Will Sam Couvillon be the Republican nominee for GA-09?

Prediction markets currently give a 3% probability that Will Sam Couvillon be the Republican nominee for GA-09?. This contract trades at 3¢ on Polymarket, closing May 19, 2026. This market displays extreme yield asymmetry with Yes contracts offering an extraordinary 11,282% annualized return against just 110.4% for No, suggesting severe underpricing of Couvillon's nomination odds relative to the market's 9% baseline.

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3¢
Bid/Ask 1/4¢·Spread 3¢·Vol $49·OI $12,745.477·Closes May 19, 2026·27d remaining
0xbf1039df4ab4316aee7d1231da93c53f463ddbdd94b4d10f82be980486db194d
7-day price697 snapshots · 6 regime
48¢4¢ current
Apr 82¢Apr 22

Analysis

6d ago

This market displays extreme yield asymmetry with Yes contracts offering an extraordinary 11,282% annualized return against just 110.4% for No, suggesting severe underpricing of Couvillon's nomination odds relative to the market's 9% baseline. The 7-cent spread is notably wide for a $7.6M open interest position, and the astronomical realized volatility of 3,762% combined with a Cliff Risk Index of 10 indicates this contract experiences violent price swings near the May 19 resolution date—likely driven by primary election developments and candidate announcements. With only 33 days to expiry and a 3.0/hour information arrival rate, any significant campaign news could trigger rapid repricing, making this a high-risk, high-reward contrarian bet for those believing Couvillon's true nomination probability exceeds 9%.

Resolution rules

This market will resolve according to the candidate who wins the nomination for the Republican Party to contest the GA-09 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Republican primary will take place on May 19, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Republican sources, including https://rnc.org/. Any replacement of the nominee before election day will not change the resolution of the market.

Indicators

IY (Yes) 32857.0%
IY (No) 57.0%
Adj IY 8214%
CRI 24
RV 4542%
VR 7.53
▶ Full indicator table (8)
IndicatorValue
IY (Yes)32857.0%
IY (No)57.0%
Adj IY8214%
CRI24
RV4542%
VR7.53
IAR2.7/h
LAS0.75

Regime

Label
neutral
Score
0.409
Spread
3¢
Computed
4/22/2026, 8:22:08 AM
Observability mediumEvent type political
Has orderbookIndicators computed 4/22/2026, 8:08:24 AM

Trade

View on polymarketsf trade 0xbf1039df4ab4316aee7d1231da93c53f463ddbdd94b4d10f82be980486db194d yes 100

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