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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.
KalshiPolymarketSenateDraftKingsElectionsInfiniti MarketsInfiniti Signals

Sources & attribution

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