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AI Insights:
03.07 16:29 UpdatedFair Value Reasoning:
Florida's 21st Congressional District (FL-21) is a 'Safe Republican' stronghold (Cook PVI R+7 to R+9...
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Divergence
Significant divergence exists. Mainstream political forecasting (e.g., Cook Political Report) rates FL-21 as 'Safe Republican,' implying a win probability typically above 95%. However, the prediction market pricing implies only an ~84% probability. This ~15 percentage point gap is likely driven not by genuine doubt about the election outcome, but by the opportunity cost of capital in prediction markets (240 days to settlement), causing long-duration certainty to trade at a discount.