All
Outcomes
Market
Price
AI Fair
Value
Value
Edge
Republican Party
YesNo
Democratic Party
YesNo
AI Insights:
03.08 12:30 UpdatedFair Value Reasoning:
NC-13 is rated 'Solid Republican' by the Cook Political Report. Incumbent Republican Brad Knott is running for re-election, and the 2025 redistricting map further solidified the GOP's structural advantage in this district. Absent a major scandal or an extreme national wave, the probability of the GOP holding this seat is extremely high (typically >95%). The current market price (~85c) primarily reflects the opportunity cost of capital (8 months to election) rather than genuine electoral risk, suggesting the option is significantly undervalued.
Sign up to view more information
Divergence
Pricing divergence exists. Mainstream political forecasting (e.g., Cook Political Report) rates the district as 'Solid R' (implying >95% win probability), whereas the prediction market prices it at only ~85%. This divergence stems not from a disagreement on the likely winner, but from a liquidity discount applied by the market due to the long duration of capital lock-up (239 days), resulting in an implied probability lower than the actual political probability.