Politics1 min read

Texas governor race tightens in prediction markets, but Abbott remains favored

By · Published by Everything Blog

In short

Recent polling gains have propelled Gina Hinojosa's chances to roughly 40% on betting platforms like Kalshi and Polymarket, narrowing the margin with the incumbent. Hinojosa is aiming to break a three-decade Democratic losing streak by pledging an immediate freeze on new computing facilities. In response to changing public sentiment, Governor Greg Abbott paused permit approvals and initiated grid audits after previously celebrating massive tech investments. More than 7.7 million Texans had already cast ballots by the time in-person early voting ended on Friday.

Key points

  • The Texas gubernatorial race has emerged as a crucial early referendum on public oppositi…: The Texas gubernatorial race has emerged as a crucial early referendum on public opposition to artificial intelligence data centers.
  • Democratic candidate Gina Hinojosa is seeking to become the state's first Democratic gove…: Democratic candidate Gina Hinojosa is seeking to become the state's first Democratic governor in more than thirty years.
  • Final betting contract resolutions on Kalshi and Polymarket will depend on certified resu…: Final betting contract resolutions on Kalshi and Polymarket will depend on certified results from the Texas Secretary of State.

Sources checked by our analysis pipeline: 1

Political observers are watching the Texas gubernatorial election for signs of an artificial intelligence data center backlash in the 2026 U.S. midterm elections on Tuesday, and prediction market traders see growing odds of the Democratic candidate pulling off an upset.

Gov. Greg Abbott, a Republican seeking a fourth term, has a 60% chance of beating Democratic state Rep. Gina Hinojosa on Tuesday, according to speculators on platform Kalshi.

Hinojosa's odds to win have jumped from 8% in mid-July to 40% on Monday, with many of those gains coming in recent weeks as a series of polls have shown the race to be tightening. On Polymarket, Hinojosa has seen her odds jump from as low as 5% in late July to 39% on Monday.

Contracts are resolved using data from the Texas Secretary of State's office.

Odds and gambling platforms do not use methodologies used by traditional political polling, and therefore are not substitutes for political polls.

Hinojosa is seeking to be the first Democratic governor in Texas in more than 30 years. She has used Abbott's previous support for data…

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