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Murphy leads Kalshi pricing as Smith gains in North Carolina

Covers reports Kalshi prices Republican Greg Murphy at 59 percent in North Carolina's 3rd district against Democrat Raymond Smith Jr. at 41 percent, with 575,261 dollars traded. Smith has gained significant ground over the last week, up from a 20 percent price.

Republican Greg Murphy holds a 59 percent market-implied chance in North Carolina's 3rd district on Kalshi, compared with 41 percent for Democrat Raymond Smith Jr., according to Covers.

The pricing snapshot, published Nov 3, 2026 · 12:00 PM ET, puts Murphy ahead while showing a substantial advance for Smith over the last week.

Smith’s price rises from 20 percent

According to Covers, Smith’s price has climbed from 20 percent to 41 percent over that period—a 21-percentage-point increase. Murphy remains the market favorite despite that shift.

Covers reports $575,261 traded in the market. That figure measures trading activity, not voter support; the reported percentages reflect market pricing rather than an election result.

What it means for prediction markets

  • The lead remains with Murphy: The 59 percent versus 41 percent pricing leaves an 18-percentage-point gap between the candidates.
  • The recent move favors Smith: His rise from 20 percent marks a significant repricing over the last week, but has not made him the favorite.
  • The explanation is limited: The supplied summary identifies neither a catalyst for the move nor additional evidence explaining traders’ changing expectations.
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Sources & attribution

Published
  1. Source
    Coverscovers.com
    Source URL
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