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Nikki Gronli
YesNo
Scott Schlagel
YesNo
Billy Mawhiney
YesNo
AI Insights:
3 hours ago UpdatedFair Value Reasoning:
According to public records from March 2026, major competitor Billy Mawhiney officially withdrew from the race in mid-February due to family reasons, rendering his probability of winning effectively 0%. Nikki Gronli (former USDA Rural Development Director for SD) is the only remaining serious candidate with significant party backing and campaign infrastructure. While Scott Schlagel remains on the ballot, he lacks major endorsements and media presence, characterizing him as a fringe candidate. With the filing deadline (March 31) approaching and no other major challengers emerging, Gronli's probability of securing the nomination is near-certain, and the market significantly undervalues her position.
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Movers
March 15, 2026 - March 18, 2026, Nikki Gronli's price surged from 72.5c to 83.5c. The reason is that as the primary and filing deadlines approach, market liquidity is returning and beginning to price in her status as the sole frontrunner, absorbing the earlier positive news of her rival's withdrawal.
March 12, 2026 - March 13, 2026, Billy Mawhiney's price crashed from 21.5c to 6.0c. The reason is the market finally reacting violently (albeit with a delay) to his withdrawal announcement from mid-February, with the price trending towards zero.
Divergence
Significant divergence exists. Mainstream political reality indicates Nikki Gronli is the de facto sole serious candidate, implying a win probability of over 95%. However, the prediction market prices her at only 83.5%, while the withdrawn candidate Mawhiney retains a 3.4% residual price, and fringe candidate Schlagel holds a 7.5% premium. This suggests a lag in market reaction, indicating significant sentiment bias or illiquidity.