Colom dominates market odds as Mississippi Senate result remains unresolved

Prediction markets strongly favored Democrat Scott Colom on Thursday afternoon even as Mississippi’s Senate race against Republican incumbent Cindy Hyde-Smith remained too close to call, according to the Clarion Ledger.

Prices point to a clear favorite

Kalshi put Colom’s chances at 97.3 percent, with just over 30.2 million dollars wagered on the contest. Polymarket showed a similar assessment, pricing Colom at about 97.2 percent on about 3.65 million dollars in trading, according to the Clarion Ledger.

More than 95 percent of the vote had been counted. The Clarion Ledger update, published Nov 5, 2026 at 3:45 PM ET, therefore described a race in which market confidence in Colom was high but the electoral outcome remained unresolved.

Reported activity leaves a discrepancy

The Clarion Ledger headline described more than 35 million dollars wagered across Kalshi and Polymarket. The individual platform figures supplied, however, add up to roughly 33.85 million dollars. The available material does not explain the difference between that total and the headline figure.

What it means for prediction markets

• Strong agreement across platforms: Colom’s quoted prices were separated by about 0.1 percentage point, showing closely aligned market assessments.
• High probability is not a declared result: Prices above 97 percent reflected expectations, while the race remained too close to call with more than 95 percent counted.
• Volume needs qualification: The reported combined activity exceeded 35 million dollars in the headline, but the supplied platform breakdown does not substantiate that total.