Turek Falls to 36% in Iowa Senate Primary as Polls Show Wahls +18
Markets priced Turek as favorite at 58% for weeks despite Wahls' double-digit poll leads. Wahls has raised $3.17M to Turek's $2.81M.

Josh Turek's Iowa Senate Odds Drop 22 Points as Polling Reality Finally Hits Prediction Markets
Every public poll of Iowa's Democratic Senate primary has told the same story for months: State Senator Zach Wahls holds a commanding lead over State Representative Josh Turek. The most recent survey, conducted by Bedrock Polling on March 26, showed Wahls ahead 56% to 38% among likely Democratic voters. Yet as recently as this week, prediction markets on Kalshi and PredictIt still priced Turek as the likely nominee at 58%. That disconnect has now collapsed. Turek's implied probability of winning the June 2 primary has fallen 22 percentage points in three days, landing at 36%.
The correction did not follow a single breaking event. No new poll dropped. No endorsement shifted. No debate gaffe went viral. Instead, this appears to be a belated repricing, with market participants finally internalizing data that had been publicly available for a month. Turek currently trades at 34% on Kalshi and 37% on PredictIt, a tight spread that suggests broad agreement across platforms about where the race actually stands. The period low of 31% indicates some traders briefly pushed even further, before a modest 5-point bounce stabilized the contract.
What the Polls Already Knew: Wahls' 18-Point Lead Over Turek in Iowa's Democratic Primary
The Bedrock Polling survey is the most recent and most damaging data point for Turek's campaign. Among 1,022 likely Democratic voters, Wahls led by 18 points with just 6% undecided. That narrow undecided pool matters: even if Turek captured every remaining persuadable voter, he would still trail by 12 points.
This was not a one-off result. An earlier GQR poll from February 18-22 showed Wahls ahead 42% to 24% among 605 likely Democratic voters, with 34% undecided. At that point, Turek could plausibly argue that name recognition gaps and a large undecided bloc left the race fluid. By March, that argument evaporated. The undecided share collapsed from 34% to 6%, and the vast majority of those voters broke for Wahls.
Historical context reinforces how difficult Turek's position is. Primary deficits of 18 points with six weeks remaining are rarely overcome without a major external shock: a scandal, a candidate withdrawal, or a massive spending advantage. Turek has none of those working in his favor. According to FEC filings, Wahls has raised $3.17 million to Turek's $2.81 million, and holds a cash-on-hand advantage of $1.055 million to $757,480 as of April 18.
Turek's Nomination Odds Over Time: A Slow Bleed or a Sudden Cliff?
The three-day chart tells a story of a sharp, concentrated move rather than a gradual drift. Turek's contract held near 58% for an extended period despite the polling evidence against it. The 22-point drop compressed into roughly 72 hours, suggesting that a critical mass of traders updated simultaneously once the mispricing became too large to ignore.
This pattern is common in prediction markets for lower-profile races. Liquidity can be thin enough that a small number of confident holders prop up a price well above its polling-implied fair value. When those holders sell, or when new capital enters to short the contract, the correction is abrupt rather than smooth. The 31% trough followed by a bounce to 36% is consistent with that dynamic: initial selling overshoots, then the price settles near a new equilibrium.
The News Behind the Repricing: What Finally Forced Bettors to Update
No single catalyst explains the timing of this week's move. Turek's campaign has been relatively quiet since mid-March, when he submitted over 10,000 petition signatures to qualify for the ballot. His most notable policy announcement, a proposed five-year moratorium on Wall Street home purchases, came in early March. He picked up an endorsement from Nathan Sage in February after Sage suspended his own campaign.
The absence of a clear trigger is itself notable. It suggests the 58% price was sustained not by new information favoring Turek, but by inertia and illiquidity. When enough participants recognized the gap between polling and pricing, the correction became self-reinforcing. Traders who had been holding Turek contracts at inflated values likely rushed to exit, compressing what should have been weeks of gradual adjustment into days.
The Case for Turek: What Would Need to Be True for 36% to Be Too Low
Dismissing Turek entirely at 36% requires ignoring several real assets. He is a four-time Paralympian with a compelling personal story, running on a "prairie populism" platform that emphasizes economic fairness and working-class identity. He has consolidated the moderate lane of the primary, absorbing endorsements from both Sage and former candidate J.D. Scholten, who backed Turek in August 2025.
The strongest bull case for Turek rests on turnout composition. The Bedrock poll surveyed "likely" Democratic voters, a screen that inherently favors the candidate with higher name recognition among habitual primary participants. If Turek's populist messaging draws irregular voters to the polls on June 2, the electorate could look different from the polled sample. Iowa's Democratic primaries have historically low turnout, meaning a strong ground operation can move the needle.
Turek also benefits from general election framing. The Cook Political Report rates the seat "Solid R," which could lead pragmatic Democratic voters to prioritize electability over ideology. Turek's moderate positioning may appeal to voters who see Wahls' progressive profile as a liability against Republican Representative Ashley Hinson. An Echelon Insights poll reportedly showed both Democrats leading Hinson, but a closer margin for Wahls could become a late argument in Turek's favor.
Still, these scenarios require Turek to overcome an 18-point deficit with diminishing time and a fundraising disadvantage. The 36% price implies roughly a one-in-three chance. Given the polling, that may actually be generous. But primaries are volatile, and six weeks is not nothing.
Resolution and What to Watch
This market resolves on June 2, the date of Iowa's Democratic primary. Turek's path to the nomination now depends on whether the final five weeks produce a meaningful change in the race's trajectory. Specific events to monitor include any new public polling, the April FEC filing deadline for Q1 fundraising totals, potential debate performances, and endorsement moves from Iowa's Democratic establishment.
At 36%, the market is pricing Turek as a clear underdog for the first time. That price is closer to what the polls have been saying since February. The real question is whether it took markets too long to get here, or whether the remaining 36% reflects genuine uncertainty that the polls are missing.
Join our Discord for breaking news alerts, driven by real-time movements in prediction markets.
Free Trading Tools
View allCompare fees across Kalshi, Polymarket & PredictIt.
Find fair probabilities with the overround removed.
See if a trade has positive EV before you enter.
Convert American, decimal & implied probability.
Combined odds and payouts for multi-leg bets.
Your real take-home after fees and taxes.