Sharpbook
Kalshi· Elections· open· settles 2028-11-07

Will Phil Murphy be the Democratic Presidential nominee in 2028? — Phil Murphy

Open on KalshiYes last at 0¢

The catch

  • Murphy must both win and accept the nomination; winning alone is not enough.
    If Phil Murphy wins and accepts the nomination for the Presidency for the Democratic party in 2028, then the market resolves to Yes. market rules

Pays out only if

  • Phil Murphy wins and accepts the Democratic Party's nomination for President in 2028.
    If Phil Murphy wins and accepts the nomination for the Presidency for the Democratic party in 2028, then the market resolves to Yes. market rules
  • The other party has to be the Democratic Party
    If Phil Murphy wins and accepts the nomination for the Presidency for the Democratic party in 2028, then the market resolves to Yes. market rules
  • Decided at the event on November 30, 2028
    The Expiration Date of the Contract shall be the sooner of the date of the first 10:00 AM ET following the occurrence of an event encompassed by the Payout Criterion for any candidate or the day of the November popular vote for the Presidency in <election year>. contract terms
  • Counts as done when: the first person to be nominated by the party and accept the nomination
    The Payout Criterion for the Contract encompasses the Expiration Values that <candidate> is the nominee (they are the first person to have been nominated by the party and to have accepted the nomination) for <political party> in <election year>. contract terms
  • Decided by: Democratic Party
    The Source Agency is <political party>. contract terms

Does not count

  • Being nominated but not accepting the nomination does not count.
    The Payout Criterion for the Contract encompasses the Expiration Values that <candidate> is the nominee (they are the first person to have been nominated by the party and to have accepted the nomination) for <political party> in <election year>. contract terms
  • Phil Murphy wins the nomination but declines to accept itour reading
  • Phil Murphy is nominated but someone else is nominated first and acceptsour reading
  • Phil Murphy accepts a nomination after the November 2028 popular vote dayour reading

Watch out

  • WATCHSome obvious wins don't count
  • WATCHThe venue keeps a right to review the outcome
    Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(c) of the Rulebook. contract terms
  • NOTEA specific counterparty is named
    If Phil Murphy wins and accepts the nomination for the Presidency for the Democratic party in 2028, then the market resolves to Yes. market rules

Read on 2026-09-10. Click a line for the sentence it rests on. Facts and gaps only — not a prediction.

The rules, in plain English

If Phil Murphy wins and accepts the Democratic Party's nomination for President in 2028, the market resolves to Yes.

What the rules leave open

  • What constitutes formal acceptance of the nomination is not defined.
    closest the rules come: The Payout Criterion for the Contract encompasses the Expiration Values that <candidate> is the nominee (they are the first person to have been nominated by the party and to have accepted the nomination) for <political party> in <election year>. contract terms
  • Whether revisions to the nomination or acceptance after the Expiration Date would affect settlement is unclear, given that revisions to the Underlying are not accounted for but the specific scenario of withdrawal is not addressed.
    closest the rules come: Revisions to the Underlying made after Expiration will not be accounted for in determining the Expiration Value. contract terms