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2026 Iowa Senate race odds: Kalshi prediction markets show 52% probability for one side of Ashley Hinson vs. Josh Turek
Prediction markets like Kalshi allow you to trade on the outcome of the Iowa Senate winner
The U.S. Senate race in Iowa is set for November 3 in an open seat after Republican Sen. Joni Ernst decided not to seek reelection. Republican U.S. Rep. Ashley Hinson will face Democratic state Rep. Josh Turek. More than $10 million has been traded across the Iowa Senate winner prediction markets at Kalshi. Kalshi prices Hinson (R) at $0.52 per share to win, while Turek (D) is trading at $0.50 per share. Claim the Kalshi promo code SPORTSLINE55 for a $55 bonus here:
You can trade on the outcome of the 2026 U.S. Senate control odds on prediction markets like Kalshi, with hundreds of political markets offered. Check out our Kalshi promo code review for full details.
How to claim the Kalshi promo code SPORTSLINE55 for $55 bonus
- Sign Up: Click Claim Bonus and enter code SPORTSLINE55 during registration.
- Verify: Pass identity verification (KYC)
- Deposit: Complete a deposit of $10+.
- Trade $25: Place $25 or more in trades within 30 days.
- Use Bonus Credits: Receive $55 in bonus trading credits and trade them within 7 days.
- Withdraw Cash Profits: Withdraw net cash profits from winning trades after completing the trade-through requirement.
Claim the Kalshi promo code SPORTSLINE55 for a $55 bonus here:
Kalshi promo code SPORTSLINE55 details
Promo Code | |
Welcome Offer | |
Promo Eligibility | New users 18+ physically located in a state where Kalshi operates (*Political and election contracts are unavailable in NV & WA. Sports contracts are unavailable in NV, MI & WA.) |
Last Verified | November 2, 2026 |
Kalshi Iowa Senate winner prediction market pricing
Iowa Senate winner:
- Josh Turek (D): $0.50 per share
- Ashley Hinson (R): $0.52 per share
Candidate history
Ashley Hinson (R): Hinson was a reporter at KCRG-TV in Iowa before representing the 67th District in the Iowa House from 2017 to 2021. She was elected to the U.S. House in 2020. Her campaign says she is working with President Donald Trump to secure the nation's borders and cut wasteful spending. Claim the Kalshi promo code SPORTSLINE55 for a $55 bonus here:
Josh Turek (D): Turek is a former professional basketball player and Paralympic medalist who represents District 20 in the Iowa House. He is not running for reelection to the Iowa House in 2026 and advanced from the Democratic primary on June 2, 2026. Claim the Kalshi promo code SPORTSLINE55 for a $55 bonus here:
Iowa's recent Senate voting history
Iowa has not elected a Democrat to the U.S. Senate since 2008. Ernst has held the seat since 2015 and is not seeking reelection, which makes this one of the open seats Democrats are targeting as they try to take control of the Senate. Claim the Kalshi promo code SPORTSLINE55 for a $55 bonus here:
Responsible Risk Management
It's a top priority for Kalshi to keep its users safe. Kalshi offers several risk management tools for traders that can be used at any time, including trading breaks, voluntary opt-out, and a personalized funding limit.
Prediction Markets are regulated by the Commodity Futures Trading Commission (CFTC) - an independent agency of the U.S. federal government.
Event contracts trading involves a risk of substantial loss and is not suitable for all investors. Participation in prediction markets is subject to applicable eligibility requirements. Participation may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction. Prices subject to change. Content is promotional and not a recommendation to trade.

Written by Andy Bryan
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