
KalshiTrade $25 to get $55ACTION55

How to Start Betting on Election Day With Polymarket and Kalshi

On Polymarket:

  1. Sign up for Polymarket and enter the code ACTION.
  2. Finish the registration steps.
  3. Make a $10 deposit.
  4. Place your first trade, such as Polymarket Senate control 2026. Our how to bet on Polymarket guide covers each screen.

On Kalshi:

  1. Sign up for Kalshi and enter the code ACTION55.
  2. Complete your Kalshi profile.
  3. Add funds to your account.
  4. Trade $25 on a market like the Texas Senate winner to get $55. Our how to bet on Kalshi guide walks through it.

Election Betting Odds Today: Polymarket Midterms and Kalshi Midterms

Here are the election betting odds on Nov. 3, in cents. A winning contract pays $1.

Prediction markets post betting odds on election outcomes as prices, not American odds. The Polymarket midterms and Kalshi midterms boards agree within a few cents.

MarketKalshiPolymarket
Talarico wins Texas Senate72¢72¢
Paxton wins Texas Senate29¢29¢
El-Sayed wins Michigan Senate77¢77¢
Jackson wins Maine Senate70¢69¢
Democrats win the Senate73¢73¢
Democrats win the House93¢93¢

Betting Odds 2026 Midterms Senate: Control Prices

The betting odds 2026 midterms Senate picture is simple. Republicans hold a 53-47 edge, so Democrats need to gain four seats.

Polymarket Senate control 2026 and Kalshi Senate 2026 both price Democrats at 73¢. Kalshi's market can settle early if at least four of eight outlets make the same call.

Talarico vs. Paxton Prediction: Texas Senate Polymarket and Kalshi

  • Texas Senate Polymarket: Talarico 72¢, Paxton 29¢.
  • Kalshi Texas Senate race: Talarico 72¢, Paxton 29¢, with more than $95 million traded.
  • Texas Senate race Kalshi margin market: Talarico by about 2.7 points.

Paxton vs Talarico Polymarket traders and Talarico vs Paxton Kalshi traders see a tighter race in the polls. A Quantus survey from Oct. 26 to 28 had Paxton ahead 48.7% to 47.6%.

Through Oct. 23, early voters with a Democratic primary history outnumbered Republicans by about 75,000, per analyst Derek Ryan. Decision Desk HQ's model gave Talarico only 55% as of Nov. 1.

Talarico Kalshi and Kalshi Talarico trades run through the same Texas Senate Kalshi board. Kalshi Texas Senate and Polymarket Texas Senate buyers share one story: no Democrat has won a Texas Senate race since Lloyd Bentsen in 1988.

Michigan Senate Polymarket, Kalshi Michigan Senate, Maine, and More

Michigan Senate Polymarket traders have Abdul El-Sayed at 77¢ against Mike Rogers. Kalshi Michigan Senate has him at 77¢ too. Polymarket Michigan Senate buyers also see a Mitchell Research poll from Oct. 28 with El-Sayed up 51% to 44%.

In Maine, Kalshi Maine Senate has Troy Jackson at 70¢ over Susan Collins, and Polymarket Maine Senate has him at 69¢. A University of New Hampshire poll has Jackson ahead 54% to 45%.

Georgia is lopsided, with Jon Ossoff at 97¢ on Polymarket and 96.6¢ on Kalshi. Kansas is closer, with Democrat Hamilton at about 63% on both platforms.

US Election Betting Beyond the Midterms

US election betting here means trading event contracts, not placing sportsbook bets. US presidential election betting and the best US presidential election betting sites are worth a look after tonight. Compare your options in our best prediction market apps, or see how the two platforms stack up in our Kalshi vs. Polymarket comparison.

Outside elections, the CLARITY Act Polymarket market has stayed well under 50¢ for 2026 passage since the summer. Polymarket CLARITY Act traders are still waiting on the Senate floor.

Talarico vs. Paxton Prediction: Reading the Prices

Whatever side you take, the price matters more than the headline. A 72¢ Talarico contract risks 72¢ to make 28¢.

A 29¢ Paxton contract risks less and pays more. The polls say this Talarico vs. Paxton prediction is closer than the market's 72%.

If you like our content and picks, sign up on Polymarket with code ACTION, or sign up on Kalshi with code ACTION55, and start trading.

Why pick one? Use the Polymarket promo code ACTION for your $10 deposit, then add the Kalshi code ACTION55 for your $25 trade. Place both first trades today.

Election betting odds move fast once polls close, and politics betting prices can swing on early county returns. Check our election night guide to poll closing times first. Still need to vote? Find your polling place with Kalshi's My Ballot tool.

Track every result on our live midterm elections tracker. Compare more offers in our best prediction market promos, or read our Polymarket review and Kalshi review first.

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/55. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Not available in AZ, IL, MA, MD, MI, MT, NV, OH, and WA.

Author Profile
About the Author

Nick Sterling is the Manager of Commercial News at the Action Network, where he writes and manages Top Stories commercial content focused on sportsbook promotions and major sporting events. His work centers on helping readers find the best betting offers and understand key opportunities across the sports calendar. A graduate of Towson University (Class of 2020), Nick is especially passionate about NASCAR and the NFL. Outside of work, he enjoys running, watching and betting on sports, and spending time with friends and family.

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