PMPolitics|$29.8k Vol|
time68 days 6 hrs

Turnout in Texas Senate Republican Primary Runoff - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
0.6–0.9M
YesNo
2.1–2.4M
YesNo
<0.6M
YesNo
1.8–2.1M
YesNo
2.4–2.7M
YesNo
0.9–1.2M
YesNo
1.2–1.5M
YesNo
2.7M+
YesNo
1.5–1.8M
YesNo
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AI Insights:

03.05 10:35 Updated
Fair Value Reasoning:
Based on the ~2.1M votes cast in the March 3, 2026 GOP primary, and historical data showing Texas runoffs typically see a 30-50% turnout drop (e.g., ~50% drop in 2022 AG runoff, ~20% in 2012 Senate runoff). Given the high-profile 'Cornyn vs Paxton' civil war (similar to Cruz vs Dewhurst 2012), retention should be relatively strong, placing the most likely outcome in the 1.0M-1.5M range (50-70% of primary). The market significantly overprices high-turnout options (>1.8M), ignoring standard runoff attrition.

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Divergence
Severe divergence. Polymarket pricing implies a high probability of 1.8-2.1M turnout (matching primary turnout), which contradicts Texas historical data showing significant drop-offs in runoffs. The market completely ignores the standard attrition pattern, diverging sharply from historical norms and expert consensus.

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Turnout in Texas Senate Republican Primary Runoff - AI Odds Analysis