Will Ryan Dotson be the Republican Nominee for KY-06?

Prediction markets currently give a 15% probability that Will Ryan Dotson be the Republican Nominee for KY-06?. This contract trades at 15¢ on Polymarket, closing May 19, 2026. This market shows extreme illiquidity and volatility despite modest open interest of $2.8M, with zero 24-hour volume and a punishing 16¢ spread indicating very few active traders.

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15¢
Bid/Ask 12/18¢·Spread 6¢·Vol $227.323·OI $4,779.476·Closes May 19, 2026·27d remaining
0xd5e2394a45ef085fc74b1fe63f4f66ecfd90f4be11c17b463066c83381e359b5
7-day price470 snapshots · 2 regime
41¢16¢ current
Apr 88¢Apr 21

Analysis

4d ago

This market shows extreme illiquidity and volatility despite modest open interest of $2.8M, with zero 24-hour volume and a punishing 16¢ spread indicating very few active traders. The 11,550% implied yield on the "Yes" side is a classic sign of a thin, distressed market where the 9¢ price may not reflect true probability—such yields typically emerge when tiny position sizes create outsized percentage returns rather than genuine edge. With 32 days to the May 19 primary and a realized volatility of 4,198%, this market is experiencing extreme price swings; the recent 4¢ decline from 13¢ suggests either new information about Dotson's viability or simple illiquidity-driven noise.

Resolution rules

This market will resolve according to the candidate who wins the nomination for the Republican Party to contest the KY-06 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://www.rnc.org/. Any replacement of the nominee before election day will not change the resolution of the market.

Indicators

IY (Yes) 5731.1%
IY (No) 315.3%
Adj IY 2866%
CRI 4
Overround 0.0%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)5731.1%
IY (No)315.3%
Adj IY2866%
CRI4
Overround0.0%

Regime

Label
neutral
Score
0.5
Spread
6¢
Computed
4/21/2026, 8:27:10 PM
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0xd5e2394a45ef085fc74b1fe63f4f66ecfd90f4be11c17b463066c83381e359b5 yes 100

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