Verbatim from the venue. The analyst must quote these, never paraphrase.
If the Republican Party wins the 2026 U.S. House of Representatives election in Texas's 31st District by 14 percentage points or more, then the market resolves to Yes.
The margin of victory shall be calculated as follows based on the margin type.
For percentage points: the vote percentage received by the Republican Party minus the vote percentage received by the candidate/party/option that finishes immediately behind the Republican Party if the Republican Party wins, or the candidate/party that finishes first if the Republican Party loses.
Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If the Republican Party runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural the Republican Party will be summed.
If the Republican Party wins the election, the margin will be positive. If the Republican Party loses the election, the margin will be negative. If the Republican Party ties for first place, the margin shall be 0. For uncontested races where the Republican Party is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
opens
May 5 · 8:26 PM UTC
closes
Nov 3, 2027 · 3:00 PM UTC · may close early
expires
Nov 3, 2027 · 3:00 PM UTC
floor
14
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market43
can_close_earlytrue
close_time2027-11-03T15:00:00Z
created_time2026-05-05T20:25:04.064166Z
custom_strike1
political_party
9244ed4c-9dfd-45cc-8211-996dc902f315
early_close_conditionThis market will close and expire early if certified election results are published.
event_tickerKXMIDTERMMOV-TX31R
exchange_index0
expected_expiration_time2027-11-03T15:00:00Z
expiration_time2027-11-03T15:00:00Z
expiration_value
floor_strike14
last_price_dollars0.0000
latest_expiration_time2027-11-03T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.5000
no_bid_dollars0.4400
no_sub_titleRepublicans, 14+ pts
notional_value_dollars1.0000
occurrence_datetime2026-11-03T15:00:00Z
open_interest_fp0.00
open_time2026-05-05T20:26:00Z
previous_price_dollars0.0000
previous_yes_ask_dollars0.5600
previous_yes_bid_dollars0.4900
price_level_structuretapered_deci_cent
price_ranges3
[0]3
end0.1000
start0.0000
step0.0010
[1]3
end0.9000
start0.1000
step0.0100
[2]3
end1.0000
start0.9000
step0.0010
result
rules_primaryIf the Republican Party wins the 2026 U.S. House of Representatives election in Texas's 31st District by 14 percentage points or more, then the market resolves to Yes.
rules_secondaryThe margin of victory shall be calculated as follows based on the margin type.
For percentage points: the vote percentage received by the Republican Party minus the vote percentage received by the candidate/party/option that finishes immediately behind the Republican Party if the Republican Party wins, or the candidate/party that finishes first if the Republican Party loses.
Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If the Republican Party runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural the Republican Party will be summed.
If the Republican Party wins the election, the margin will be positive. If the Republican Party loses the election, the margin will be negative. If the Republican Party ties for first place, the margin shall be 0. For uncontested races where the Republican Party is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
settlement_timer_seconds1800
statusactive
strike_typegreater_or_equal
tickerKXMIDTERMMOV-TX31R-P14
titleWill the margin of victory for Republicans in the Texas's 31st District House election be at least 14 percentage points?