Will Mike Mazzei be the Republican nominee for Governor in Oklahoma?

Prediction markets currently give a 33% probability that Will Mike Mazzei be the Republican nominee for Governor in Oklahoma?. This contract trades at 33¢ on Kalshi, closing November 3, 2026. The market is pricing Mazzei at a modest 34% chance despite an extraordinarily high 353% implied yield on Yes contracts, suggesting significant underpricing relative to the risk-reward profile or extreme uncertainty about his nomination prospects.

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33¢
Bid/Ask 30/33¢·Spread 3¢·Vol $24·OI $11,576.77·Closes Nov 3, 2026·196d remaining
KXGOVOKNOMR-26-MMAZ
7-day price211 snapshots · 29 regime
52¢30¢ current
Apr 827¢Apr 21

Analysis

4d ago

The market is pricing Mazzei at a modest 34% chance despite an extraordinarily high 353% implied yield on Yes contracts, suggesting significant underpricing relative to the risk-reward profile or extreme uncertainty about his nomination prospects. With only $9,600 in open interest and $1,487 in daily volume, liquidity is thin, making the high yield potentially illusory given execution risk. The 969% realized volatility and sharp 5.79 vol ratio indicate this market has experienced wild swings, and with 201 days until the November 2026 close, substantial information arrival (1.0/hour) could dramatically shift sentiment around the Oklahoma Republican primary race.

Cross-venue

Also on polymarket at 23¢+10¢)

View counterpart →Match confidence 0.94IY 2215.3%Close-time delta 3375h

Resolution rules

If Mike Mazzei wins the nomination for the Republican Party to contest the 2026 Oklahoma Governorship, then the market resolves to Yes.

Indicators

IY (Yes) 361.9%
IY (No) 96.0%
Adj IY 362%
CRI 2
RV 623%
VR 3.13
▶ Full indicator table (8)
IndicatorValue
IY (Yes)361.9%
IY (No)96.0%
Adj IY362%
CRI2
RV623%
VR3.13
IAR1.2/h
Overround-0.0%

Regime

Label
neutral
Score
0.386
Spread
3¢
Computed
4/21/2026, 8:18:14 PM
Observability mediumEvent type political
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXGOVOKNOMR-26-MMAZ yes 100

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