Will the All India Anna Dravida Munnetra Kazhagam (ADMK) win the most seats in the 2026 Tamil Nadu Legislative Assembly election?

Prediction markets currently give a 13% probability that Will the All India Anna Dravida Munnetra Kazhagam (ADMK) win the most seats in the 2026 Tamil Nadu Legislative Assemb.... This contract trades at 13¢ on Polymarket, closing April 23, 2026. With only 6 days until expiry and the election scheduled for March-May 2026, this market appears mispriced or reflects genuine uncertainty about election timing—the 16¢ price implies ADMK has just a 16% chance despite historically being competitive in Tamil Nadu politics.

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13¢
Bid/Ask 13/14¢·Spread 2¢·Vol $13,006.729·OI $20,943.919·Closes Apr 23, 2026·1d remaining
0x22e03dc66d5294670263027439ea57f15c9602bbcd4c4801e5b77d30f509ad6f
7-day price564 snapshots · 67 regime
24¢13¢ current
Apr 86¢Apr 21

Analysis

4d ago

With only 6 days until expiry and the election scheduled for March-May 2026, this market appears mispriced or reflects genuine uncertainty about election timing—the 16¢ price implies ADMK has just a 16% chance despite historically being competitive in Tamil Nadu politics. The extreme implied yield of 29,835% on the Yes side signals severe illiquidity ($12.1K open interest on a binary outcome), and the 985% realized volatility combined with a 3¢ spread suggests this market has experienced sharp repricing, possibly due to recent polling data or political developments not yet reflected in mainstream coverage. The high cliff risk index and rapid info arrival rate (1.8/hour) indicate traders are actively processing new information very close to resolution, making this an unusually volatile micro-cap political prediction market.

Resolution rules

Legislative Assembly elections are to be scheduled to be held in Tamil Nadu, India, in March–May 2026. This market will resolve according to the political party that wins the greatest number of seats in the Tamil Nadu Legislative Assembly in the 2026 election. If the results are not known definitively by October 31, 2026, 11:59 PM ET, this market will resolve to "Other". In the event of a tie between multiple parties for the most seats won, this market will resolve in favor of the party that received a greater number of valid votes. If that also results in a tie, this market will resolve in favor of the party whose listed abbreviation appears first in alphabetical order. This market’s resolution will be based solely on the number of seats won by the named party in the Tamil Nadu Legislative Assembly. This market will resolve based on the results of this election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results reported by the Indian government, specifically the Election Commission of India (ECI) (https://eci.gov.in). If multiple official reports differ, this market will resolve based on the one that includes the greatest number of Assembly Constituencies (ACs).

Indicators

IY (Yes) >100,000%
IY (No) 5012.9%
Adj IY 46155%
CRI 7
Overround 0.0%
LAS 0.08
▶ Full indicator table (6)
IndicatorValue
IY (Yes)>100,000%
IY (No)5012.9%
Adj IY46155%
CRI7
Overround0.0%
LAS0.08

Regime

Label
neutral
Score
0.409
Spread
2¢
Computed
4/21/2026, 9:53:39 PM
Observability mediumEvent type political
Has orderbookIndicators computed 4/21/2026, 9:53:18 PM

Trade

View on polymarketsf trade 0x22e03dc66d5294670263027439ea57f15c9602bbcd4c4801e5b77d30f509ad6f yes 100

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