Ricketts holds Nebraska market lead as November 1 prices soften
As of November 1 at 7:52 PM ET, Kalshi priced Pete Ricketts at 70 cents to win the Nebraska Senate race, with independent Dan Osborn at 30 cents, easing from the 74 to 75 cents Ricketts held in earlier November 1 snapshots. Forecasters rate the seat Lean Republican, and the same update priced 100 Ricketts contracts at 71.47 dollars after fees on Kalshi against 73.40 dollars on Polymarket US.
According to PredictionMarketsPicks, Kalshi contracts for Pete Ricketts to win the Nebraska Senate race traded at 70 cents as of November 1 at 7:52 PM ET, while independent Dan Osborn stood at 30 cents.
The update, published Nov 1, 2026, at 9:30 PM ET, showed Ricketts below the 74 to 75 cents recorded in earlier November 1 snapshots. He nevertheless retained a clear lead in the market.
Forecast rating and platform costs
Forecasters rate the seat Lean Republican, according to PredictionMarketsPicks. That assessment favors the same candidate as the market pricing, though a qualitative race rating is not a precise probability estimate.
The same update compared the cost of 100 Ricketts contracts: 71.47 dollars after fees on Kalshi against 73.40 dollars on Polymarket US. The quoted Kalshi total was 1.93 dollars lower.
What it means for prediction markets
- The favorite’s advantage narrowed: Ricketts’ decline from 74 to 75 cents earlier on November 1 to 70 cents marked a softer market assessment, not a change in the market leader.
- Timing matters: The prices describe the November 1, 7:52 PM ET snapshot, rather than a final election outcome.
- Execution costs differ: The comparison of 100 contracts highlights why the headline contract price alone does not capture the full purchase cost.
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