PMElections|$342.6k Vol|
time3 days 7 hrs

Rheinland-Pfalz Parliamentary Election: 2nd Place - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
AfD
YesNo
CDU
YesNo
Linke
YesNo
FW
YesNo
SPD
YesNo
Grüne
YesNo
FDP
YesNo
BSW
YesNo
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AI Insights:

4 hours ago Updated
Fair Value Reasoning:
Based on the latest authoritative polls from mid-March 2026 (Forschungsgruppe Wahlen Mar 13: CDU 28% vs SPD 26%; Infratest dimap Mar 12: CDU 29% vs SPD 28%), the CDU maintains a narrow 1-2 percentage point lead. The core logic of this market is a mirror bet on the 'Election Winner': if the CDU wins 1st place (current probability ~60%), the SPD will take 2nd place. Since the 3rd place AfD (~19%) trails the top two by a significant margin (7-9 points), it is highly unlikely to break into the top two. Therefore, the fair value for SPD as 2nd place should correspond to the CDU's probability of winning (approx. 59c), while CDU as 2nd place corresponds to the SPD's probability of an upset win (approx. 40c).

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Arbitrage|Low Risk

Arbitrage Plan:

Buy Yes SPD (60c) + Buy Yes CDU (37.5c)

Plan Description:

There is currently a low-risk combination strategy. The total cost of buying 'SPD Yes' and 'CDU Yes' is 97.5c (60+37.5). As long as the SPD and CDU take the top two spots in the election (regardless of the order), this combination pays out 100c, yielding a 2.5c profit. According to polls, the 3rd place AfD trails the top two by about 7-9 percentage points. With only 3 days left until the election, the likelihood of the AfD overtaking the SPD or CDU to enter the top two is extremely low (risk mainly stems from massive polling errors).

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Arbitrage: 2¢
|
Annualized yield: 267.4%
Movers
March 17, 2026 - March 18, 2026, SPD price corrected from a high of 64.5c to 60c, while CDU rebounded from a low of 33c to 37.5c. The reason is that the market had previously overpriced the expectation of a 'certain CDU victory (meaning SPD definitely 2nd)', and subsequently, as election day approached, capital rebalanced to hedge the risk of an SPD upset win (which would drop CDU to 2nd). March 16, 2026 - March 17, 2026, SPD price surged from 52c to 64.5c. The reason is that as the election week began, the market rapidly priced in the CDU's consistent lead in weekend polls, leading to heavy betting on a CDU victory, which in turn drove up the price of SPD as the likely 2nd place finisher.

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