Mike Pence served as Vice President under Donald Trump from 2017 to 2021. The 2028 Republican presidential nomination process will determine which candidate represents the GOP in the general election. The market currently prices Pence's chances at 1%, suggesting traders believe his path to the nomination faces significant headwinds. Pence has been vocal on issues within the Republican Party but has not announced formal 2028 candidacy as of early 2026. The Republican primary traditionally involves Iowa caucuses, New Hampshire primary, South Carolina primary, and a series of winner-take-most contests. Resolution will occur when the Republican National Convention nominates a candidate in 2028, with delegate counts and candidate declarations determining the market outcome. The low odds reflect both the competitive field and Pence's relative distance from current Trump-aligned party leadership. Trading volume has remained modest at $120K over 24 hours, suggesting moderate but steady interest in this longer-dated political outcome.