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Outcomes
Market
Price
AI Fair
Value
Value
Edge
John James
YesNo
Joyce Gipson
YesNo
Perry Johnson
YesNo
Evan Space
YesNo
Karla Wagner
YesNo
Anthony Hudson
YesNo
Ralph Rebandt
YesNo
William Null
YesNo
Mike Cox
YesNo
Tom Leonard
YesNo
Aric Nesbitt
YesNo
AI Insights:
03.03 22:27 UpdatedFair Value Reasoning:
John James remains the undisputed frontrunner for the GOP nomination. As the choice of both the establishment and the Trump orbit, he possesses overwhelming advantages in fundraising and statewide name recognition. His current market price (63.5c) is undervalued due to noise from Perry Johnson's (23c) recent campaign activity. While Johnson pledges self-funding, his political credibility is severely damaged by his 2022 disqualification (signature scandal) and a failed 2024 presidential bid. The market implies a ~23% win probability for Johnson, which is a significant 'wealthy candidate premium' disconnected from political reality. The price collapse of fringe candidates like Evan Space (15c to 3.5c) signals the market is beginning to rationalize, which will likely drive consolidation toward James.
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Rule Risk
There is a significant missing candidate risk. Based on the 2026 campaign context, prominent candidate Perry Johnson has announced his bid with substantial funding (~$9 million), yet he is not listed in the market options. The rules only specify resolution to 'Other' if 'no primary takes place,' but do not explicitly state how a winner not listed in the options is handled. If an unlisted candidate like Johnson wins, the market faces a high risk of disputed resolution.
Divergence
Significant divergence exists. Polymarket pricing implies only a 63.5% win probability for John James and a high 23% for Perry Johnson. Mainstream political analysis would likely peg James's nomination odds at >80%, barring a major scandal. The market is currently overestimating the ability of a self-funding challenger (Johnson) to defeat a frontrunner with solid party backing (James) in a primary environment.