All
Outcomes
Market
Price
AI Fair
Value
Value
Edge
Democratic Party
YesNo
Republican Party
YesNo
AI Insights:
03.07 22:21 UpdatedFair Value Reasoning:
Illinois' 3rd Congressional District (IL-03) is a solid Democratic stronghold with a Cook PVI of D+1...
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Divergence
There is a pricing divergence. Political fundamentals (mainstream media, Cook PVI, historical data) indicate a >99% probability of a Democratic win, characterizing it as a 'certainty'. However, the prediction market prices it at only 93%. This 6-7% gap stems not from disagreement over the election outcome, but purely from a 'yield spread', reflecting the high opportunity cost of capital within prediction markets.