Scott Colom now favored in Mississippi Senate race as market expectations shift

Scott Colom, the Democratic candidate in the Mississippi Senate race, is now considered the favored candidate according to the latest update from Kalshi. This marks a significant shift in market expectations, as Republican incumbent Sen. Cindy Hyde-Smith was previously projected to have a strong lead. The change follows a period of increasing support for Colom, who had narrowed the gap in recent polls. Despite earlier ratings categorizing the race as “Likely Republican,” markets now suggest a different outcome may be possible. The latest market data reflects a dramatic swing in favor of Colom. Previously, the probability of a Democratic win was priced at 14% just 24 hours ago, but it has surged to 74.4%.

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