Elections Intelligence

Mike Rounds

SDU.S. Senate S architectural icon
INCUMBENT Safe R to Likely RThe seat Likely to win
Full race page →

What the Signal reads

Likely R

Rounds is the Republican incumbent, defending a seat the Signal rates Likely R. The market has Rounds at 94¢ against Bengs's 7¢, down 2.3¢ since July 31. The polling average has Rounds ahead by 5 points, and Rounds leads 4 to 1 in money raised.

The market

Kalshi ↗
Rounds · Republican contract
94.0¢
▼ 2.3¢since July 31

This contract settles on whether a Republican holds the seat, not on Mike Rounds by name.

Jul 3148 daily readings · high 97¢ · low 91.1¢Oct 12
Mike RoundsRepublican · incumbent
94.0¢
Brian Bengsindependent
7.0¢

248,270 traded · 180,266 open. Prices are the yes ask; sides may not sum to 100.Checked 2:09 PM ET

Rounds v Bengs

Metric by metric
Rounds
Bengs
94.0¢
MarketKalshi, 2:09 PM ET
7.0¢
$3.18M
RaisedFEC, through June 30
$782.0K
$2.74M
Cash on handFEC, through June 30
$51.4K
44%
Latest pollZenith Polls, Bengs sponsor · Sep 27
38%
U.S. Senatorsince 2015
Holds now
No office on file

The 2026 race

South Dakota U.S. Senate
Polling average
Rounds +5

Average of 3 pollsters, August 17 to September 27.

Prior result
R+31.5

2020 general election, won by Mike Rounds.

Fundraising
4 to 1

Raised 2025 to 2026, through June 30.

The general election is on November 3, which is 22 days away.