Who will advance from the Alaska Governor primary? - AI Odds Analysis
All
Outcomes
Market
Price
AI Fair
Value
Value
Edge
Tom Begich
YesNo
Matt Claman
YesNo
Hank Kroll
YesNo
Matt Heilala
YesNo
Adam Crum
YesNo
Bernadette Wilson
YesNo
James Parkin
YesNo
Nancy Dahlstrom
YesNo
Shelley Hughes
YesNo
Edna DeVries
YesNo
Click Bishop
YesNo
Treg Taylor
YesNo
Dave Bronson
YesNo
AI Insights:
03.15 06:18 UpdatedFair Value Reasoning:
In Alaska's 'Top-4' primary system, the threshold to advance is typically around 10-15%. 1. **Tom Begich**, as the leading Democrat, is a virtual lock (FV 94c). 2. **Dave Bronson** has high name recognition as Anchorage Mayor and a sticky conservative base, making him highly likely to advance (FV 58c). 3. **Bernadette Wilson** has shown strong fundraising (reported as 2nd highest in GOP) and momentum; while the market prices her aggressively (58.5c), she is a strong contender, valued at FV 52c. 4. **Nancy Dahlstrom** has suffered a severe market crash (to 26.5c). While she may lack charisma as Lt. Governor, her incumbency and institutional support suggest she is now deeply oversold; FV adjusted to 38c. 5. **Matt Claman** represents the deepest value. As a sitting State Senator and the second prominent Democrat, he only needs the remainder of the Democratic vote (~10%) to beat the 5th place Republican. His current price of 8.5c is irrational; FV 25c. 6. **Click Bishop** remains a strong contender for the moderate/labor lane.
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Movers
Mar 11, 2026 - Mar 15, 2026: Nancy Dahlstrom's price crashed from 44.5c to 26.5c (an 18c drop) as market confidence in her campaign vitality collapsed. Despite being the sitting Lt. Governor, recent news of Bernadette Wilson's (58.5c) strong fundraising and aggressive campaigning appears to be squeezing Dahlstrom out, leading investors to dump the 'boring' establishment pick.
Mar 13, 2026 - Mar 15, 2026: Bernadette Wilson's price rose from 53c to 58.5c, continuing her momentum and affirming her status as the leading 'anti-establishment/high-profile' GOP alternative.
Divergence
Significant divergence exists. 1. **Nancy Dahlstrom (26.5c)**: The market implies a 73.5% chance the sitting Lt. Governor fails to make the top 4. While she faces headwinds, such a low price is typically reserved for dropouts or major scandals, neither of which are evident; this looks like a market overreaction. 2. **Matt Claman (8.5c)**: As a sitting State Senator and a key Democrat, his odds of advancing in a Top-4 system are far better than single digits. The market is ignoring the structural advantage of Democrats likely securing at least one safe and one competitive spot, mispricing him as a long-tail fringe candidate.