California Governor Primary Election: Margin of Victory?

The non-partisan primary election for Governor of California is scheduled to take place on June 2, 2026. The top two candidates in this election by number of votes won will advance to the general election for Governor of California. This market will resolve according to the margin of victory between the top two candidates in this primary election. The “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first-place and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If two candidates receive the exact same highest number of valid votes and both are listed, this market will resolve to the lowest bracket for the tied candidate whose last name comes first alphabetically. If only one of the tied candidates is listed, this market will resolve to the lowest bracket for that listed candidate. If neither tied candidate is listed, this market will resolve to “Other.” This market will resolve based on the official vote count once the count has been made official. If the results of the specified election are not known definitively by December 31, 2026, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official election results published by the California Secretary of State (https://www.sos.ca.gov/); however, an overwhelming consensus of credible reporting may suffice. If a recount is initiated before the vote total has been made official, the market will remain open until the recount is completed and the vote is made official.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders. Prices represent implied probability: a $0.65 contract means the market prices a 65% chance of that outcome.