andy beshear has the value
Kentucky Governor Andy Beshear remains one of the most intriguing longshots in the 2028 Democratic primary market. Currently trading at only 5% (20/1) on Kalshi, Beshear is positioned as the top candidate not named Gavin Newsom. Newsom, listed at 31%, is the clear favorite but carries significant negatives that could weigh him down in a national campaign. In contrast, Beshear’s profile checks many of the traditional boxes that party insiders and large donors look for: a straight, white, non-Jewish male governor from a red state who has shown crossover appeal and resilience in tough elections.
While Alexandria Ocasio-Cortez sits second on the board at 11%, BetThrive sees her path as nearly impossible given ideological divides and electability concerns. That leaves Beshear in a unique lane — a pragmatic, moderate Democrat with proven executive experience. Rumors are already circulating that major donors may begin to coalesce behind him, especially as the search for a viable alternative to Newsom intensifies.
It’s far too early to make a move from a betting perspective, but this is a market to watch closely. The time to strike will be before Beshear becomes more seriously considered, as his price will almost certainly shorten if donor chatter turns into real momentum.