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Hobbs holds wide lead in Kalshi’s Arizona governor contract

Kalshi reports its Arizona governor market prices incumbent Democrat Katie Hobbs at 92.4 percent against Republican Andy Biggs at 7.6 percent, on about 2.25 million dollars of trading volume in the contract.

Kalshi’s Arizona governor market puts incumbent Democrat Katie Hobbs at 92.4 percent, compared with 7.6 percent for Republican Andy Biggs, according to Kalshi.

The figures were reported on Nov 3, 2026, at 3:15 PM ET. They reflect the market’s pricing at that point, rather than an election result.

Trading volume and the pricing gap

About 2.25 million dollars has been traded in the contract, according to Kalshi. That figure measures trading activity, not the number of participants or votes cast.

The reported prices place Hobbs well ahead of Biggs. The supplied snapshot does not include earlier prices, so it does not establish whether the market has recently shifted toward either candidate.

What it means for prediction markets

  • Hobbs is the clear market favorite: The 92.4 percent price contrasts with Biggs’s 7.6 percent, but does not establish the outcome.
  • Volume provides context, not confirmation: About 2.25 million dollars in trading does not independently validate the market’s assessment.
  • Timing matters: These prices describe the reported Nov 3, 2026, 3:15 PM ET snapshot; no price history was supplied.
KalshiInfiniti MarketsInfiniti Signals

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