PMPolitics|$9,028 Vol|
time228 days 21 hrs

NY-13 House Election Winner - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
Democratic Party
YesNo
Republican Party
YesNo
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AI Insights:

03.08 16:18 Updated
Fair Value Reasoning:
NY-13 is one of the safest Democratic strongholds in the nation (Cook PVI D+40+), covering Upper Manhattan and parts of the Bronx. Incumbent Democrat Adriano Espaillat is deeply entrenched, and the district's demographics make a Republican victory virtually impossible (Democrats historically win >85-90% of the vote). Barring an extremely rare force majeure event, a Democratic victory is a near-certainty. Thus, the current price of 92 cents is significantly undervalued relative to a fair value near 99 cents.

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Divergence
Mainstream political consensus (e.g., Cook Political Report) rates NY-13 as 'Solid Democrat,' implying a near 100% win probability. However, Polymarket's pricing implies only a 92% chance. This ~8% divergence indicates market inefficiency, likely due to a lack of liquidity or excessive hedging against negligible tail risks.

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