Texas leads DraftKings election trading as Senate markets draw 49 percent
Covers reports a DraftKings Predictions spokesperson said Senate races account for nearly half, 49 percent, of the volume across all of the platform's election hub races, with the Texas Senate race between James Talarico and Ken Paxton its most traded market and Michigan second. DraftKings prices Democrats at 74 percent to win the Senate and 95 percent to take the House, in line with Kalshi and Polymarket.
Senate contests account for 49 percent of trading volume across DraftKings Predictions’ election hub races, according to Covers, citing a platform spokesperson. That puts nearly half of the hub’s activity in markets tied to control of the Senate.
Texas draws the most trading
The Texas Senate contest between James Talarico and Ken Paxton is the platform’s most traded election market, according to Covers. Michigan ranks second.
Those rankings identify where trading activity is concentrated, rather than which candidates traders expect to win. The supplied reporting does not include candidate-level prices for either race.
Prices favor Democratic control
DraftKings prices Democrats at 74 percent to win the Senate and 95 percent to take the House, according to Covers. The House price is therefore higher even as Senate races account for a substantial share of election-hub volume.
Covers describes those chamber-control prices as aligned with Kalshi and Polymarket. The report, published Nov 3, 2026, at 7:45 PM ET, provides a snapshot of pricing and activity, not final election outcomes.
What it means for prediction markets
- Volume and probability measure different things: The 49 percent figure describes Senate races’ share of election-hub trading, not the likelihood of either party winning.
- Texas and Michigan lead activity: Their trading rankings do not establish a favored candidate without corresponding contract prices.
- Chamber prices show a distinction: DraftKings assigns Democrats a higher probability of taking the House than winning the Senate, with pricing described as consistent with Kalshi and Polymarket.
Sources & attribution
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- Coverscovers.com
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- https://www.covers.com
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Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Covers”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
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- Six uncalled battlegrounds all price at 90c or higher for Democrats in the same 8:45 PM ET update
- House control climbs to 99 percent on both Polymarket and Kalshi, with expected Democratic seats up to 258.2, Polyguana reports
- Iowa Senate market jumps to 85 percent for Josh Turek in the open-seat race, Polyguana reports
- South Carolina Senate market runs to 91.5 percent for Annie Andrews after flipping earlier in the evening, Polyguana reports
- Mississippi Senate market holds Republican Cindy Hyde-Smith to 69.5 percent against Scott Colom at 30.5 percent, Polyguana reports