- Will Labor win the second-most seats in the next Victorian state election?89¢89%
- Will One Nation win the second-most seats in the next Victorian state election?5¢5%
- Will Liberal–National win the second-most seats in the next Victorian state election?3¢3%
- Will Greens win the second-most seats in the next Victorian state election?<1¢<1%
Recent polling averages position the Liberal-National Coalition as the clear primary vote leader ahead of the 28 November Victorian state election, with Labor holding a narrow but consistent edge over One Nation for second place on first preferences. Labor’s primary vote has fallen sharply to around 23-24 percent amid a decade in office and recent leadership changes, while One Nation has risen to roughly 21-22 percent without yet surpassing Labor in most aggregates. The Coalition’s two-party preferred lead of about nine points reflects sustained voter shifts since 2022, reinforced by the formal campaign launch and writs issued on 3 November. These trends underpin trader consensus that Labor will finish second, though preference flows and any late movement in One Nation support remain key variables within the resolution window.
Rules
The 2026 Victorian state election is currently scheduled to be held on 28 November 2026 to elect members of the 61st Parliament of Victoria. This market will resolve to "Yes" according to which party or coalition wins the second-most seats in the Legislative Assembly (Victoria's lower house) as a result of the next Victorian state election. If the results of this election are not known definitively by March 31, 2027, 11:59 PM ET, this market will resolve to "Other". Liberal–National refers to the Liberal–National Coalition. Liberal–National will include all seats won by both the Liberal Party and the Nationals, regardless of their parliamentary coalition behaviour, and its first-preference vote total will include the votes received by both parties. Parties and coalitions will be primarily ranked by the number of seats won in the specified election. If two or more are tied on seats, ties will be broken by the total number of valid first-preference votes received, with higher vote totals ranking higher. If they remain tied, ties will be broken by alphabetical order of the listed names. This market will resolve to the party or coalition that occupies the second-highest finishing position after applying this ranking. This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the Victorian government, specifically the Victorian Electoral Commission (VEC) (https://www.vec.vic.gov.au/).