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2028 Republican presidential nominee

Aired 31 July 2026 · written 22 July, when J.D. Vance was 40%

2028 Republican presidential nominee — episode poster
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The market we based this episode on

The board on 22 July 2026, the day the script was written. A price is the market’s odds of that outcome.

J.D. Vance40%
Marco Rubio30%
Ron DeSantis5%
Donald J. Trump Jr.4%
Donald J. Trump3%
Tucker Carlson2%
Thomas Massie1%
Ivanka Trump1%
Platform
Kalshi · real money
Resolves
7 November 2028
Volume traded
$66,259,149
Outcomes on the board
23
Resolution criteria. If [outcome] wins and accepts the nomination for the Presidency for the Republican party in 2028, then the market resolves to Yes.

Why we chose it

Vance is the presumed heir but his lead has shrunk dramatically — a year ago he was pushing 50% while Rubio sat in single digits, and now Vance is at around 40% and Rubio is at just under 30%. The catalyst was war: Rubio's odds to be the GOP nominee have risen precipitously in 2026, with particular jumps surrounding the initiation of military operations — namely the February 28 U.S.

strikes on Iran and the capture of Maduro in January, where Rubio's Secretary of State role put him on camera constantly. Meanwhile Trump has cast doubts about whether he views Vance as his successor, with a NYT report saying Trump brings up Vance's initial opposition to the war in Iran, and right after the Iran strikes, Trump reportedly asked a room of GOP donors who they'd prefer as 2028 nominee, with attendees favoring Rubio.

The comedy gold in the tail: Trump himself at 3% (22nd Amendment jokes), Don Jr. at 4%, Ivanka at 1%, and Tucker at 3% as the isolationist-wing revenge pick against a hawkish Rubio. Bull case for Vance: he's the VP with MAGA-base loyalty and Trump can still bless him. Bull case for Rubio: he's become Trump's most-used utility player and donors are warming.

The show’s read Before making an episode we research the market to judge whether it is worth one. This is what that research said about this bet — our reasoning, not reporting.

What we thought

SalThe Handicapper
EddieThe Philosopher
Sal
Vance sat near fifty-fifty a year ago, now he's at forty with Rubio at thirty. Every missile Rubio signs moves the number.
Eddie
Two men eating seventy percent of a field two years out — that's not a primary, that's an heir and his understudy waiting.

How it’s moved since

Daily price. The dotted line is the day the episode was written — the odds Sal and Eddie were looking at. The solid line is the day it aired.

0% 10% 20% 30% 40% 50% written 22 Jul aired 31 Jul 7 Jun 2 Aug 27 Sep J.D. Vance 44% Marco Rubio 20% Ron DeSantis 4% Donald J. Trump Jr. 3% Tucker Carlson 3% Donald J. Trump 2%
Written 22 Jul Aired 31 Jul Source: KALSHI

Biggest move since: Marco Rubio, down from 30% on the day the episode was written to 20% today.