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The California governor\u2019s race is finally approaching its home stretch after months of turmoil to determine who will replace the term-limited Gov. Gavin Newsom
\nThe Golden State is a Democratic bulwark, but as the June 2 primary approaches, current polling suggests that the November general election will feature Democrat Xavier Becerra facing Republican Steve Hilton
\nPrediction markets offer options to pick the eventual winner, the next governor of California<\/p>\n
The winding road to be the next California governor is finally reaching its penultimate destination as the primary to whittle the choices down to two is set to take place on June 2.<\/p>\n
As it stands, the final three realistic contenders are Democrats Xavier Becerra and Tom Steyer, and Republican Steve Hilton.<\/p>\n
If any candidate benefited from former Rep. Eric Swalwell\u2019s catastrophic flameout, it was Becerra. When Swalwell was the clear frontrunner, Becerra\u2019s poll numbers were barely registering. After Swalwell\u2019s spontaneous combustion, Becerra became a conciliatory choice for those who couldn\u2019t stomach or didn\u2019t trust the other Democrat candidates, Steyer, former Rep. Katie Porter, and San Jose Mayor Matt Mahan.<\/p>\n
At the very least, Becerra is a known entity and has the least baggage among his fellow Dems in the race. Steyer remains within striking distance, at least according to the polls.<\/p>\n
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Hilton is providing logical solutions that mirror those of past GOP governors who managed to win in California, notably former Gov. Arnold Schwarzenegger. He doesn\u2019t care about people\u2019s personal business, instead focusing on reducing taxes, lowering energy costs, addressing the housing issue, finding solutions to the homeless problem, and supporting the crackdown on illegal immigration.<\/p>\n
Several months ago, there was fear that the number of Democrats in the race could split the votes sufficiently for two Republicans to accrue enough support to be the two candidates left standing for November. However, that has seemingly resolved itself with Hilton emerging as the GOP\u2019s preference and the next-leading Republican, the mercurial Chad Bianco, declining precipitously in the polls.<\/p>\n
The Democrats did not tactically reduce their list of candidates. They did it the way Democrats usually do: they self-destructed.<\/p>\n
Prediction markets<\/a> have been like a roller coaster since Swalwell left the race. Those who want to jump in can do so and potentially profit if they make the correct pick.<\/p>\n Odds for California Governor\u2019s Race<\/p>\n \ufeff<\/p>\n Market volume is above $37 million and rising.<\/p>\n Becerra is the overwhelming favorite on the markets at 70%. Steyer is next at around 20%. Hilton is running third at just over 9%.<\/p>\n ]]><\/p>\n Amazingly, Bianco is at over 2%, and Porter is a shade over zero. She\u2019s slightly ahead of Mahan.<\/p>\n People who want to weigh in can use the Kalshi promo code<\/a> to get a $10 Sign Up Bonus<\/a> once $10 in trades have been completed.<\/p>\n For those unsure about the winner, there are other markets available, including voter turnout, vote percentages, and the matchup on Election Day.<\/p>\n The market rules require that the selected candidate be elected California governor based on the 2026 election. For example, those who pick Becerra will see the market resolve to Yes if he wins. The California Secretary of State will verify the outcome.<\/p>\n