Will the Republican Party win the MI-13 House seat?

This market shows extreme illiquidity with zero 24-hour volume despite $25,821 in open interest, suggesting the 7¢ price may not reflect true market consensus and could be stale. The 2,454.8% implied yield on the Yes side is extraordinarily high and likely reflects the low price floor rather than genuine opportunity, indicating this is a highly speculative position with minimal trading activity. With nearly 200 days to expiration and a 13 Cliff Risk Index, traders should be cautious about the reliability of this pricing given the lack of recent price discovery.

Resolution rules

This market will resolve according to the party of the candidate who wins the MI-13 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The midterm elections will take place on November 4, 2026. ​A candidate's party will be determined by their ballot-listed or otherwise identifiable affiliation with that party at the time all of the 2026 House elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican parties will be considered a member of one of these parties based on the party with which they most recently expressed their intent to caucus at the time all of the House elections are conclusively called by this market's resolution sources. This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the United States government, specifically the Federal Election Commission (https://www.fec.gov/).

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