SimpleFunctions
PoliticsWinner-take-all · 5 outcomes5 contractsPolymarketrefreshed 6 min agoCloses May 26, 2026 · 17d

Turnout in Texas Senate Republican Primary Runoff: 1.2–1.5M

Leader sits at 35% across 5 bound outcomes, runner-up at 34%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

35%

1.2–1.5M

runner-up 34¢leader 35¢

Outcomes

5

winner-take-all

Runner-up

34¢

0.9–1.2M

Spread

1pp

contested

24h volume

$35

thin orderbook

Closes

May 26, 2026

17 days

Venue

Polymarket

5 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday1.2–1.5M: 39% (28 days, 28 points)1.2–1.5M: 39% on 2026-05-080.9–1.2M: 33% (28 days, 23 points)0.9–1.2M: 33% on 2026-05-081.5–1.8M: 25% (28 days, 28 points)1.5–1.8M: 25% on 2026-05-08
1.2–1.5M39¢0.9–1.2M33¢1.5–1.8M25¢
Top 3 candidates by current price · 28d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects the chance that turnout in the 2026 Texas Republican Senate primary runoff falls between 1.2 million and 1.5 million votes. The 35% current level suggests market participants view this mid-range outcome as moderately unlikely relative to higher or lower turnout scenarios. Turnout in runoff elections typically declines from initial primary contests, which would argue for the lower end of historical ranges. However, a competitive race featuring Attorney General Ken Paxton—evidenced by the close margin contracts trading—could drive engagement above typical runoff norms. The resolution depends on actual votes cast on election day. Key factors include whether Paxton faces a narrow challenger, voter fatigue following an earlier primary, and the level of outside spending and mobilization efforts. The most direct catalyst will be the official vote tallies released by the Texas Secretary of State following the runoff election.

  • Paxton's margin-of-victory contracts cluster between 3–9%, indicating a competitive race that could elevate turnout versus non-competitive runoffs
  • Runoff elections historically see 25–40% turnout relative to initial primary elections in Texas; the denominator of eligible voters determines whether 1.2–1.5M falls above or below trend
  • Campaign spending and voter mobilization intensity, particularly from outside groups supporting either candidate, directly correlates with turnout in low-salience contests
  • Early voting participation and mail-ballot requests in the weeks preceding the runoff would provide measurable signals of turnout trajectory
  • The timing and messaging of endorsements from the initial primary winner (if not Paxton) could either suppress or energize the broader electorate

What moved the line

  • May 31.5–1.8M14pp1832¢ · Polymarket
  • May 61.5–1.8M14pp3218¢ · Polymarket
  • May 70.6–0.9M7pp1219¢ · Polymarket
  • May 31.2–1.5M6pp3933¢ · Polymarket
  • May 61.2–1.5M6pp3339¢ · Polymarket

Recently closed in election 2026

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: 6 min ago.