Trader consensus favors billionaire Democrat Tom Steyer at 68% implied probability to win California's 2026 gubernatorial election, driven by Rep. Eric Swalwell's abrupt exit from the race this week, which consolidated Democratic support in the crowded nonpartisan top-two primary set for June 2. Recent polls, including one released two days ago, show Steyer leading fellow Democrats like San Jose Mayor Matt Mahan (8%) and Rep. Katie Porter (8%), while Republican Steve Hilton trails at around 5-6%; the California Teachers Association's April 14 endorsement and Steyer's self-funding—over $100 million—bolster his frontrunner status amid voter frustration with housing costs and affordability. A top-two finish advances candidates to November's general election, where Democrats historically dominate, though GOP challengers like Riverside Sheriff Chad Bianco persist at low odds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCalifornia Governor Election Winner
California Governor Election Winner
Tom Steyer 68.5%
Matt Mahan 9%
Katie Porter 8.2%
Steve Hilton 5.5%
$10,580,404 Vol.
$10,580,404 Vol.
Tom Steyer
68%
Matt Mahan
9%
Katie Porter
8%
Steve Hilton
5%
Xavier Becerra
5%
Chad Bianco
2%
Kamala Harris
1%
Betty Yee
<1%
Elaine Culotti
<1%
Antonio Villaraigosa
<1%
Rick Caruso
<1%
Stephen Cloobeck
<1%
Kyle Langford
<1%
Eleni Kounalakis
<1%
Tony Thurmond
<1%
Leo Zacky
<1%
Eric Swalwell
<1%
Alex Padilla
<1%
Butch Ware
<1%
Toni Atkins
<1%
Daniel Mercuri
<1%
Michael Younger
<1%
Nicole Shanahan
<1%
Tom Steyer 68.5%
Matt Mahan 9%
Katie Porter 8.2%
Steve Hilton 5.5%
$10,580,404 Vol.
$10,580,404 Vol.
Tom Steyer
68%
Matt Mahan
9%
Katie Porter
8%
Steve Hilton
5%
Xavier Becerra
5%
Chad Bianco
2%
Kamala Harris
1%
Betty Yee
<1%
Elaine Culotti
<1%
Antonio Villaraigosa
<1%
Rick Caruso
<1%
Stephen Cloobeck
<1%
Kyle Langford
<1%
Eleni Kounalakis
<1%
Tony Thurmond
<1%
Leo Zacky
<1%
Eric Swalwell
<1%
Alex Padilla
<1%
Butch Ware
<1%
Toni Atkins
<1%
Daniel Mercuri
<1%
Michael Younger
<1%
Nicole Shanahan
<1%
If the results of the election are not confirmed by July 31, 2027, this market will resolve to "Other".
The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in this state for the same candidate, this market will resolve based on official certification.
Market Opened: Oct 9, 2025, 7:21 PM ET
Resolver
0x2F5e3684c...If the results of the election are not confirmed by July 31, 2027, this market will resolve to "Other".
The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in this state for the same candidate, this market will resolve based on official certification.
Resolver
0x2F5e3684c...Trader consensus favors billionaire Democrat Tom Steyer at 68% implied probability to win California's 2026 gubernatorial election, driven by Rep. Eric Swalwell's abrupt exit from the race this week, which consolidated Democratic support in the crowded nonpartisan top-two primary set for June 2. Recent polls, including one released two days ago, show Steyer leading fellow Democrats like San Jose Mayor Matt Mahan (8%) and Rep. Katie Porter (8%), while Republican Steve Hilton trails at around 5-6%; the California Teachers Association's April 14 endorsement and Steyer's self-funding—over $100 million—bolster his frontrunner status amid voter frustration with housing costs and affordability. A top-two finish advances candidates to November's general election, where Democrats historically dominate, though GOP challengers like Riverside Sheriff Chad Bianco persist at low odds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions