Alaska Governor 2026
Short Answer
1. Market Behavior & Drivers
- Alaska's ranked-choice voting consistently fractures Republican support.
- Ranked-choice voting creates a viable path for Democratic candidates.
- A strong, confirmed independent candidate is crucial for "Other" to win.
- Trump endorsements could further fragment Republican unity in RCV elections.
- The incumbent Republican governor is expected to seek re-election.
- 2022 elections showed RCV favoring Democrats despite initial Republican lead.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Democratic party | 39.0% | 45.0% | Model higher by 6.0pp |
| Republican party | 56.0% | 55.0% | Market higher by 1.0pp |
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📉 April 28, 2026: 15.0pp drop
Price decreased from 71.0% to 56.0%
Outcome: Republican party
4. Market Data
Contract Snapshot
This market resolves to YES if a representative of the Republican party is inaugurated as the governor of Alaska following the 2026 election, with the outcome verified by US State Governments; otherwise, it resolves to NO. The market opened on December 20, 2025, and will close upon the first person being sworn in as governor, or by November 3, 2027, at the latest. Trading is prohibited for specific groups including federal and statewide public office holders, campaign staff, vote-tallying personnel, and employees of political organizations and major polling firms.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Republican party | $0.60 | $0.44 | 56% |
| Democratic party | $0.38 | $0.63 | 39% |
Market Discussion
Limited public discussion available for this market.
5. Trust Index
Includes the cost to trade: a $10,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. How Many Candidates Confirmed for 2026 Alaska Gubernatorial Race?
| Confirmed Candidates (March 2026) | At least 18 individuals [1] |
|---|---|
| Adam Crum's Candidacy | Confirmed for 2026 election [2] |
| Former Gov. Bill Walker Status | No confirmed candidacy for 2026 [3] |
Sources (5)
- 1Anchorage attorney is the 18th candidate in Alaska’s governor race - Anchorage Daily Newsadn.com
- 2Alaska Governor Election Winner Predictions & Odds | Polymarketpolymarket.com
- 3Bill Walker | The Institute of Politics at Harvard Universityiop.harvard.edu
- 4Alaska’s race for governor picks up 16th candidate, a former state legislator from Sitkaalaskasnewssource.com
- 5Former Alaska Governor Bill Walker Throws His Hat in the Ring for 2022 Gubernatorial Bidseafoodnews.com
7. What Are Alaskan Candidates' Permanent Fund Dividend Proposals?
| Governor Dunleavy PFD Proposal | ~$1,300 PFD with 2% statewide sales tax [1] |
|---|---|
| Nancy Dahlstrom PFD Approach | Structured endowment approach for larger, sustainable dividend [2] |
| Les Gara PFD Proposal | ~$1,250 PFD, funded by oil/gas tax adjustments [2] |
8. How Do Trump Endorsements Affect Republican Unity in RCV Elections?
| Latest Trump Endorsement | U.S. Rep Nick Begich for 2026 reelection [1] |
|---|---|
| Begich Voters Ranking Peltola Second (August 2022) | 28.9% [2] |
| Peltola's Final Vote Share (November 2022) | 54.9% [3] |
Sources (4)
- 1Trump endorses Alaska’s US Rep. Nick Begich - Anchorage Daily Newsadn.com
- 2Democrat Mary Peltola beats Sarah Palin in Alaska special House election: NPRnpr.org
- 3Analysis from Alaska’s RCV elections in November 2022 - FairVotefairvote.org
- 4Ranked Choice Voting And Condorcet Failure in the Alaska 2022 Special Election: How Might Other Voting Systems Compare?arxiv.org
9. What were second choice preferences in the 2022 Alaska gubernatorial election?
| Walker Voters Second Choice Dunleavy | 36.34% [1] |
|---|---|
| Gara Voters Second Choice Dunleavy | 21.52% [1] |
| Walker Voters Second Choice Gara | 40.50% [1] |
10. What are the vote splits for Alaska Governor primary elections?
| 2026 Primary Election Date | August 18, 2026 [1] |
|---|---|
| 2022 Top-Four Republican Vote Share | 47.6% [2] |
| 2022 Top-Four Dem/Unaffiliated Vote Share | 46.2% [2] |
Sources (4)
- 1Alaska gubernatorial and lieutenant gubernatorial election, 2026 (August 18 top-four primary) - Ballotpediaballotpedia.org
- 2Alaska gubernatorial and lieutenant gubernatorial election, 2022 (August 16 top-four primary) - Ballotpediaupgrade.ballotpedia.org
- 3Alaska Primary Election Results 2026: NPRapps.npr.org
- 42026 Alaska gubernatorial electionen.wikipedia.org