Business Insider
This billionaire is the odds-on favorite to become California's governor after Swalwell dropped out
Both Kalshi and Polymarket give billionaire Tom Steyer a 55% chance of becoming the next governor of California. Ronaldo Bolaños / Los Angeles Times via Getty Images For months, Rep. Eric Swalwell was leading the prediction market odds for governor of California. He dropped out of the race on Sunday amid sexual misconduct allegations. Now, billionaire Tom Steyer is the odds-on favorite, with 55% on Kalshi and Polymarket. There's a new favorite to be the governor of California. Tom Steyer, a...